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FG sets up call center for electricity consumers

FG sets up call center for electricity consumers

By Obas Esiedesa –  Senior Reporter, Abuja   The Ministry of Power has launched a service call centre for electricity consumers across the country to call and make their complaints…

Oil discoveries in Nigeria boosts Exxon Mobil reserves

Oil  discoveries in Nigeria boosts Exxon Mobil reserves

By Anayo Korie  / Ag Energy Editor   Exxon Mobil has replaced  about 104 per cent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent…

NDPR produces 45m litres of diesel in three years

NDPR  produces 45m litres of diesel in three years

Niger Delta Petroleum Resources (NDPR),  mini refinery located on the Ogbele marginal oil and gas field in Eastern Niger Delta  has produced over 45 million litres of diesel since it…

Subsidy on petrol hits N1.2b

Subsidy on petrol hits N1.2b

The recovery  of prices of crude oil in the international market, coupled with  the subsidy on petrol that the Federal Government pays  has been rising  after it slashed the price…

Finland backs Nigerian power sector reform

Finland backs Nigerian power sector reform

By Obas Esiedesa   –  Senior Reporter, Abuja   Finland has backed the current Federal Government’s effort aimed at reforming the power sector. The Finnish Ambassador to Nigeria, Ms. Pirjo…

Local content law to boost investment in power sector – EMMAN scribe

By Anayo Korie  -  Ag Energy Editor    In a  reaction to the  local content law for power sector, the Electricity Meter Manufacturers Association of Nigeria (EMMAN)-the umbrella association  for…

Noble suspends Israeli investments expansion

Noble Energy has  suspended  any further investments in the expansion of Tamar, and  development of Leviathan until regulatory issues are resolved with Israel. In the company’s fourth quarter  and full…

NNPC backs local capacity development in oil sector

NNPC backs local capacity development  in oil sector

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to continue to promote in-country capacity by leveraging on indigenous companies with requisite technology to add value to the Oil…

Frontier, NDP, boost gas production

Frontier, NDP, boost  gas production

Frontier Oil and Niger Delta Petroleum (NDP), operators of the Uquo and Ogbele Marginal Fields in the Eastern onshore Niger Delta basin, have grown their natural gas production and supplies…

Jonathan Commissions Olorunshogo power station

Jonathan Commissions Olorunshogo power station

By Anayo Korie  / Ag Energy Editor   President Goodluck Jonathan has commissioned  750mw Olounshogo power station built  by Niger Delta Power Holding Company of Nigeria as part of  the agenda…

2015 OTL to focus on Africa’s downstream oil, gas

The 2015 edition of the Africa Oil Trading (OTL) and Logistics Expo will be focusing on the full value-chain for downstream oil and gas in Africa . Chairman of OTL,…

Samsung accused of disregarding court order on Egina FPSO project

Samsung accused of disregarding court order on Egina FPSO  project

By Anayo Korie  / Ag Energy Editor   Samsung Heavy Industries Nigeria has been accused of flagrant disregard for a subsisting Federal High Court order on  suit NO: FHC/L/CSlL768l2O14 between Mr.…

Shell to reap $8b from assets divestment in Nigeria

Shell to reap   $8b from  assets  divestment  in  Nigeria

Shell international is expected to reap over $8 billion  with the selling of 30 per cent in oil mining leases OML 18, 24,25,and 29  in Nigeria’s  Eastern onshore in Niger…

Crazy bills: Petitioner seeks refund of N1.3b excess illegal charges

Nigerian Electricity Regulatory Commission (NERC) has reserved ruling till March 3, on a petition brought by a resident of 1004 Housing Estate, Victoria Island, Samuel Aremu seeking among others a…

Sawafuji, Grand unveil new Elemax generator

By Chinyere Abiaziem / Reporter   Driven by the passion to meet up with the changing demands of customers and end users, Sawafuji Electric, manufacturer of Elemax generator in conjunction with…

Angola cuts 2015 budget to $52 after oil drop

Angola’s cabinet has cut proposed 2015 budget spending by 1.8 trillion kwanza ($17 billion) to 5.4 trillion kwanza after slashing expected oil revenues, the Angola authority  said over the  weekend.…

EMMAN urges FG to liberalize meter market

EMMAN urges FG  to liberalize meter market

By Anayo  Korie  / Ag Energy  Editor   The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has  urged  the Federal Government to liberalize the  meter market to allow members sell  its…

• backs PIB passage By Anayo Korie / Ag Energy Editor   The Major Oil Marketers Association of Nigeria (MOMAN) has  called on Nigerians not to panic as  the crude oil…

Chevron cuts $40b spending over drop in oil prices

Chevron cuts $40b spending over drop in oil prices

Chevron Corporation   halted share purchase, slowed work on new projects and announced the biggest spending cut in more than a decade as part of the agenda  to cope with…

Schneider Electric, NAPTIN to train 400 electricians

Schneider Electric, the global specialist in energy management, in partnership with the National Power Training Institute (NAPTIN) will train over 400 electricians in a program which begins March 12, 2015.…

FG set to provide electricity to manufacturing sector

FG set to provide electricity to manufacturing sector

The Federal Government has restated its determination   to provide uninterrupted electricity supply to industrial clusters in the country.To attain  this target , the Government has announced a new partnership…

Oil marketers demand refund on new petrol pump price

Oil marketers demand refund on new petrol pump price

By Anayo Korie  / Ag Energy Editor   Oil marketing firms have   demanded a refund from Federal  Government to  cushion their shock from the unexpected price drop which led to…

Shell to cut $15b spending on projects in 3 years

Shell to cut $15b  spending on projects in 3 years

Royal/Dutch  Shell is curtailing its spending by more than US$15 billion over the next three years , citing the dramatic, nearly 60% drop in oil prices over the past six…

Education and training should be the main issues for the 2015 elections

Education is poorly funded in Nigeria because Nigerian leaders do not know its value.  Nigeria needs education complemented by adequate and appropriate training to promote rapid technological development. A robust…

Power Sector: SURE-P sponsors NAPTIN training for 150 engineers

By Obas Esiedesa  / Senior Reporter, Abuja   The National Power Training Institute of Nigeria (NAPTIN) has commenced a one year training scheme for 150 trainees for the power sector under…

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