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.
Understanding petroleum industry JOA in post financial meltdown (3)
With the introduction of the UK Bribery Act 2010, and the continued strict enforcement of the US FCPA, the 2012 JOA revised and expanded the anti-bribery and business ethics provisions of the 2002 JOA. The revised provision increases transparency and indemnity arising from the UK Bribery Act.
Going green: Techno Oil unveils gas stoves
Techno Oil has introduced new gas stoves targeted at low income earners, under its “Going Green Initiative.” The programme is aimed at creating cleaner, healthier and safer environment in Nigeria.
Nigeria loses 620MW of electricity in three months
Nigeria lost a total of 620 megawatts per hour of electricity in three months, between October and December 2012, arising from differences in average electricity generated and average electricity consumed during the period.
Shell, Exxon, Total, Chevron, others parley on alleged corruption
Major oil industry executives gather in Nigeria’s capital for an annual conference this week with Africa’s largest crude producer under pressure over reports alleging large-scale corruption and mismanagement.
Statoil gets UK’s approval for $7bn Mariner Field plan
Statoil ASA has secured the approval of the United Kingdom for its $7 billion Mariner heavy oil field’s development, in the North Sea
