Total Nigeria Revenue dropped by 30.13% amid Relatively Stable Bottom-Line Performance Brandspurng1

Total Nigeria: PEF Inflow Propels PAT To Profitability

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Recently, major downstream player, TOTAL released its audited financial result for FY-2020. It was evident that the peculiarities of the economic lockdown, which included...
diesel_fuel_brandspur

Shoring up Government’s revenue: is subsidy removal the best way to go?

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Recently, the International Monetary Fund (IMF) advised the government to consider the removal of subsidy on petroleum products as a remedy to the low...
NBS KEROSENE BRANDSPUR

AKWA IBOM, ABIA & KATSINA RESIDENTS PAID LOWEST PRICE FOR KEROSENE IN APRIL

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The National Bureau of Statistics, NBS, said the average price per liter paid by consumers for National Household Kerosene increased by 3.53% month-on-month and...
Upstream Oil & Gas Sector in H2-2020

Nigeria’s Upstream Sector Post COVID-19: The need for restructuring

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The upstream oil & gas sector is one of the worst-hit sectors by the COVID-19 outbreak. Clearly, the combination of global lockdown measures (which...
Petrol price, Petrol price hikes

Petrol Index 2021: Nigeria sees the highest price spikes in Africa – Report

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Picodi analysis team examined the change in petrol prices in the first half of 2021 compared to the previous year and counted how many...

Nigerians To Pay More As NERC Hikes Electricity Tariff

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The Nigerian Electricity Regulatory Commission (NERC) has said that prepaid meters will soon flood the market with the licensing of 87-meter asset providers (MAPs). According...

OilPrice Intelligence Report: Oil Prices Tumble After Brent Breaks $75

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In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.  We will...

Wärtsilä Modular Block solution to modernise power generation in a West African gold mine

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The technology group Wärtsilä announces the first order of its innovative new Wärtsilä Modular Block solution for power generation to Aggreko, a global provider...

Africa Oil & Power To Credit Senegal President As “Africa Oil Man of the...

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Africa Oil & Power will confer the award to H.E. Macky Sall at its yearly convention in Cape Town; H.E. Macky Sall is notable...
Olivia Energy Presents New Retail Outlet at Oju Ore, Otta in Ogun State

Olivia Energy Presents New Retail Outlet at Oju Ore, Otta in Ogun State

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Being part of the approach to offer cutting-edge customer experience to its customers, and the pledge to spread across major cities in Nigeria. Olivia...
Volkswagen-backed QuantumScape to go public via a merger with Kensington Capital Acquisition Corp.

Volkswagen-backed QuantumScape to go public via a merger with Kensington Capital Acquisition Corp.

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QuantumScape Corporation has entered into a definitive merger agreement with Kensington Capital Acquisition Corp. (NYSE: KCAC); upon closing, the combined company will remain...
Nigeria’s Hopes for Energy Sufficiency Bolstered with Recently Inaugurated Local Refinery

Nigeria’s Hopes for Energy Sufficiency Bolstered with Recently Inaugurated Local Refinery

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In the just concluded week, the Federal Government’s refinery roadmap which includes the construction of greenfield plants, rehabilitation of the existing refineries and collocation...