You Are Browsing ‘Energy’ Category

The Deputy Director, Gas Monitoring and Regulation, Department of Petroleum Resources, Mr. Antigha Ekaluo, has said that Nigeria’s gas reserve life index stands at 79 years as of January 1 this year. Ekaluo, who disclosed this in a presentation at the 16th Annual General Meeting/Natural Gas Business Forum...

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,...

Chevron said it has received a Corporate Global Health Leadership Award from Pangaea Global AIDS during a dinner to honour individuals and organizations...

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...

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...

By Phillip Oladunjoye  /  Lagos   The CEO of Royal Dutch Shell, Ben van Beurden, and one of his senior executives have said that low oil prices might be on for some time unless energy producers cut production and the demand for fuel does not rebound. Van Beurden, who made this disclosure in an interview with Oil & Gas Technology, spoke of competing benefits...

Afren has said that it has requested the suspension of trading in its shares, as it was currently unable to accurately assess its financial position. The company suggested that the outcome of an ongoing review of its business plan was shrouded in uncertainty but said that its expected near-term production was likely to be “materially lower” than figures announced alongside...

Shell has said that it has been chosen by BMW AG as its only recommended global supplier for aftermarket engine oils for some of its brands. The brands...

By Phillip Oladunjoye  -  Lagos   Erin Energy Corporation has said that it is poised to commence the lifting of oil from its Oyo-7 and Oyo-8 wells...

Following three months of consecutive indebtedness by Electricity Distribution Companies, the Nigerian Bulk Electricity Trading Limited (NBET) has indicated...