The Nigerian National Petroleum Corporation (NNPC) has vowed to remain globally competitive to ensure value addition to the nation’s hydrocarbon resources for the benefit of Nigerians and other stakeholders. NNPC Group Managing Director, Dr Maikanti Baru, disclosed this Thursday in Abuja while addressing the corporation’s staff via a mail broadcast to commemorate his two-year anniversary…
By Energy Worth Ibadan Electricity Distribution Company Limited, IBEDC, Monday got a temporary reprieve from the 21 days ultimate order given to it by the Nigerian Electricity Regulatory Commission, NERC within which to dissolve its present Board of Directors. Ruling in a case with suit no: FHC/ABJ/CS/665/18 between Ibadan Electricity Distribution Company Plc (IBEDC) &…
By Tsvetana Paraskova Oil prices dropped early on Friday as fears of the escalating U.S.-Chinese trade war and increased production by Saudi Arabia and Russia outweighed concerns over supply disruptions from Venezuela to Libya to looming sanctions on Iran. At 08:23 a.m. EDT today, WTI Crude was down 0.78 percent at $72.37, and Brent Crude…
