Nigeria’s power generation almost 4000MW in Q1 2017 – NBS

The National Bureau of Statistics (NBS), has said Nigeria's power generation increased in the first quarter (Q1) of 2017.According to data obtained from Nigeria...

OPEC projects World oil demand to rise

The Organisation of Petroleum Exporting Countries (OPEC) has said demand for oil around the world is expected to rise.OPEC said this in the April...

Billing controversies may delay metering of consumers

The controversies surrounding estimated billing may delay metering of consumers who are yet to be metered.Report says that uncertainties still surrounds government’s implementation of...

Mobil, NIPCO settle N90bn deal, name changes to 11Plc

Following a successful N90 billion acquisition deal between Mobil Oil Nigeria (MON) and NIPCO Plc, the Group Managing Director Of NIPCO Plc, Mr. Venkataraman...

Ughelli power plant capacity hits 620MW

Minister of Power, Works and Housing, Babatunde Fashola and the Governor of Delta State, Ifeanyi Okowa have commissioned a 115MW-turbine installed by Transorp Ughelli...

Nipco constructs new 5,000MT LPG storage facility

The Nigerian Independent Petroleum Company (NIPCO) has embarked on the construction of a 5,000-metric tonne (MT) Liquefied Petroleum Gas (LPG) storage facility to ameliorate...

Oil cut deal: Like Nigeria, Russia braces for the worse

The Organization of Petroleum Exporting Countries, OPEC and some non-OPEC countries met last weekend for a review of their production cuts, the central bank...

… As SNEPCo undertakes turnaround maintenance at Bonga

Shell Nigeria Exploration and Production Company (SNEPCo) has commenced turnaround maintenance at Bonga, executing statutory activities that will ensure continuous optimum operations at the...

Shell International accuses Shell Nigeria of hiding data on spill hazards in N/Delta

A new health report by a German geologist contracted by the Dutch-British multinational, Shell, said its Nigeria subsidiary "fiercely opposed" environmental testing and is...

AFD Group secures €24 million for African Renewable Energy scale-up

In order to meet Africa's constantly increasing energy requirements, support must be provided for mass development of the renewable energy technologies - especially solar...

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