Friday April 18th, 2014
Friday April 18th, 2014
Latest

Nigeria’s refining capacity rises to 26%

  /   in Energy 1:44 am   /   Comments

refinery-7

The Nigerian National Petroleum Corporation, NNPC, has put the combined average capacity utilisation of Nigeria’s four refineries at 25.95 per cent for the month of December 2013.

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Latest

KEROSENE SCARCITY: NLNG to flood markets with cooking gas

  /   in Energy   /   Comments

WAITING: Queue for kerosene at a Nigerian National Petroleum Corporation, NNPC, Mega Filling Station in Yelwa, Bauchi State, yesterday. NAN PHOTO.

ABUJA: The management of Nigerian LNG Limited, NLNG, has expressed commitment to support Federal Government’sefforts to get more Nigerians to switch to cooking gas by making the product available for consumption.

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Latest

Stanbic IBTC enjoins SMEs to tap into power reforms

  /   in Energy   /   Comments

Electricity-new

Chief Executive Officer of Stanbic IBTC Holdings, a member of Standard Bank Group, Mrs. Sola David-Borha, has called on small and medium scale enterprises in the country to tap into the power sector reforms for business growth.

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Latest

Experts seek way forward for power stability

  /   in Energy   /   Comments

electricity-NIGERIA

Experts in the power industry, worried by the dwindling power situation in Nigeria, especially in Lagos, since the privatisation of the Power Holding Company of Nigeria, PHCN, assets last November, have come up with issues that should be tackled to achieve power stability.

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Latest

NERC adjourns appeal against EKEDC

  /   in Energy   /   Comments

Electricity-new

The Nigeria Electricity Regulatory Commission, NERC, last week, adjourned indefinitely the case between Mayfair Gardens and the Eko Electricity Distribution Company, EKEDC, pending a thorough inspection of the entire Mayfair Gardens electrical infrastructure by the appeal panel before making a ruling on the matter.

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Latest

Shell, BP sign LNG supply deals with Kuwait

  /   in Energy   /   Comments

oil-gas

Royal Dutch Shell and BP have signed deals to supply Kuwait with liquefied natural gas (LNG) over the next few years, a Kuwait Petroleum Corp. (KPC) official was quoted as saying on Sunday.

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Latest

Develop downstream operation, IPMAN charges members

  /   in Energy   /   Comments

The Independent Petroleum Marketers Association of Nigeria (IPMAN), the umbrella body of petroleum marketers, has directed its members to focus more on the sustainable revival of Nigeria’s petroleum downstream sector.

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Latest

PHCN assets: ICPC interrogates NELMCO boss

  /   in Energy 12:54 am   /   Comments

Protesting PHCN workers

The Independent Corrupt Practices and other Related Offences Commission, ICPC, has begun investigations into the alleged secret sale of landed property of the defunct Power Holding Company of Nigeria, by its liability managers.

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Latest

Shale: Nigeria’s crude export to US declines by 91%

  /   in Energy   /   Comments

Oil Installation

NIGERIA has started to witness the negative effect of shale oil exploration in the United Stated of America, USA, and other parts of the world, as Nigeria’s crude oil export to North America dropped by 91.31 per cent in one year.

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Latest

FG denies signing electricity agreement with Congo

  /   in Energy   /   Comments

Electricity-new

electricity from the Democratic Republic of Congo.

The Minister of Power, Prof. Chinedu Nebo, who said this in Abuja, explained that no such agreement had been entered into or signed.

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Latest

PPMC blames fuel scarcity on non-payment of subsidy claims

  /   in Energy   /   Comments

Black Market rules the day as fuel scarcity bites harder in Port harcourt : Pix show: A black marketer, siphon fuel into a costumer’s vehicle yesterday along Station road in Port Harcourt.   Photo: Nwankpa Chijioke

THE Management of Pipelines and Products Marketing Company, PPMC, has blamed the lingering scarcity of premium motor spirit, PMS, otherwise called petrol across the country on lack of payment of subsidy claims to oil marketers.

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Latest

FG grants Mobil licence to build 575MW power plant

  /   in Energy   /   Comments

electricity-NIGERIA

The Nigerian Electricity Regulatory Commission, NERC, has granted operatinglicence to international oil company, Mobil Producing Nigeria Unlimited, MPN, to build and operate a 575-megawatt power plant in Eket,AkwaIbom State.

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Latest

Epileptic power: Confab delegates urged to proffer solution

  /   in Energy   /   Comments

Delegates at the on-going national conference

DELEGATES at the National Conference have been urged to critically examine the remote and immediate causes of the epileptic power supply in the country with a view to finding lasting solution to them.

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Latest

FG solicits UNIDO’s assistance on dams for power

  /   in Energy   /   Comments

DETERMINED to improve power generation in the country, the Federal Government has called on the United Nations Industrial Development Organisation, UNIDO, to assist it in getting an economically workable feasibility study that can promote the viability of the various dams in the country.

