Business

National grid crashes 81% to 675MW, as 9 plants go off

National grid crashes 81% to 675MW, as 9 plants go off

By Obas Esiedesa, Abuja Nigeria’s grid electricity supply crashed by 81.5 per cent to 675 megawatts (MW) at 1pm on Monday from 3,647MW, following a drop in the number of power plants supplying the national grid from 21 to 2. The development prompted electricity distribution companies, including Abuja Electricity Distribution Company (AEDC) and Ikeja Electric, […]
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Pass PIGB to attract investments in the oil industry – SPE

Pass PIGB to attract investments in the oil industry – SPE

INVESTMENT growth and opportunities in the petroleum industry will not improve unless the petroleum industry governance bill, PIGB is passed without delay, Chairman of Society of Petroleum Engineers, SPE, Nigerian Council, Mr. Chikezie, Nwosu said.

NIPCO bags maiden NIPS oil, gas award

NIPCO bags maiden NIPS oil, gas award

NIPCO Plc has won an Oil and Gas industry award because of its unprecedented acquisition of ExxonMobil stake in Mobil Oil Nigeria Plc.