Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India’s biggest shipping company said on Tuesday.

Ikeja Electric Plc (IE), one of Nigeria’s leading Electricity Distribution companies, has carried out an oral hygiene intervention campaign across five primary schools within its network where the pupils were taught the fundamentals of dental care.

Nigeria music icon, Yemi Alade, has taken the lead in spreading Shell’s make-the-future campaign which aims to inspire youths and entrepreneurs for bright energy ideas that can help in the global quest for more and cleaner energy.

Industry experts have indicated that a sustained low oil price would further lead to more job losses in the oil sector in 2017 with oil field services and Exploration & Production (E&P) segments accounting for the lion share of the loss.

The maritime safety market size is estimated to grow from USD 16.71 billion in 2016 to USD 23.67 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 7.2%. The maritime safety market is driven by factors such as increasing maritime awareness, rising number of incidents pertaining to piracy & terrorism, and compliance to regulatory standards & guidelines.

For two days the Nigerian Navy showed its might over oil thieves, pirates on the maritime environment in the Niger Delta when it launched its exercise ‘SharkBite’.

At the backdrop of silver lining in the oil price and output levels industry experts are giving notes of warnings against any slip into actions that have put the economy in stress.

Many indigent citizens in Rivers State are now counting their fortunes from the empowerment program of Shell Petroleum Development Company, SPDC.

The Minister for State Petroleum, Dr. Ibe Kachikwu said that the Federal Government will eliminate multiplicity of regulators, as well as eliminate activities of international oil Companies, IOCs, that provoke community agitations.

Nigeria lost $535.07 million, about N163.33 billion to gas flaring in nine months, as the Nigerian National Petroleum Corporation, NNPC, international and indigenous oil companies flared 176.59 billion Standard Cubic Feet (SCF) of gas between January and September 2016.

Two different committees of the National Assembly have met with the management of Port Harcourt Electricity Distribution Company of Nigeria, PHED, on ways to improve power situation in the market jurisdiction.

Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB Engr. Simbi Wabote has commended NigerDock on his local content policies implementation in the country

Oil and Gas Free Zones Authority, OGFZA, has begun the process of implementing the federal government’s directive ceding regulatory control of all oil and gas free zones in the country to it.

Emadeb Energy Services Limited, a Petroleum Products Haulage and Distribution Company, has ventured into ownership of retail outlets through which it plans to increase earnings across the nation.

The problem of paucity of resources for investment in the power sector seem to be on the rise as the 11 Distribution Companies (DISCOs) appear to be unattractive to new investors, due to unfavourable pricing environment.