Petroleum marketers on Thursday called on the Nigerian National Petroleum Corporation (NNPC), to address the loading challenge at the Ejigbo depot to avert fuel scarcity in Lagos and environs. The Chairman, Petroleum Tankers Driver, Ejigbo Branch, Alhaji Akanni Moruf, said that truck drivers
Energy
The Senior Staff Association of Electricity and Allied Companies (SSAEAC), on Sunday declared a trade dispute with the Transition Company of Nigeria (TCN), management over alleged anti-workers practices. SSAEAC said at its National Executive Council meeting in Lagos that the management of TCN contravened some labour rules and failed to honour several meeting arrangements
The Minister of State for Petroleum Resources, Mr Ibe Kachikwu, said the Oil and Gas sector in Nigeria had witnessed positive transformation since the “Declaration of Cooperation” by OPEC and non-OPEC members. Kachikwu said this in an interview with journalists on the sideline of the 7th OPEC International Seminar taking place in Vienna, Austria, with […]
Novak said that if a decision were taken this week to raise output, OPEC and its allies could meet again in September to review the impact and fine-tune production policy. The energy ministers of Kuwait, Angola and the United Arab Emirates declined to comment on Tuesday when arriving in Vienna, where the 14-member OPEC is […]
The Port Harcourt Electricity Distribution Company (PHED), has blamed the persisting blackout in Akwa Ibom, Bayelsa, Cross River and Rivers on ruptured of gas-bearing pipelines to power stations in the states. Manager of Corporate Communications of the company, Mr John Onyi, made this known in a statement on Tuesday in Port Harcourt. He, however, assured […]
A Russian Nuclear Energy expert says that the construction of a proposed Nuclear Power Plant (NPP), in Nigeria is capable of delivering stable and affordable electricity in the country. The Chief Executive Officer, Central and Southern Africa, Nuclear Energy Corporation (ROSATOM), Dmitry Shornikov, said this in an interview text emailed to the News Agency of […]
Transmission Company of Nigeria (TCN) has that said gas supply to generating stations has been restored after the Nigeria National Petroleum Corporation (NNPC) repaired a ruptured pipeline. Mrs Ndidi Mbah, General Manager, Public Affairs of TCN, in a statement made available on Tuesday said within 24 hours, power supply would be restored to normal. The […]
A non governmental organization, the Socio-Economic Rights and Accountability Project (SERAP) has dragged the Minister of Power, Works and Housing Mr Babatunde Fashola SAN to a Federal High Court, Ikoyi, Lagos Obegolu the propriety of spending in power sector. SERAP is asking for an order declaring that the failure of the respondent to furnish the […]
…says TCN is ignorant of market Electricity Generation Companies (GenCos) on Sunday provided clarifications on the allegation by the Transmission Company of Nigeria (TCN) that GenCos falsify their capacity declarations for financial claims. In a press statement signed by Ndidi Mbah, media officer of Association of Power Generation Companies (APGC), the umbrella body
Nigerian National Petroleum Corporation (NNPC), and the Nigerian Ports Authority (NPA) have expressed readiness to ensure seamless reception of petroleum products into the various ports across the country. The commitment was made during the visit of the Managing Director of the Nigerian Ports Authority (NPA), Hajia Hadiza Bala Usman, to the Group Managing Director of […]
As part of efforts to ramp power supply in the country, the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partner, Nigeria Agip Oil Company Limited (NAOC), have pledged their commitment to implement the Okpai Phase 2 Project to shore up the current power generation with 500 megawatts of power. In a press statement […]
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Monday gave clarification to “Nigeria currently incurs over N1.4 trillion till date as under-recovery or losses on the importation and sale of petrol”. The Director of Press and Public Relations in the Ministry of Petroleum Resources, Idang Alibi, in a statement made available on […]
Saudi Arabia and Japan’s SoftBank will partner to develop a massive, multi-billion-dollar solar project in the kingdom that could generate 200 gigawatts(200,000 megawatts) by 2030, SoftBank said Wednesday. The deal was signed on the sidelines of a US visit by Saudi Crown Prince Mohammed bin Salman, who has undertaken a whirlwind of economic and social […]
The Enugu Electricity Distribution Company (EEDC) has passionately appealed to its customers to adhere strictly to safety rules and avoid all unsafe acts with electrical installations and wires. The Head, Communications of EEDC, Mr. Emeka Ezeh, made the appeal while speaking with newsmen in Enugu on Monday. Ezeh attributed most of the electrical mishap to […]
The Department of Petroleum Resources (DRP) on Monday said that about 39 erring filing stations was sanctioned in February for various offenses ranging from under dispensing, hoarding and selling above pump price. Mr Wole Akinyosoye, the DPR Zonal Operations Controller, Lagos office said in a statement made available to newsmen in Lagos that agency would […]
Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), says Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world. Baru, who spoke through NNPC’s Chief Operating Officer (COO), Upstream, Alhaji
The Jos Electricity Distribution Company (JED), is to leverage on the ever growing information technology to best boost electricity supply to its franchise states of Plateau, Bauchi, Gombe and Benue States. Speaking at a one-day workshop, an expatriate and consultancy company known as ‘Triple Seventh’ posited that electricity utility are realizing the benefits
Nigeria’s oil exports are expected to rise to 1.854 million barrels per day (bpd) in April, loading plans showed on Wednesday. The loadings, monitored by Reuters, compared with an initial plan of 1.694 million bpd in March, a slightly longer month, and would mark the higher bpd export total from Nigeria this year. The country will […]
As the threat to global demand for oil gradually dwindles, Nigeria has been advised to increase its investments in renewable energy. This was the submission of the Chairman, Society of Petroleum Engineers (SPE), Nigeria Council, Mr Chikezie Nwosu, at the pre-event press briefing of the SPE Annual Oloibiri Lecture series in Lagos yesterday with the […]
Some students of Government College (Day Wing – Senior), Funtua, Katsina State are being celebrated after they innovated a solar thermal collector system. The students, five of them, namely, Zaharaddini Suleiman, Ahmad Saidu, Mustapha Kabiru, Shuaibu Yusuf and Suleiman Yusuf, carried out the innovation under the supervision of their school’s Jet Patron, Malam Yazid Ahmad