Thailand’s PTT buys Agbami crude cargo for early Oct arrival-sources

Singapore — Thailand’s state oil company PTT has bought one cargo of Nigerian Agbami crude on behalf of Thai refiner IRPC via a tender awarded last week, two trade sources said on Wednesday * The cargo was bought at a premium of around $3 a barrel to dated Brent on a delivered-ex-ship (DES) basis, said […] More »

BP has no plans to take its tankers through Hormuz

London — BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels, the British company’s Chief Financial Officer Brian Gilvary said on Tuesday. The oil and gas company has no current plans to take any of its own […] More »

Chinese demand for Angolan oil rebounds ahead of IMO 2020

London — Angolan oil sales are bouncing back from a dismal summer as Asian refining margins have recovered and demand is rising ahead of a major change in marine fuel standards in 2020, traders say. Crude from Africa’s second-largest exporter after Nigeria flowed to its top customer China in the lowest volumes in nearly five years […] More »

Yemen urges oil companies to restart production – oil ministry document

Yemen’s internationally-recognised government has called on oil companies to restart production and exploration in the country More »

Russia’s Ust-Luga port loads oil with 2.8 ppm of chloride – ministry

Organic chloride content in oil loaded from the Baltic Sea port of Ust-Luga had declined to 2.8 parts per million (ppm) by July 29, within a More »

OPEC daily basket oil price closes at $63.79 per barrel

Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $63.79 a barrel on Monday, compared with $64.02 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi […] More »

NNPC exonerates ExxonMobil over $600m oil licences renewal debt

Ike Amos Abuja — The Nigerian National Petroleum Corporation, NNPC, Monday, exonerated ExxonMobil from any indebtedness to the federation over the renewal of licenses for Oil Mining Leases, OML, 67, 68 and 70. In a statement in Abuja, Group Managing Director of the NNPC, Mallam Mele Kyari, disclosed that the indebtedness was on the part […] More »

Japan’s Osaka Gas to buy Sabine Oil for $610 mln

Osaka Gas Co Ltd said on Monday it will buy U.S. shale gas developer Sabine Oil & Gas Corp for $610 million, as the Japanese company aims to expand its overseas business to seek future growth More »

Hedge funds dump oil as fragile calm settles on Mideast: Kemp

Hedge funds sold oil last week, reversing most of the purchases made the week before, as tensions in the Middle East reached a More »

Anadarko Petroleum beats profit estimates on higher output

Anadarko Petroleum Corp, in its last earnings report before shareholders vote on its sale to Occidental Petroleum, on Friday reported More »

OML 25 crisis: Ogoni urges Buhari to probe Gov. Wike’s ‘meddlesomeness’

Mkpoikana Udoma Port Harcourt — The people of Ogoni in Rivers State have faulted the intervention of Governor Nyesom Wike, in the crisis rocking the Belema flow station and gas plant in OML 25, operated by the SPDC/NNPC JV in Akuku Toru Local Government Area of the state, calling on President Muhammadu Buhari to probe […] More »

Russia wants short-term gas deal with Ukraine before bypass routes done – sources

Russia wants to strike a short-term deal with Kiev on gas transit to Europe when the current ten-year deal expires in order to More »

New EU gas law, challenged by Nord Stream 2, is valid -spokeswoman

The European Commission defended on Friday a new European Union natural gas law, which has been challenged by the Russian-led Nord Stream 2 pipeline More »

Indonesia offers four new oil and gas blocks after roadshow – deputy minister

Indonesia's energy ministry offered four new oil and gas blocks including Cendrawasih VIII block off Papua shore which is estimated to have 3.8 trillion cubic More »

Brazil’s Petrobras reports 3.8% growth in Q2 oil, gas output

Brazil’s state oil firm Petroleo Brasileiro SA said on Friday total second-quarter oil and gas production was 2.633 million barrels per day of oil More »

