The Nigerian Association for Energy Economics (NAEE) has called for more clarification on the 30% NNPC Limited transfer of oil and gas profit to frontier exploration in the just-passed Petroleum Industry Bill (PIB). This was charge was made known by…
By Uthman Salami The international Energy Agency (IEA) has revealed that over seven hundred seventy million Africans have no access to electricity. In this population of Africans without access to electricity, Nigeria accounts for about 10 per cent. According to…
Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said. Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this known…
By Uthman Salami The Nigerian Bulk Electricity Trading (NBET) Plc has said the federal government is aggressively introducing liquidity and stability back into the Nigerian moribund power sector. The company said various initiatives and interventions as contained in the Power…
Sirius Petroleum, the Africa focused oil & gas production and development company, has signed a Memorandum of Understanding (‘MOU’) with Baker Hughes. The MOU appoints Baker Hughes as the approved services provider to Phase 1 of the approved work programme…
By Gloria Akudoro, Abuja The Nigerian National Petroleum Corporation (NNPC) has said that the Port Harcourt Refinery, currently undergoing a $1.5 billion rehabilitation spree, will start delivery of refined products by September 2022. This followed the official signing of contract…
By Gloria Akudoro The Enugu Electricity Distribution Company (EEDC) has begun the distribution of meter to the electricity users of Umuahia metropolis, Abia State, bringing to an end the unscrupulous power billing every month. The reports from Niger Delta Connect…
Gloria Akudoro, Abuja The Minister of State, Petroleum Resources, Mr. Timipre Sylva, said the federal government has lost revenue in taxes, royalties and other payments on the Atala oilfield located in Bayelsa including 10 others revoked in April 2020. The…
Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years. Prior…
The Nigerian Electricity Regulatory Commission (NERC) has unveiled 99 metering service providers for the Nigerian Electricity Supply Industry (NESI). The Commission explained that some of the licenses of the providers were new while it renewed some expired ones. This notice…