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Latest

CSR: PENGASSAN provides healthcare facility in Lagos

  /   in Energy 7:21 pm   /   Comments

As part of its Corporate Social Responsible, CSR, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Mobil Producing Nigeria branch has provided a modern health care centre for the people of Ilasan in Eti-Osa Local government in Lagos.

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Latest

Crude refining in Africa: The way forward

  /   in Energy 7:45 pm   /   Comments

CRUDE-OIL

MOST refineries in Africa tend to be medium to large-scale refineries, perhaps because of the state of technology at the time they were built. This article is about presenting a cost- effective and timely option, as represented by the modular refining format.

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Latest

Why international financiers shunned Nigeria’s power privatisation

  /   in Energy   /   Comments

President Goodluck Jonathan

FIVE months after the privatisation of the Power Holding Company of Nigeria, PHCN’s assets, uncertainty and transparency issues have been identified as reasons why international financial institutions shunned the exercise.

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Latest

NLNG to remit N220bn into Federation Account

  /   in Energy   /   Comments

dollars

THE management of the Nigeria LNG Limited, NLNG, said it will soon remit over N220billion from the 2013 company income tax to the Federation Account.

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Latest

‘Weak governance hindering access to funding’

  /   in Energy   /   Comments

Small-Business222

WEAK governance structure of majority of the indigenous oil and gas companies has over the years made it impossible for the companies to access funds from banks in the Nigeria, says Managing Director, Access Bank Plc, Mr. Herbert Wigwe.

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Latest

FG to sanction manufacturer of burnt Oshogbo transformer

  /   in Energy   /   Comments

Transformer-2

THE Federal Government has threatened to sanction a Chinese Company, CBEA of China, the manufacturer of the 150MVA transformer that caught fire at Oshogbo Transmission Region, in Osun State, if investigations showed that the product was substandard.

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Latest

Non-availability of cylinders hinders LPG growth

  /   in Energy   /   Comments

EFFORTS to increase the consumption of Liquefied Petroleum Gas, LPG, also known as cooking gas in the country are being undermined by lack of access to cylinders in the market.

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Latest

Downstream reform will stabilise products distribution—IPMAN

  /   in Energy 12:16 am   /   Comments

oil-rig400

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said that current Federal Government reforms in the nation’s downstream petroleum sector will not only ensure products sustainability but also distribution stability.

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Latest

Human capacity development remains our priority — FG

  /   in Energy   /   Comments

THE federal government has pledged its effort to improve human capacity development to enhance technical competence in the power sector.

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NEITI clarifies alleged NNPC unremitted $22.8bn

  /   in Energy 12:45 am   /   Comments

nnpc

THE Nigerian Extractive Industries Transparency Initiative, NEITI, has recanted its earlier position that it uncovered $22.8 billion unremitted oil revenue by the Nigerian National Petroleum Corporation, NNPC.

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Latest

FG permits DISCOs to disconnect indebted agencies

  /   in Energy   /   Comments

Electricity-new

THE Nigerian Electricity Regulatory Commission, NERC, has granted distribution companies, DISCOs, the liberty to disconnect government agencies which failed to pay their bills.

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Latest

Oil discovery in Chad Basin realistic — FG

  /   in Energy   /   Comments

CRUDE-OIL

The Executive Secretary, Petroleum Technology Development Fund, PTDF, Dr. Oluwole Oluleye, has said that the discovery of oil in neighbouring Niger and Chad Republic has given an encouraging prospect that oil discovery in the Nigeria’s sedimentary basins is realistic.

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Latest

IKEDC partners LASG on energy conservation

  /   in Energy   /   Comments

Electricity-new

The Ikeja Electricity Distribution Company, IKEDC, has concluded arrangements to partner with the Lagos State Government on energy conservation to reduce unnecessary wastage of electricity by consumers.

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Latest

30 million Nigerians lack access to electricity — FG

  /   in Energy   /   Comments

light2

THE Federal Government has said that over 30 million Nigerians have no access to electricity supply because they are yet to be connected to the national electricity grid

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Latest

Tough times await buyers of PHCN assets

  /   in Energy   /   Comments

*PHCN transformer

Buyers of the assets of the defunct Power Holding Company of Nigeria’s, (PHCN) are in for tough times in the days ahead.

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Latest

Total denies shutting Ofon-2 project

  /   in Energy 7:43 pm   /   Comments

Total E&P Nigeria Ltd, the operator of the NNPC/Total Joint Venture, has denied recent media reports claiming it had shut down its Ofon-2 project.

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Latest

NERC abolishes flat tariff system

  /   in Energy   /   Comments

Protesting PHCN workers

NIgerian electricity consumers may no longer pay flat tariff rate, if the promise of the Nigerian Electricity Regulatory Commission, NERC, is anything to go by.

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Latest

WEC identifies poverty, corruption as critical to Nigeria’s energy

  /   in Energy   /   Comments

The 2014 World Energy Issues Monitor, a report by the World Energy Council (WEC), has identified Energy poverty and corruption as the top critical uncertainties for Nigeria.

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