I’ll make Bayelsa a maritime hub if elected governor – Alaibe

Mkpoikana Udoma Port Harcourt — A former Managing Director of the Niger Delta Development Commission, NDDC, Chief Ndutimi Alaibe, on Thursday assured that he would turn Bayelsa State into a maritime hub if elected governor. Alaibe who is also the pioneer Coordinator of the Presidential Amnesty Programme for repentant Niger Delta militants also said he […] More »

NNPC seeks partnership with Chevron for condensate refinery

Ike Amos Abuja — The Nigerian National Petroleum Corporation, NNPC, Thursday, called for collaboration with Chevron Nigeria Limited to establish a condensate splinter refinery. The appeal was made by the Group Managing Director of NNPC, Mallam Mele Kyari, when the management of Chevron Nigeria Limited, CNL, was led by its Managing Director, Jeff Ewing, on […] More »

OPEC daily basket oil price closes at $64.55 per barrel

Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $64.55 a barrel on Thursday, compared with $64.58 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi […] More »

Wall St rebounds, dollar gains on solid GDP data, upbeat earnings

New York — U.S. stocks bounced back and the dollar hit a two-month peak on Friday as solid economic data and a spate of positive earnings reports brought buyers back to the market. A host of upbeat quarterly reports from a broad range of U.S. companies, including Google parent Alphabet Inc, Intel Corp, Starbucks Corp […] More »

Oil steadies as Gulf tensions offset U.S. economic data

London — Oil prices steadied on Friday and were on track for a weekly increase as geopolitical tensions in the Middle East and concerns over the safety of oil transport in the Gulf countered slowing U.S. economic growth amid a U.S.-China trade war. Brent crude futures were up 9 cents at $63.48 per barrel at […] More »

Baltic index sees worst week in 6 months as ship availability improves

News wire — The Baltic Exchange’s main sea freight index fell for a fourth straight session on Friday, driving it to its worst weekly loss in six months on abundant availability of ships in the Atlantic region. * The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.5%, or 10 points, […] More »

Argentina cuts red tape to spur gas exports

Buenos Aires — Argentina will sharply cut the approval process for gas exports, the energy ministry said on Friday, as the country looks to ramp up developments of its huge unconventional Vaca Muerta shale play and become a net energy exporter. The resolution, published in the official bulletin, reduces the export approval period from 45 […] More »

Total plans $5 bln in asset sales as second-quarter profit falls

Paris — French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on Thursday. The company reported a 19% year-on-year drop in adjusted net profit to $2.9 billion in […] More »

Papua New Guinea could renegotiate Total deal – Petroleum minister

Sydney — Papua New Guinea’s petroleum minister said a gas deal it agreed with French oil major Total SA could be re-drawn if a government review finds its terms unfavourable. The deal, for a project called Papua LNG, was agreed on in April but put up for review after the prime minister who signed it […] More »

NNPC to resume cash call arrears repayment to Eni/Agip

Ike Amos Abuja — The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that it would resume the repayment of cash call arrears to its Joint Venture (JV) partners, Eni/Agip before the end of the week. In a statement in Abuja, Group Managing Director of the NNPC, Mallam Mele Kyari, explained that the failure to pay […] More »

Nigeria to have first solar-powered mall, install 600KW solar plant

*Reduce CO2 emissions by over 13,000 tonnes OpeOluwani Akintayo Lagos — A one-stop leisure, restaurant and retail destination in Abuja, Jabi Lake mall will be the first in the history of Nigeria to be powered solar. Brought to the market by Actis, on Monday, announced an agreement with CrossBoundary Energy, CBE. Actis previously collaborated with […] More »

U.S. crude stocks drop by nearly 11 mln bbls -EIA

News Wire — U.S. crude stocks fell by nearly 11 million barrels last week even as refineries cut output, following a similar report from a key industry group, the Energy Information Administration said on Wednesday. Crude inventories fell by 10.8 million barrels in the week to July 19, compared with analysts’ expectations for a decrease […] More »

