Power sector loses N1.287b daily —Report

  Damilola Shittu – Abuja Nigerian power sector said it lost approximately N1.287 billion on Saturday due to insufficient gas supply, distribution and transmission infrastructure. On the same day, average energy sent out was 4,157 megawatts/hour, which was down by 89.19MW from the previous day. This was contained in the Nigerian power sector daily data…

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Russia, OPEC to sign partnership deal

Russia is planning to sign a partnership agreement with Organisation of Petroleum Exporting Countries (OPEC), Energy Minister Alexander Novak said on Monday. Novak said the deal would be discussed at the OPEC December 6 meeting. The News Agency of Nigeria (NAN) reports that on September 11, Novak said that he believed OPEC and their allies within…

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