Energy

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Upstream: Stakeholders kick against IOCs onshore assets divestment

By Prince Okafor Stakeholders in the Niger Delta, yesterday, faulted moves by International Oil Companies, IOCs, to divestment their onshore assets in preference to offshore fields. The stakeholders stated that the divestment move was contrary to the transition advocacy to renewable energy sources and a ploy to evade development obligations and responsibility for polluting the […]

Oil Bunkering Fire: FG should integrate artisanal refineries — Rep

By Prince Okafor The Federal Government has been urged to integrate artisanal refineries into the country’s refining regulations for the oil and gas industry. This was the submission of Kingsley Uju-Chima, the representative of Ohaji/Egbema, Oguta, Oru Federal Constituency, Imo State, at the House of Representatives, following a visit to the site of Friday’s fire […]

ELECTRICITY: Blackout persist as generation falls 39.78% to 2,464MW

By Obas Esiedesa The ongoing widespread blackout across the country will persist as power generation dropped by 39.78 per cent yesterday to 2,464.7 Megawatts as at 3pm from 4,097MW peak generation recorded on Sunday. Checks by Energy Vanguard on data released by the National System Operator (NSO) showed that 16 plants were on the grid […]

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