Repsol received 45% owed in H1 under Venezuela oil-for-debt deal-CEO

Madrid — Spanish oil and gas firm Repsol received 45% of the amount it was owed by Venezuela in the first half of 2019 under an oil-for-debt deal, its chief executive said on Wednesday. Repsol received four cargoes relating to its Cardon joint venture with Italy’s Eni in the first six months of the year […] More »

NNPC, Morocco pledge to deliver gas pipeline pact

*To partner Indonesia State oil company, Pertamina on crude oil sales OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Corporation, NNPC, and the Kingdom of Morocco have pledged to deliver on the gas pipeline bilateral agreement between Nigeria and the North African nation in record time. This was made known by the Group Managing Director […] More »

FIRS tasks technical committee on harmonisation of tax reforms

Abuja — The Federal Inland Revenue Service (FIRS), has directed the newly inaugurated Technical Tax Policy Drafting Committee to harmonise the various tax and excise law reforms in the proposed Finance Bill. The FIRS Chairman, Mr Babatunde Fowler gave the directive at the inaugural meeting of Reconstituted National Tax Policy Implementation Committee (NTPIC) in Abuja on […] More »

Fashola returns as minister, Kachikwu dropped

OpeOluwani Akintayo Lagos — Former minister for Power, Works and Housing, Babatunde Fashola, has come back as a minister, going by the ministerial list sent by President Muhammadu Buhari to the Senate for confirmation for his second term in office. The list of ministerial nominees was read out at the Senate sitting by Senate President, Ahmed […] More »

UK tells Iran to release seized oil tanker and crew immediately

News Wires — The United Kingdom has called on Iran to release a British-flagged tanker and its crew immediately, describing the seizure of the Stena Impero oil tanker by the Iranian forces as illegal. The Islamic Revolutionary Guard Corps (IRGC) commandos rappelled from helicopters and seized the tanker in the Strait of Hormuz on Friday in apparent retaliation for the British […] More »

Russia’s Novatek completes sales of stakes in Arctic LNG-2

Moscow — Russian natural gas producer Novatek said on Monday it had completed the sale of stakes in its Arctic LNG-2 project to China’s National Petroleum Corporation, CNOOC and the Japan Arctic LNG consortium. Novatek has now reached its target for participation in the project, meaning it can make a final investment decision and use cash […] More »

Libya’s Sharara oilfield resumes output after brief outage

Benghazi, Libya/London — Libya’s National Oil Corporation (NOC) has restarted the Sharara oilfield and lifted force majeure on loadings of its crude oil from the Zawiya terminal, it said on Monday. The oilfield, the OPEC member’s largest, was shut on Friday evening after an unidentified group shut a valve on the pipeline linking it to Zawiya, […] More »

China/Abu Dhabi oil firms sign exploration, refining agreement

Beijing/Singapore/Dubai — China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC said on Monday. The agreement was signed during a three-day state visit to China by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed. Under […] More »

OFID launches new strategy, focuses on sustainable growth, maximum impact

*The OPEC Fund for International Development, OFID, will embark on a journey to diversify its financial resources and to implement a coherent and consistent set of actions VIENNA, Austria — OFID’s highest policy-making body, the Ministerial Council, held its 40th Annual Session in Vienna, Austria, and approved the general principles of OFID’s new Strategic Framework. […] More »

Total to drill four wells in South Africa’s gas field by 2020

OpeOluwani Akintayo Lagos — French oil major, Total will drill up to four gas wells in South Africa starting from the first quarter of 2020. The gas discovery located in 11B/12B in the Outeniqua Basin, located 175 kilometers off the southern coast, will lead to further exploration and appraisal in the coming year. Already, a […] More »

Mexico unveils Pemex business plan, but banks underwhelmed

Mexico City — Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world’s most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to dispel worries of a ratings downgrade. Octavio Romero, CEO of Petroleos Mexicanos, or Pemex, presented the broad outlines […] More »

