A summary of the monthly allocation shows that 61.9 million barrels of crude oil were allocated to domestic refineries during the quarter, while producers collectively offered a higher volume of 68.7 million barrels.
Speaking during an online media parley on Thursday, Bello stated that NISO remains focused on delivering its core mandate of promoting electricity reliability, operational efficiency, and transparency in the administration of Nigeria’s electricity market.
Now in its third edition, the ENERGY TIMES Award is designed to recognise and celebrate individuals and organisations whose work continues to transform the energy sector and improve lives across the country.
Speaking during an online media parley on Thursday, Bello stated that NISO remains focused on delivering its core mandate of promoting electricity reliability, operational efficiency, and transparency in the administration of Nigeria’s electricity market.
A summary of the monthly allocation shows that 61.9 million barrels of crude oil were allocated to domestic refineries during the quarter, while producers collectively offered a higher volume of 68.7 million barrels.
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), MrsOritsemeyewaEyesan, has reaffirmed the NUPRC’s commitment to enabling a business-friendly environment and advancing the Federal Government’s gas agenda.
Documents reviewed by this newspaper show that the proposed sale, involving Continental Oil and Gas Limited and a later entrant, Conpurex Limited, was formally terminated in October 2024 following missed payment obligations, unresolved breaches, and attempts to alter agreed terms in ways that would have reassigned core risks to the seller.
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of...