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 mulls 10-year tariff plan
The Director General, DG, Bureau of Public Enterprises, BPE, Mr. Benjamin Dikki, last week said the Federal Government is initiating a 10-year tariff plan to provide a clear-cut environment for investment in the power sector.
Cautious optimism greets Kachikwu’s double role
The announcement of Dr. Ibe Kachikwu, as Minister of State for Petroleum Resources did not come as a surprise to many. But what came as a shock, was his announcement on resuming office that he will also be retaining his job as the Group Managing Director, Nigerian National Petroleum Corporation, NNPC.
Scarcity: NNPC to check sharp practices
The Nigerian National Petroleum Corporation, NNPC, has commenced the publication of a daily petroleum products supply chart to check sharp practices by oil marketers across the country.
Losses from gas-flaring rise to N122bn
Barring other unforeseen arrangements, Nigeria lost about N122.232 billion ($611.16 million) between January and September 2015, as oil and gas companies flared 203.72 billion cubic feet, bcf, of gas.
Power, works portfolio is too heavy -LCCI
Director-General, Lagos Chamber of Commerce, LCCI, Mr. Muda Yusuf commenting on Fashola’s ministerial position, said the triple portfolio is too heavy for one minister.