Russia’s Transneft signed off on alleged supplier of tainted oil: documents

London — A small oil transport firm accused of pumping toxic chemicals into Russia’s crude pipeline network that then polluted oil exports to Europe received daily documents from Russian state pipeline monopoly Transneft giving its oil deliveries a clean bill of health. The documents seen by Reuters certified the oil deliveries from March 30 to […] More »

West Africa Crude – Nigeria’s July-loading cargoes likely cleared

…September Angolan programme holds exports steady London — Angola’s preliminary export programme for September emerged on Tuesday, indicating the number of cargoes would match those originally planned for last month at 45. Reuters also reports that Nigeria’s July-loading cargoes were heard to have likely cleared, while a normal overhang of around two dozen cargoes loading […] More »

Nigerian consumer inflation falls to 11.22% in June –stats office

Lagos — Annual inflation in Nigeria stood at 11.22% in June, compared with 11.40% in May, the National Bureau of Statistics said on Monday. A separate food price index showed inflation at 13.56% in June, compared with 13.79% the previous month. Reuters More »

Hedge funds stick to the sidelines in oil: Kemp

London — Hedge funds and other money managers left their petroleum positions essentially unchanged last week as the poor outlook for consumption offset production concerns stemming from tensions in the Middle East. The net long position in petroleum futures and options remained at 563 million barrels in the week to July 9, according to records […] More »

Nordic power: Gains in fuel, German market push forward prices to multi-month peak

News Wires — Nordic forward prices rose to a multi-month peak on Monday driven by higher fuel and German power rates. * Nordic front-quarter baseload power contract rose 0.8 euro or 1.9% to 43.00 euros per megawatt hour (MWh) as of 1124 GMT, after touching its highest since May 16 at 43.15 euros. * Nordic front-year […] More »

Germany, Austria say sanctions among options for Turkey’s Cyprus drilling

Brussels — The European Union will decide on Monday to symbolically punish Turkey over what it calls “illegal” drilling for oil and gas off Cyprus and threaten harsher sanctions in the future unless Ankara changes tack, German and Austrian ministers said. Foreign affairs ministers of the 28-nation bloc meeting in Brussels on Monday are due […] More »

No impact from Broome earthquake on Australia oil, gas, port operations

Melbourne — Oil and gas operations onshore and offshore Western Australia were unaffected by a magnitude 6.6 earthquake that struck off the northern coast of the state on Sunday, the country’s offshore petroleum safety regulator and companies said. “NOPSEMA has not received any reports of impacts to offshore oil and gas facilities following the earthquake,” a […] More »

Tragedy as generator fume kills parents, five children in Rivers

Mkpoikana Udoma Port Harcourt — A couple with their five children have been found dead in Big Elele, Ikwerre Local Government Area of Rivers State, following prolonged inhalation of generator fumes. Our correspondent gathered that the family of seven were found dead in their one-bedroom apartment in Too-Much-Money Estate, inside Big Elele, yesterday by neighbours, while […] More »

Nigeria to force lending by capping deposits at central bank

Lagos — Nigeria plans to encourage lending by capping banks’ interest-bearing deposits at the central bank, the latest in a series of measures aimed at reviving an economy stuck with low growth. The central bank said in a circular dated July 10 that daily placements with it by lenders above 2 billion naira ($6.5 million) would […] More »

Oil prices firm on tropical storm and geopolitical tensions

London — Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East. However, an International Energy Agency (IEA) forecast for a global […] More »

IEA sees oil market oversupplied in 2019 on U.S. production

London — Surging U.S. oil output will outpace sluggish global demand and lead to a large stocks build around the world in the next nine months, the International Energy Agency (IEA) said on Friday. The forecasts appear to predict the need for producer club OPEC and its allies to reduce production to balance the market despite […] More »

Europe gas trade volume on track for another record in 2019

Frankfurt — European gas trading volumes this year may beat the record 52,604 terawatt hours (TWh) recorded in 2018 due to growth at the Dutch, German and Italian gas trading hubs, research firm Prospex said on Friday. Last year’s volume rose 5% and trading across 11 markets monitored by Prospex increased by at least 10% […] More »

