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.
Substandard cylinders hinder gas development
THE high incidence of substandard, unbranded and smuggled cylinders into the Nigerian market has deterred genuine importers of the product from investing in the business, thereby discouraging the use of Liquefied Petroleum Gas, LPG/cooking gas in the country.
NCP approves handover of PHCN successor coys
The National Council on Privatization (NCP), on Friday, formally approvedthe handover of the successor companies unbundled from Power Holding Company of Nigeria, PHCN, to the preferred bidders.
Schneider, Mikano partner in power distribution
Schneider Electric and ikanoInternational,have agreed to collaborate in electrical distribution in a bid to increase investment opportunities in the power sector.
Oil &Gas: PIB, A Serious environmental protection proposal? (2)
The quest for whether the proposed law will effectively address the issues of abandonment, decommissioning and disposal, is by analyzing the current legal regime vis-à-vis the PIB. Currently the legal regime for offshore decommissioning and abandonment is covered by motley assortment of inadequate and almost labyrinthine body of legislations, dating back to the Petroleum Act of 1969.
Stakeholders apprehensive over Oando’s shares decline
Stakeholders in the oil and gas industry are becoming apprehensive over the decline inOandoPlc shares, which dropped by 10 per cent on the Nigerian Stock Exchange last week.
