Energy

OPEC announces increase in oil production

By Bayonle The amount of crude oil produced in last Month, Febuary was around 150,000 per barrel which  was higher than the one of January according to a research. According to the report, OPEC produced 28.97 million barrel per day…

AEDC urges consumers to pay N1.2bn debt for February

Abuja Electricity Distribution Company (AEDC) has appealed to consumers to settle their over N1.27 billion debt for February if they must continue to enjoy uninterrupted power supply in March. The company’s Marketing Manager ,Mr Jasini Mamza made this known on…

Shell, Hapag-Lloyd seal LNG deal

German liner major. Hapag-Lloyd has signed a multi-year agreement for the supply of Liquefied Natural Gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel container vessels currently under construction at the South…

Power: W/Bank deploys 100 solar grids in Nigeria

The World Bank has announced the deployment of 100 solar-powered mini-grids in Nigeria under its National Electrification Project, stating that its market-driven approach has expedited the process. The Bank revealed this in a press statement yesterday, that powering 380 million…

China advances energy-saving, low-carbon development

China reduced energy consumption and carbon dioxide (CO2) emissions in 2022 amid efforts to promote high-quality and green development, according to an official statistical communique published on Tuesday. Last year, the country’s energy consumption per 10,000 yuan (about 1,438.46 U.S.…

BEDC employs over 500 workers in five  months

The Benin Electricity Distribution Company PLC (BEDC) says it employed 500 staff, mostly youths, across its franchise states of Edo, Delta, Ondo and Ekiti in the last five months. This is contained in a statement signed by the Head, Human…