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Energy

Host communities, FG responsible for delay in Ogidigben, Gelegele projects — Experts

On August 20, 20193:51 pmIn Energyby Nwafor

The delay in the commencement of the $20 billion Gas Revolution Industrial Project, Ogidigben, Delta State and the deep seaport and industrial park in Gelegele, Edo state, has been blamed on the Federal Government and host communities, who have consistently deployed various antics to frustrate the realization of these projects.

Nigeria’s 70% local content target by 2027 under threat — Investigation

On August 20, 20197:12 amIn Energy, Newsby Bankole

THE nation’s quest of attaining 70 per cent local content growth by 2027 has been threatened as the operational capacity of dockyards, used for the fabrication of oil and gas facilities has been threatened because of lack of jobs for indigenous service companies in Nigeria.

Future looks bright as FG takes steps to tackle problems in power sector — MD/CEO, Siemens

On August 20, 20196:35 amIn Energy, Newsby Bankole

The Federal Government and Siemens Limited, Nigeria, recently sealed an agreement to reduce power loses in the nation. In this interview with Udeme Akpan, the Managing Director/CEO, Siemens Limited, Ms Onyeche Tifase, provides an insight into the deal, including how the company will go about achieving its target.

Electricity: 4,000MW of installed capacity stranded — NDPHC CEO

On August 19, 201911:34 pmIn Energy, Newsby Bankole

While Nigerians grapple with inadequate and unstable power supply, the Managing Director of Niger Delta Power Holding Company, Mr Chiedu Ugbo stated that a major challenge is the over 4,000 megawatts, MW, of installed capacity that remains stranded.

FG not committed to ending gas flaring – Environmental activist

On August 15, 20195:08 pmIn Energy, Newsby Victor Ogunyinka

By Davies Iheamnachor The Environmental Rights Activist, Nnimmo Bassey, has stated that the Federal Government lacks the commitment to bringing gas flaring by companies to an end. Bassey, who is the Executive Director of Environmental Rights Action, stated that if the government was ready to end gas flaring that it should ensure that companies pay
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Energy infrastructure, govt policy, strategy are solutions to power – Prof. Hart

On August 15, 201912:03 amIn Business, Energy, Newsby Urowayino Warami

Professor Phil Hart is the Director of Energy and Power at the Cranfield University, United Kingdom. Over the years, he has held a series of senior roles within the energy and Power Sector in the UK, Asia and North America as an engineering director, chief technology officer, chief operating officer and president. He is a recognised industry leader in wave energy conversion technologies in the US and has advised the US Department of Energy repeatedly on innovation strategies for this technology.
In this interview with Sunday Vanguard, he disclosed sundry issues bothering on power, energy and how to boost the sector through renewable energy.

IOCs’ investment shift towards natural gas creates big headache

On August 13, 20197:35 amIn Energy, Newsby Bankole

International oil companies, IOCs, have been steadily shifting investments toward natural gas, driven by an emerging globally traded market and environmental concerns. However, they are now taking a hit as prices plummet.

REA IPP: Asura, Ariaria, Sabon Gari users task service providers on tariff, expansion

On August 13, 20197:28 amIn Energy, Newsby Bankole

Electricity consumers in the markets – Sura (Lagos), Ariaria (Aba) and Sabon Gari (Kano) – have tasked service providers, for better deals, ranging from low tariff to extension of service to all parts of the markets. The three Independent Power Plants, IPPs, were initiated through Energizing Economies Initiative, EEI of the Rural Electrification Agency, REA, to ensure the rapid deployment of off-grid electricity solutions to Micro, Small, Medium Enterprise, MSME’s in economic clusters, including markets, shopping complexes and agricultural/industrial clusters, nationwide. An investigation by Vanguard, over the weekend, showed that the initiative, which started in September 2017, has since become operational, delivering power to users in the three States. However, business owners, who spoke with Vanguard, in different interviews in Ariaria, and Sabon Gari markets, complained of a relatively high tariff and the need to extend supply to all parts of the markets.

Beware of NNPC’s advice, petroleum economist warns FG

On August 13, 20197:17 amIn Energy, Newsby Bankole

THE immediate past president of Nigerian Association for Energy Economics, NAEE, Professor Wumi Iledare, has cautioned the Presidency against allowing the Nigerian National Petroleum Corporation, NNPC, play an advisory role to the government on oil and gas matters.

107 IDPs graduate from NCDMB craft training

On August 13, 201912:50 amIn Energy, Newsby Bankole

THE Nigerian Content Development and Monitoring Board (NCDMB), has trained 107 internally displaced persons (IDPs), in different crafts under its Fair Chance Initiative (FCI), for rebuilding the North East region.