FG moves to curb crude oil theft

By Oke Peter The Federal Government has promised that by the end of this year, it will start conducting deoxyribonucleic acid fingerprinting of the country’s crude oil in order to identify theft and apprehend criminals. The Minister of Science and Technology, Dr. Ogbonnaya Onu, made this known during the inauguration of an ultra-modern Bio-Resources Laboratory…

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Power outage in Osogbo is for safety -IBEDC …To restore power in 4 weeks

By Oke Peter The management of Ibadan Electricity Distribution Company (IBEDC) has apologized to its esteemed customers, over current power outage being experienced by Iludun, Kasmo, Fiwasaye, Oluode/Kolawole, Owode/Igbona, Surulere/Oke Ayo/Sabo, Atelewo/Plantation, Arikalamu, Akintokun, Ifesowapo, Ife Olu, Asoje, Mosadoluwa, Isokan and Kelebe communities in Osogbo and Ikirun under the Oluode 11KV and Ipetu Ile 11KV…

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Explore Oil in Sokoto Basin, Tambuwal urges NNPC …As Baru assures of adequate fuel supply

By Oke Peter Sokoto State governor, Alhaji Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian National Petroleum Corporation (NNPC), to activate oil and gas exploration campaign in the Sokoto Inland Sedimentary Basin with a view to establishing the volume and value of hydrocarbon deposits there. Governor Tambuwal, who led a high powered…

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NNPC to fast-track local content development in oil industry …As Egina Projects set to add 200,000bpd to national production 

By Oke Peter The Nigerian National Petroleum Corporation (NNPC) will accelerate local capacity development in all its operations within the nation’s Oil and Gas industry.  NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this while delivering a keynote address during an occasion to mark the Egina Manifold Sail Away celebration in Port Harcourt recently.  In…

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Reaching every consumer with affordable energy by 2030 feasible -Rahul Kitchlu, World Bank Energy Specialist

Rahul Kitchlu is the Senior Energy Specialist at the World Bank. He is currently working on the energy portfolio in Ethiopia and co-author of the ‘Linking up: Public-Private Partnerships in Power Transmission in Africa’. In this interview with Energy Worth, he bares his mind on the recent World Bank report launched at the Africa Energy…

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AFC provides US$28 million subordinated loan facility to Tunisia’s Topic SA

By Oke Peter A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), is set to provide a US$28 million subordinated loan facility for the development of Topic SA’s (Topic) Halk El Menzel offshore oil concession block (The Helm Project) in Northern Tunisia. The Subordinated Loan Note has a 30-month tenor…

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