Energy

‘Current industry laws not supporting deep offshore investments’
Ajibola Oyebamiji Dr. Andrew Ejayeriese Energy NAPE NNPC

‘Current industry laws not supporting deep offshore investments’

[FILE PHOTO] Oil and Gas • Nigeria’s present gas figure conservative, insists NAPE The Nigerian Association of Petroleum Explorationists (NAPE) says current legislations governing operations in the country’s oil and gas industry do not encourage investments in deep offshore projects. The association noted that with the degree of risks, pressure, […]

Saudi: No consensus yet among oil producers to cut output
Abu Dhabi Asian News Energy Joint Ministerial Monitoring Committee. Khalid al-Falih News oil Saudi Arabia World News And International Politics

Saudi: No consensus yet among oil producers to cut output

[FILE PHOTO] Oil Saudi Arabia said oil-producing countries have not yet reached an agreement on cutting output, as major producers met in Abu Dhabi on Sunday. “There is no consensus yet among oil producers about cutting production,” Saudi Energy Minister Khalid al-Falih said at the meeting of their Joint Ministerial […]

Nigeria’s capital market can finance infrastructure, experts insist
Business Business News Energy Finance Nigeria NSE Patrick Ezeagu Transportation

Nigeria’s capital market can finance infrastructure, experts insist

Capital Market Experts and stakeholders in the financial sector have restated their calls on government at various levels, to take advantage of the multiple benefits inherent in the nation’s capital market to facilitate their respective infrastructure projects. Reiterating the market’s capacity, the stakeholders warned that in an era of fiscal […]

Polaris Bank sees huge potential in Pan Ocean’s oil, gas projects
Adetokunbo Abiru Energy Polaris Bank Limited

Polaris Bank sees huge potential in Pan Ocean’s oil, gas projects

Polaris Bank. Photo/ Imbuednation Polaris Bank Limited has identified Pan Ocean Oil Corporation’s OML-147 flow station at Owa- Alidinma and the Ovade-Ogharefe Gas Processing/LPG Propane Plant II, as laudable projects capable of generating significant cash flows. The Group Managing Director of Polaris Bank Limited, Mr. Adetokunbo Abiru, said this when […]

NNPC/SNEPCo Cradle-to-Career scholarship beneficiaries hit 375
Cradle-to-Career scholarship Energy NNPC SNEPCo

NNPC/SNEPCo Cradle-to-Career scholarship beneficiaries hit 375

NNPC tower Another 108 Nigerians have been awarded full secondary education scholarship under the NNPC/SNEPCo National Cradle-to-Career (NC2C) Scholarship scheme launched in 2014, bringing the total number of beneficiaries in the last four years to 375. The scholarship, administered by Shell Nigeria Exploration and Production Company (SNEPCo), offers full boarding […]

Major oil marketers to address petroleum downstream accidents
Energy Major Oil Marketers Association of Nigeria MOMAN petroleum

Major oil marketers to address petroleum downstream accidents

Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote (left); Senator Ita Giwa; King of Ochia Autonomous Community, Eze Ekwueme Ekwueme; Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu; Refinery Project Manager for Lambert,  Mr. Mohamad Chit; Chief Operating Officer,Gas & Power, Nigerian National Petroleum Corporation Saidu Mohammed, and […]

Association seeks opening of closed gas plan
Energy Lagos Mr. Akinwunmi Ambode NALPGAM Nigerian Association of Liquefied Petroleum Gas Marketers Second Coming Gas plant

Association seeks opening of closed gas plan

Second coming company during an inferno in January 2018. PHOTO: NAN The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has expressed worry over the prolonged and continuous closure of Second Coming Gas plant by the Lagos State Government. The association, according to its Executive Secretary, Mr. Bassey Essien, is […]

Schneider Electric takes clean energy to rural communities
DrillBytes Energy Schneider Electric

Schneider Electric takes clean energy to rural communities

Schneider Schneider Electric, a global specialist in energy management and automation, restated its resolve to taking clean energy to some of Nigeria’s most rural areas This move, which complements its provision of high quality electrical appliances to Nigerians, is aimed at empowering more Nigerians, especially those not connected to the […]

Boost for Nigerian content agenda as stakeholders collaborate to build vessels
DrillBytes Energy NCDMB Nigerian Content Development and Monitoring Board Simbi Wabote

Boost for Nigerian content agenda as stakeholders collaborate to build vessels

Simbi Kesiye Wabote. PHOTO: SweetCrudeRepors As more stakeholders in the country’s oil/gas and maritime space continue to leverage critical partnerships to develop vessels, the country’s local content programme championed by the Nigerian Content Development and Monitoring Board (NCDMB) appears to be gathering momentum. Collaborations have been identified as particularly effective […]

Consumer groups worry over state of DisCos
Deolu Ogunbanjo DISCOs Energy

Consumer groups worry over state of DisCos

Distribution companies (Discos) Consumer groups in the country’s power sector have expressed worry over the state of the power distribution companies (DisCos) in recent years.Commenting on the state of Nigeria’s power sector and the arguments being put forward by DisCos, the President, Consumer Rights Advancement Organisation (CRADO), Chief Deolu Ogunbanjo, […]

NERC working on alternative energy sources to boost power generation – Chairman
Energy James Momoh NERC

NERC working on alternative energy sources to boost power generation – Chairman

Distribution companies (Discos) The Nigeria Electricity Regulatory Commission (NERC), says it is working on alternative energy sources to boost power supply in the country.Its Chairman, Prof. James Momoh made the disclosure in an interview with the News Agency of Nigeria (NAN) in Igarra, Edo. “We are working on other options […]

Nigeria now haven for ‘dirty fuels’ as regulations fail
African News diesel Dirty Fuel DrillBytes Energy Nigerian National Petroleum Corporation NNPC petroleum

Nigeria now haven for ‘dirty fuels’ as regulations fail

Petrol Failure on the part of industry regulators in Nigeria has relegated Nigeria to the background among the comity of nations, thus making it a destination for dirty fuels. Petroleum products that are not accepted in other parts of the globe including most African nations, have continued to flood the […]

Kachikwu joins others to address energy infrastructure deficiency
African News Dr. Ibe Kachikwu Energy Metro News Nigeria

Kachikwu joins others to address energy infrastructure deficiency

Emmanuel Ibe Kachikwu. PHOTO: Kiyoshi Ota/Bloomberg Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, will join other speakers to address energy infrastructure deficiency in Sub-Sahara Africa at the Africa oil and gas summit scheduled to hold next month in Nairobi, Kenya. Convener of the summit, Oladeji Olawale, who spoke […]