Globally, the International Oil Companies, IOCs and their indigenous counterparts are smiling to the banks as crude oil price hits the roof at $80 per barrel.Read More
.Boosts supply with 11,000MT through Sahara Gas Vessel Petroleum marketing company in Lagos, MOB Integrated Services Limited, is now the largest supplier of Liquefied Petroleum Gas (LPG) in West Africa, delivering over 25,000 metric tonnes (MT) monthly across the sub-Sahara Africa, including Nigeria, Republic of Benin and Ghana. With Nigeria still being an emerging market,
Belema Oil Producing Limited, a major indigenous player in the nation’s oil and gas industry, says it will end gas flaring in its host communities in 2019.Read More
Oil producing communities, under the auspices of Host Communities of Nigeria (Producing Oil and Gas), HostCom, have promised to set up a pipeline security unit across the Niger Delta region to forestall the incessant cases of pipeline vandalism and protect other critical oil and gas facilities.Read More
The Federal Government has been urged to enact a compulsory power policy that will compel the deployment of solar energy system in private homes as a remedy for power generation and supply shortages in the countryRead More
“Yes I can kiss, but I can’t allow someone to touch my boobs in a movie. The script is neither a Bible nor is it a Quran. We can always find a way around it.” Commenting on what stands her out as an actress, she said her ability to interpret her roles well makes her a brilliant actress.” It’s talent and my ability to interpret my roles well that stands me out. It’s not just my beauty that makes me different. You don’t have to sleep around to be featured in a movie, if you are good, people will definitely look for you”Read More
Access Bank Plc gave out loans, totaling N572.997 billion to energy firms in two years, between 2013 and 2014. This was even as the bank is fined N174 million for various contraventions in the course of its operations in 2014. A breakdown of the loans, according to information obtained from the bank’s financial statement for the year ended, December 31, 2014, showed that the Bank gave out a total of N243.065 billion and N329.923 billion in 2013 and 2014 financial year respectively.Read More
The Federal Government said it planned to construct three 25 megawatts gas turbines at Port Harcourt Refining Company Limited (PHRC) to improve production.Read More
t is hoped that this issue will be looked into and the appropriate corrections effected in the nomenclature of these two government agencies. When this has been achieved, the wrong perception of all oil producing states being Niger Delta state will be removed from the consciousness of many Nigerian. When this is achieved, then perhaps the two women on the bus ride will have cause to celebrate Anambra becoming an oil producing state, and not necessarily becoming a Niger Delta state.Read More
THE Chief Executive Officer [CEO], Power Holding Company of Nigeria, PHCN, Eko Distribution zone, Engineer Ayo Obilomo has revealed that over 70,000 pre-payment meters have been deployed to the customers within the company’s network across Agbara, Apapa, Festac Town, Victoria Island, Lekki, Mushin and Orile areas.Read More
IN a bid to enhance efficiency and productivity in cleaner energy and fluid process, Viessmann, an international leader in the production of heating systems, has revealed that it has selected Siemens PLM Software’s technology to enhance process efficiency and increase productivity of cleaner energy.Read More
A United States of American trade delegation to Nigeria has pledged support for the on_going transformation project of the Nigerian National Petroleum Corporation, NNPC.Read More
ITALY-based, Eni said it is currently implementing multiple strategies for the development of gas in Nigeria, through its local unit, the Nigerian Agip Oil Company, NAOC.Read More
The U.S. Export and Import (Ex-Im) Bank says it is ready to provide credit facility to investors wishing to take part in Nigeria’s multi billion-dollar power sector privatisation plaRead More
The Federal Government said available electricity output now stands at 4,000MW, blaming poor infrastructure for the inability of government to evacuate the total electricity generation put at 6,000MW.
Minister of Science and Technology, Prof Mohammed Abubakar, made this known yesterday at the summit on energy and sustainable economic growth organised by the Energy Commission of Nigeria, ECN.