Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,216 Megawatts-hour of electricity into the national grid on Wednesday . This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained by the News Agency of […]
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Brent crude oil rose above 80 dollars a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply. Brent crude futures rose to $80.41 a barrel, by 11:12 a.m. EDT (1512 GMT). U.S. West Texas Intermediate (WTI) crude rose 59 cents to […]
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The Nigerian Air Force (NAF) has intercepted supplies meant for Boko Haram insurgents along Nigeria-Cameroon borders. Nigerian Air Force said last night that it seized over 4,000 drums and several plastic containers filled with petroleum products meant for the insurgents. NAF spokesman Air Commodore Dele Alonge broke the news in a statement in Abuja. The statement […]
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