Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
FG to provide one million meters to consumers
The Minister of Power, Prof. Chinedu Nebo, has revealed that the Federal Government has concluded arrangement to facilitate the provision over one million meters to the electricity consumers in its determination to address the issue of estimated billing by the electricity distribution companies, Discos.
FG’s threats over metering bounce off DISCOs
It is yet unclear how it will do it, but the Federal Government has again threatened to sanction forthwith any defaulting company, as it expressed dissatisfaction over the level of meter deployment by electricity distribution companies, DISCOs.
Falling prices: Nigeria oil revenue dips by N77bn
Continuous decline in the price of crude oil has caused Nigeria to lose as much as N77.2 billion from oil revenue in one month, according to data obtained from the Central Bank of Nigeria, CBN.
Power sector below expectation, says LCCI
The Lagos Chamber of Commerce and Industry, LCC1, said the power sector performed below expectations in 2014, as evident in the deterioration of public power supply in the year gone by.
Oil spill: Group welcomes Shell N16bn compensation
Environment group, Health of Mother Earth Foundation, HOMEF, has lauded the recent agreement by the Shell Petroleum Development Company to pay Bodo community N16 billion for crude oil spills of 2008/2009.
