Energy News

UK Based Screenwriter Launches First African Comedy Series On Renewable Energy

Ihesiulo Grace 29 January 2021 0

A UK based screenwriter, Vanessa Awong Eya’a, has launched a comedy series on renewable energy in Africa. The series titled, ‘Virtual Colleagues’, showcases the need to electrify Africa for the continent’s development. The series made its debut with its first episode in December 2020 with over

Energy News

OPEC cites vaccine as most important factor for oil in 2021

Ihesiulo Grace 6 January 2021 0

Doosuur Iwambe, Abuja Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy and Chairman of the OPEC and non-OPEC Ministerial Meeting has cited the discovery and administration of Covid-19 vaccine as the most important factor for oil in 2021. The chairman extol the collaborative effort put together by OPEC+ countries in cutting back oil […]

Energy News

Ogoni cleanup: Endless wait for restoration, justice

Ihesiulo Grace 13 August 2020 0

By Amaka Agbu, Port Harcourt When the United Nations Environment Programme (UNEP) released its report on the environmental devastation of Ogoni land following the oil exploitation and exploration activities of multi-national companies operating in the area, Nigeria and indeed the people of Ogoni heaved a sigh of relief. Hope was raised for a people who […]

Business Energy News

NNPC records 43 percent drop in oil pipeline

Ihesiulo Grace 5 August 2020 0

The Nigerian National Petroleum Corporation (NNPC) has stated that the vandalism of its pipelines across the country has drop by 43 percent in May 2020, our correspondent, Doosuur Iwambe reports. This information is part of the monthly financial and operations report, which was released on Wednesday, August 5, 2020 in Abuja. According to the General […]

Energy Featured

Estimated billing system in power sector ‘remains a no, no,’ -Gbajabiamila

Ihesiulo Grace 9 June 2020 0

Abuja – The Speaker of the House of Representatives, Femi Gbajabiamila says estimated billing system in the power sector “remains a no, no,” and whatever needs to be done to address the issue must be carried out. He said this on Tuesday in Abuja, while inaugurating the House Ad hoc Committee on Power Sector Reforms, chaired […]

Energy Featured

Nigeria lost $2.75bn to vandals, thieves – P-PESPI

Ihesiulo Grace 5 January 2020 0

A group known as Partner For Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals to vandalise and steal the nation’s oil assets. In a statement issued on Sunday by Charles Ibiang, Chairman of the group, P-PESPI stressed that the intervention had become more […]

Energy

Oil rises as OPEC weighs deeper output cuts

Ihesiulo Grace 5 December 2019 0

London – Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent a glut next year. Sources told Reuters that OPEC was seeking to increase production cuts by the group and its allies by Russia […]

Energy

DPR seals NNPC filling station in Uyo

Ihesiulo Grace 5 December 2019 0

The Department of Petroleum Resources (DPR), Eket Field Office, has sealed the Nigerian National Petroleum Corporation (NNPC) filling station in Uyo for discharging petroleum products while selling the products to motorists. The Operations Controller of DPR in Akwa Ibom, Mr Tamunoiminabo Kinsgley-Sundaye, disclosed to this Journalists while on routine surveillance in Uyo

Energy Featured

Russia kicks as OPEC set for deeper oil cuts

Ihesiulo Grace 4 December 2019 0

Vienna – OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year. The Organisation of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna followed […]

Business Energy

FG to unveil beneficial ownership register in oil, gas sector soon

Ihesiulo Grace 27 November 2019 0

Abuja – Mr Waziri Adio, the Executive Secretary Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal Government will soon unveil the beneficial ownership register for the oil and gas industry. Adio, who disclosed this to newsmen in Abuja on Tuesday said the register would be unveiled on Dec. 12. The beneficial ownership register is […]

Energy

Lagos, Power Holding Company to scale up electricity supply

Ihesiulo Grace 1 November 2019 0

Lagos – Lagos State Government says it will partner with Niger Delta Power Holding Company to increase electricity supply in the state. Gov. Babajide Sanwo-Olu said this on Friday when officials of Niger Delta Power Holding Company paid him a visit at Lagos House, Ikeja. Sanwo-Olu said that the collaboration was necessary in view of […]

