Energy

Energy

NNPC reports fire outbreak at Ibadan depot

Harrison Edeh Sep 11, 2019

The Nigerian National Petroleum Corporation (NNPC) on Wednesday in Abuja announced a minor fire incident involving some fuel trucks at...

Energy

OPEC fears glut in oil market, cuts forecast next year

Isaac Anyaogu Sep 11, 2019

The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast for oil demand for the remainder of this year...

Energy

FG advances learning through off-grid hybrid power plant at BUK

Stephen Onyekwelu Sep 11, 2019

Nigeria’s tertiary education sector received a boost recently as the Federal Government of Nigeria commissioned Africa’s largest off-grid solar hybrid power plant (7.1MW) at the BayeroUniversity, Kano.  STEPHEN ONYEKWELU writes...

Energy

Trafigura sees oil slide near $50 and why this could mean panic time for Nigeria

Anthony Nlebem Sep 11, 2019

Brent crude could slump toward a level it hasn’t seen since December 2018 prompting panic in oil dependent economies like...

Energy

‘How government, Siemens power deal will impact economy’

Olusola Bello Sep 11, 2019

Onyeche Tifase is the managing director and chief executive officer of Siemens Limited Nigeria, the company with which the Federal...

Energy

Oil price rebound may put Nigeria back to sleep

Stephen Onyekwelu Sep 10, 2019

Oil prices have increased in the last two days thanks to Saudi Arabia’s renewed commitment to output cuts. But such...

Energy

FG initiates move for Nigeria to access oil spill funds for polluted communities

Amaka Anagor-Ewuzie Sep 10, 2019

Worried by the inability of Nigeria to have access to global funds for cleaning polluted communities in the country, the...

Energy

Sylva confirms FG's plans to tackle crude oil theft, attract key investment

Harrison Edeh Sep 10, 2019

Timpreye Sylva,the Minister of state for Petroleum Resources has informed of the federal government plans to deliver Final Investment Decisions...

Energy

Calls for energy transition action rings World Energy Congress

BusinessDay Sep 10, 2019

  The International Renewable Energy Agency (IRENA) says renewable energy is driving a shift in the way the world generates,...

Energy

Sustainability is central focus of Energy Institute Nigeria conference

Isaac Anyaogu Sep 10, 2019

How to combat the dual challenge of meeting the demand and the supply side of energy on one hand, as...

Energy

Nigeria remain on fringes as offshore wind market approaches $225bn

Stephen Onyekwelu Sep 10, 2019

Nigeria’s renewable energy industry has made progress in harnessing the sunshine but still struggles to figure out how to make...

Energy

Only credible talent will get oil industry out of present challenges - Emielu

BusinessDay Sep 10, 2019

Emmanuel Emielu  is the co-founder and co-convener of the Africa Oil & Gas Talent Summit which started in 2015, focused...

Energy

Why Marginal fields account for just 6% of Nigeria’s crude production

Oladehinde Oladipo Sep 10, 2019

Despite huge potential, a report from Nigeria National Petroleum Corporation (NNPC) has revealed Nigeria’s marginal fields’ accounts for just six...

Energy

Axxela’s credit rating improves on better financial position – Agusto& Co

Isaac Anyaogu Sep 10, 2019

Nigerian ratings agency Agusto& Co has upgraded thecorporate credit ratings of oil and gas firm Axxela Limited from “Bbb” to...

Energy

Century Energy in $40m FPSO deal to develop oilfield

Stephen Onyekwelu Sep 10, 2019

Century Energy Services, a Nigerian oil and gas service company has struck a $40 million deal with Kuala Lumpur-based Bumi...