The Nigerian Content Development and Monitoring Board, NCDMB, has stated that a number of investment opportunities in the oil and gas industry abound in Brass, which if developed, would help force down the cost of crude oil and gas production as stipulated by the Minister of State for Petroleum Resources, Chief Timipre Sylva.

THE Chief Executive Officer, Azuri Technologies, Mr. Simon Bransfield – Garth,,has identified Nigeria as a ready market for solar energy, because the on-grid energy is not robust enough to meet demand

The Enugu Electricity Distribution PLC (EEDC) has stated that it has not disconnected South-East prepaid meter users.

The Ibadan Electricity Distribution Company PLC  (IBEDC)  has given  assurances of improved services to its customers throughout the holidays as all its offices would be open  for business.

In the bid to improve the quantum and quality of power being supplied to customers, BEDC Electricity Plc (BEDC) seeks to engage with power generation companies within and outside Nigeria specialising in embedded generation in order to achieve its aims and objectives.

In this interview with some journalists at the just concluded 9th Practical Nigerian Content Seminar in Yenagoa, Bayelsa State, Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, spoke on various issues bordering on the growth of local content in Nigeria. Michael Eboh and Prince Okafor were there.

Oil giant, Shell, Friday, said it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook.

THERE are indications that Nigeria’s power supply may witness an improvement as Schneider Electric, has completed the training of electricians in partnership with the National Power Training Institute, NAPTIN, and the French Development Agency.

THE price of Bonny Light, Nigeria’s premium oil grade, which surged to $67.82 last week, has dropped slightly to $67.02 per barrel in the global market.

The Nigerian National Petroleum Corporation (NNPC) has announced crude oil and gas export sale of $355.93million in September 2019, indicating a significant increase of 52.84 per cent, compared to the August, 2019 figure of $232.87million, a release by the corporation’s Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, has said.

About 40 per cent of Nigeria’s population lack power supply, as operators in the sector, have failed to meet the nation’s privatisation targets.

Local refining of crude oil in Nigeria is expected to get a boost in a few months, as Managing Director/Chief Executive Officer of Waltersmith Petroman Oil Limited, Mr. Chikezie Nwosu, weekend, disclosed that the first phase of its 30,000 barrels per day modular refinery project is 90 per cent complete.

The management of Enugu Electricity Distribution PLC, EEDC, said it signed a Procedural Agreement with its two in-house Unions.

The Women in LPG, Winlpg, Nigeria chapter, has, on Wednesday, November 20, 2019, launched a Secondary Schools LPG Advocacy Campaign on cooking gas, themed: ‘#thinkglobalactlocal #howcanlpgmakemylagosbetter’. The campaign is targeted at enlightening young people about LPG and showcasing LPG as critical fuel towards meeting Nigeria’s Sustainable Development Goals by 2030. These SDG Goals include Goal […]

By Michael Eboh Nigeria’s earnings from the oil and gas industry declined by 2.62 per cent to N3.973 trillion in the first nine months of the year, from January to September 2019, according to data obtained from the Central Bank of Nigeria, CBN. The CBN, in its Economic Report for the Third Quarter of 2019, […]