Electricity: CPC Summons DISCOs Over Alleged ‘Crazy Bill’ Syndrome

Stories by Obas Esiedesa, Abuja Inundated with consumer complaints on exploitative electricity billing, the Consumer Protection Council has summoned all electricity Distribution Companies in the country to a hearing on alleged outrageous billings, based on estimated consumption. The Council, in response to numerous complaints of electricity consumers on estimated billings and non-provision of metres, had […]

Industry Experts Propose Alternative Funding To Boost Oil Industry

By Phillip Oladunjoye , Lagos WITH AGENCY REPORTS   The plummet in crude oil prices has further aggravated the Federal Government’s inability to fund Joint Venture (JV) agreements with international and indigenous oil companies. Prior to the oil glut, payment of cash calls and requests for payment for anticipated future capital projects sent by Joint Venture […]

FMC Technologies Delivers First ‘Made-In- Nigeria’ Subsea Wellheads For Egina Project

FMC Technologies, one of the leading global providers of technology solutions for the energy industry, has said that it has delivered its first 4 subsea wellheads fabricated entirely in Nigeria. It noted that the equipment, manufactured for the Egina project, operated by Total, is the result of the company’s dedication to developing local capabilities among […]

PTDF Seeks Industry Support For Nigerian Researchers

With Nigeria seeking to domesticate most activities in its multi-billion dollar petroleum industry, the Petroleum Technology Development Fund (PTDF) has urged international and local oil companies operating in the country to provide funding to indigenous researchers. PTDF Executive Secretary, Femi Ajayi, who spoke at the close-out seminar of the 2012/2013 annual oil and gas research […]

NERC Sets Up 12-Member Safety Code Review Panel

A twelve member panel has been set up by the Nigerian Electricity Regulatory Commission (NERC) to review the safety code governing the electricity supply industry. The members were drawn from generation, transmission, distribution as well consumer groups representatives. Speaking at the panel’s inauguration in Abuja, NERC Chairman, Dr. Sam Amadi, described electricity consumption per capita […]

NEMSA Directs AEDC To Fix Faulty Equipment

Despite attempts by the Nigerian Electricity Regulatory Commission (NERC) to undermine its authority, the Nigerian Electricity Management Services Agency (NEMSA) has directed Abuja Electricity Distribution Company (AEDC) to fix many faulty electrical lines and feeders within Abuja metropolis. A NEMSA team led by the Managing Director, Peter Ewesor and the Executive Director, Technical, Tukur Gidado […]

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Chevron Wins Global Health Leadership Award

Chevron said it has received a Corporate Global Health Leadership Award from Pangaea Global AIDS during a dinner to honour individuals and organizations that have made significant strides in saving lives and preventing new HIV infections around the world. General Manager of Chevron’s Global Health and Medical, Dr. Huma Abbasi, accepted the award in recognition […]

NCDMB To IOCs: Successful Nigerian Content Implementation Will Benefit All

By Obas Esiedesa,  Abuja   The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Denzil Kentebe, has said that achieving success in the implementation of Nigerian Content law is of great benefit to every stakeholder in the oil and gas industry including the international oil companies. Kentebe who spoke in Yenagoa, Bayelsa State during […]

Pre-paid Meters: EMMAN Seeks Emergency In Power Sector

By Phillip Oladunjoye / Lagos   The issue of non provision of pre-paid meters by the various electricity distribution companies is arguably one of the challenges facing the power sector and electricity consumers in the country. Electricity consumers have severally expressed their grievances over the estimated billing system favoured by the Distribution Companies (Discos) as against […]

IEA Says OPEC Oil Production For June Highest In Three Years

The International Energy Agency (IEA) has said that oil output from Iraq, Saudi Arabia and the United Arab Emirates has helped boost the Organization of Petroleum Exporting Countries’s (OPEC) oil production to a three-year high. The Paris-based IEA said in its market report for June that production from the 12-member Organization of Petroleum Exporting Countries […]