Maersk family company steps into renewables with wind firm acquisition

News Wires — A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry. The acquisition marks a new direction for the family-owned company, which has built its business on the shipping and oil industry. […] More »

Morocco prepares to launch tender for 230 MW plant in Atlas mountains

Rabat — The Moroccan agency for sustainable energy (Masen) said it opened on Tuesday the first stage in a tender process to build, operate and maintain a 230 megawatt solar plant near the town of Midelt in the Atlas mountains. Applications for the pre-qualification round of the Noor Midelt II project are open until September […] More »

HitecVision, Oman’s Petrogas to buy UK oilfields from Total

London — Private equity fund HitecVision and Omani oil group Petrogas have teamed up to buy a portfolio of Total’s British North Sea oilfields for $635 million, the companies said on Wednesday. The fields, which are set to produce 25,000 barrels of oil equivalent per day (boed) this year, will be owned by a subsidiary […] More »

Oil gains on U.S. inventory drawdown, Gulf of Mexico storm

London — Oil prices rose 2.5% on Wednesday after industry data showed U.S. inventories fell more than expected and as major U.S. producers evacuated rigs in the Gulf of Mexico before a storm. U.S. West Texas Intermediate (WTI) crude futures climbed $1.58 to $59.41 by 1326 GMT, after hitting a session high of $59.53. Brent […] More »

Oil majors evacuate U.S. Gulf platform staff before storm

Houston — Major U.S. oil producers on Tuesday began evacuating and shutting in production at their deepwater Gulf of Mexico platforms in advance of a tropical disturbance expected to become a storm this week. A tropical depression is expected to form late on Wednesday or Thursday, according to the National Hurricane Center, and move westward […] More »

Turkey rejects Greek, EU claims that drilling off Cyprus illegitimate

Istanbul — Turkey’s foreign ministry said on Wednesday it rejected statements by Greek and European Union officials that Turkish drilling for gas and oil off Cyprus was illegitimate and said the EU could not be an impartial mediator on the Cyprus problem. The ministry said in a statement that Turkey’s Fatih ship had started drilling […] More »

China’s CNOOC, Sinopec to jointly study, explore mostly offshore blocks

Singapore — China’s offshore oil and gas specialist CNOOC Ltd said on Wednesday it entered a framework deal with China Petroleum and Chemical Corp, or Sinopec Corp, to jointly study and explore mostly offshore oil and gas blocks * Under the deal, the two state oil firms will jointly study and explore for oil and gas […] More »

Saipem CEO says Saudi contracts part of natural gas shift

Milan — Two contracts signed in Saudi Arabia for $3.5 billion by Italy’s oil contractor Saipem are part of a shift in the company’s strategy to focus more on natural gas, Chief Executive Stefano Cao said on Wednesday. Saipem said on Tuesday it won two new contracts from Saudi Aramco for the development of land facilities […] More »

NNPC’s Kyari vows to “reverse” petrol importation trend in Nigeria

*Transforms Nigeria into a net exporter of petroleum products by 2023 *To raise production to 3million barrels per day and 40 billion barrels reserves *To work with EFCC to rid Corporation of corruption OpeOluwani Akintayo Lagos — The new Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kolo Kyari, has vowed […] More »

Oil edges up as supply concerns offset trade disputes

London — Oil edged further above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions countered the U.S.-China trade dispute that has been dragging down the global economy and oil demand. OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020. Brent has […] More »

UAE agrees deal for construction of $900 mln desalination plant

Abu Dhabi — The United Arab Emirates (UAE) has struck a deal with a consortium of companies over the construction of a $900 million desalination plant in the northern emirate of Umm Al Quwain to meet the growing demand for water in the region. The UAE’s Federal Electricity & Water Authority (FEWA) agreed the deal with […] More »

