Force majeure notice to FG means time up for Discos—BPE
The long stretch of opposite trending between the federal government and electricity distribution firms (Discos) in the country is taking a more dangerous dimension. This stemmed from the recent issuance of notice to declare force majeure due to the declaration…
Lost 25 million barrels of crude in March not linked to vandalism—NNPC
Contrary to trending news that loss in crude oil in the month of March were from oil installations vandalism, intelligence secured from credible sources at the Nigerian National Petroleum Corporation (NNPC) showed that they were caused essentially by challenges like…
Fibre cuts somewhere in Portugal caused MainOne’s services disruptions
The management of leading data centre services group, MainOne Cable Company has disclosed that the observed service hiccups being experienced by its customers was due to a fibre cut on its submarine cable system, 3000KM offshore Portugal. The outage, the…
Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando
Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach 2.2 million barrels per day (bpd) by the end of…
