Energy and Power

Three crew members found alive in FPSO oil facility explosion, says SEPCOL

THREE crew members who were onboard the Trinity Spirit Floating Production, Storage and Offloading (FPSO) vessel gutted by fire...

Nigeria loses 630MW of power to Egbin fire outbreak

  ***TCN says 180MW already restored THE Transmission Company of Nigeria, (TCN), on Saturday, said 630 megawatts (MW) of power were...

AMCON, Ibadan DisCo investors agree to suspend asset takeover

THE Asset Management Corporation of Nigeria, AMCON and Ibadan Electricity Distribution Company core investors-the Integrated Energy Distribution and Marketing,...

AMCON takes over assets of Ibadan DisCo’s core investor

THE Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Integrated Energy Distribution and Marketing (IEDM)...
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Abdulsalami warns against fuel price hike as NEC proposes N302 per litre

AMID concerns that the Nigerian government is considering a National Economic Council (NEC) committee report that recommended hiking the...

Convert power sector debt into equity to attract investments, analysts tell FG

WORRIED by huge debt overhang disrupting Nigeria's ailing power sector, analysts have called on the Federal Government to convert...

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