Business Education Energy Health Power & Energy Wellbeing

Key into bioenergy development to safeguard health, environment – Don

Ihesiulo Grace 18 October 2019 0

A university don, Prof. Makwin Makut, has called on the Federal Government to key into the development of bioenergy to safeguard the health of Nigerians and the environment for the overall development of the country. Makut, a Professor of Applied and Environmental Microbiology, Nasarawa State University Keffi (NSUK), made the appeal on Wednesday during the […]

Business Energy Power & Energy

Jigawa Govt. to site mega solar power project in Kazaure Emirate

Ihesiulo Grace 16 October 2019 0

The Deputy Governor of Jigawa, Malam Umar Namadi, said on Tuesday that the state government had concluded plans to set up a mega solar power project in Daurawa, Gwiwa Local Government Area of the state. The deputy governor who paid advocacy visit to the Emir of Kazaure, Alhaji Najib Adamu at his palace in Kazaure, […]

Business Energy News Power & Energy

Renewable energy capable of improving Nigeria’s economy – Experts

Ihesiulo Grace 15 October 2019 0

Some stakeholders in the power sector have said that the country’s economy will be better improved if Nigerians harness the potentials in renewable energy. They mentioned this on the sideline of a free solar installation training workshop held on Saturday in Ibadan. The training programme was organised by Techfine and Nexgen Energy partners for no […]

Energy

GenCos releases 3,280 MWH of electricity to national grid

Ihesiulo Grace 5 October 2019 0

Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,280 megawatts/hour of electricity into the national grid on Thursday. I want to be remembered for transforming education, says Obaseki This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy […]

Business Energy

Fashola calls for more local investments in gas business

Ihesiulo Grace 5 July 2019 0

Michael Ajayi Former Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday, called for increased local investments in the gas business to realise its potential benefits to Nigeria. Fashola made the call at the inauguration of an indigenous gas company, GASCO Marine Limited, located at Onijanganjangan community in Abeokuta-North Council Area of Ogun. […]

Business Energy Oil & Gas Power & Energy

Oil market stability: Nigeria restates support for extension of oil production cut

Ihesiulo Grace 2 July 2019 0

Micheal Ajayi Nigeria has confirmed the validity of his stand on the nine-month extension in the oil production cut under the “Declaration of Cooperation’’ which seeks to improve global oil market stability among OPEC members. This was made known on Monday by the Head of the Nigerian Delegation to the 176th Meeting of OPEC, Dr […]

Business Energy Power & Energy

Nigerian renewable energy solutions provider, Arnergy closes Series A financing

Ihesiulo Grace 28 June 2019 0

…New capital will fuel commercial growth towards providing energy reliability to customers Michael Ajayi Nigerian distributed utility company, Arnergy, on Thursday, announced that it has raised $9 million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI

Energy

TCN in-house engineers take over sub-stations construction, transformers repairs, installation from contractors

Ihesiulo Grace 7 March 2019 0

The Transmission Company of Nigeria (TCN), says its in-house engineers have taken over construction of sub-stations, repairs and installations of new transformers across the country. The Managing Director of TCN, Mr Usman-Gur Mohammed, disclosed this in an interview with  Newsmen in Abuja. Mohammed said the projects were being executed with 10 per cent of the […]

Energy

Electricity supply in FCT: TCN accuses AEDC of  load rejection

Ihesiulo Grace 5 March 2019 0

The Transmission Company of Nigeria (TCN), has accused Abuja Electricity Distribution Company (AEDC) of rejecting about 40 per cent of electricity wheeled to the company at TCN’s substations in the Federal Capital Territory (FCT). TCN’s General Manager, Transmission Services, Mr Sulaiman Mahmud made the accusation in an interview with journalists on Monday in Abuja. Mahmud