UK’s Unite says it reaches deal to end dispute at St Fergus Gas plant

News Wires — Britain’s Unite trade union said on Tuesday it had reached a deal to end the dispute over health and safety of Unite construction workers at the St Fergus Gas plant in the North Sea. Unite had threatened to hold a ballot on industrial action in response to the Wood Group withdrawing a […] More »

Column – Hedge funds sell crude as economy fears trump OPEC cuts: Kemp

London — Hedge funds sold more Brent futures and options last week as concerns about the global economy trumped the decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to extend output cuts. Hedge funds and other money managers sold another 7 million barrels of Brent derivatives in the week to July […] More »

Aiteo grows its gas production to 300 million scf, 2024

Mkpoikana Udoma Port Harcourt — As part of its medium and long term plans, indigenous oil giant, Aiteo Eastern Exploration and Production Company, has announced plans to grow its gas production from 60millionscf to 300million standard cubic feet per day in the next three to five years. The company also disclosed plans to grow its […] More »

Baru charges new NNPC GMD to surpass his achievements

*As Borno Gov congratulates Kyari OpeOluwani Akintayo Lagos — The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, has charged his successor-designate, Mallam Mele Kolo Kyari, to exceed the milestones recorded so far by the corporation’s current management. A press release by the corporation’s Group General Manager, Group Public Affairs […] More »

NNPC’s public affairs division opens multi-media studio

*Baru lauds the project OpeOluwani Akintayo Lagos — The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, has applauded the leadership of the corporation’s Group Public Affairs Division, GPAD for efficiently managing resources to build an ultra-modern multi-media studio. Dr. Baru who gave the commendation over the weekend while commissioning […] More »

Oil & gas account for 95% of UK’s import from Nigeria – Envoy

Mkpoikana Udoma Abuja — Oil and gas account for 95 percent of the United Kingdom’s import from Nigeria, the British High Commissioner to Nigeria, Ms. Catriona Laing has said. Laing speaking at the ongoing Nigerian Oil and Gas Conference in Abuja, also disclosed that the UK has over £5.5million investment in Nigeria and was looking […] More »

U.S. oil production growth slows but OPEC+ should be wary: Kemp

London — The once booming expansion rate of U.S. oil production has begun to slow in response to the downturn in prices since the end of the third quarter of 2018, government production figures show. U.S. crude and condensates production rose to a record 12.16 million barrels per day (bpd) in April, an increase of […] More »

Novatek offers to supply LNG to Gazprom to cover any Ukraine transit issues – Ifax

Moscow — Russian gas producer Novatek is prepared to supply Gazprom with liquefied natural gas to honour its contracts this winter in the event of Ukraine transit issues, Interfax news agency cited Novatek’s CEO as saying on Tuesday. Gazprom, the main supplier of natural gas to Europe, halted gas transit via Ukraine twice since 2006 […] More »

Price of 5kg cylinder of gas down 2.13 percent in May

Lagos — The average price for the refilling of a 5 kilogramme, kg, cylinder of the Liquefied Petroleum Gas, LPG, or cooking gas decreased by 0.90 percent month-on-month and 2.13 percent year-on-year to N2,028.04 in May from N2,046.53 in April 2019. This is according to latest figures released by the National Bureau of Statistics, NBS. […] More »

Exxon expects weak gas prices to offset gains from higher crude prices

News Wires — Exxon Mobil Corp said on Monday that in the second quarter it expects higher oil prices and refining margins compared to the prior quarter, but the gains will be offset by lower natural gas and weaker margins in its chemicals business. The U.S. oil major said in a filing it expected change […] More »

National electricity grid collapses, as Nigerian groan in darkness

OpeOluwani Akintayo Lagos — Electricity customers in some parts of Nigeria are currently living without power supply, despite torrents of rain which should have boosted electricity generation across the country. The latest system collapse reported on Sunday may have worsened the poor electricity supply situation in the country. The Transmission Company of Nigeria, TCN said […] More »