The Managing Director for Africa, Eaton, a power management company. Mr. Seydou Kane, in this interview with ’FEMI ASU, says the adoption of microgrids can help bridge the huge electricity gap in Nigeria. Excerpt What are your thoughts on the Nigerian power sector? South Africa, with a population of about 55 million habitants, has…
Helen Reid – London Formerly skeptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices. Oil stocks could begin to close that gap if results live up to lofty expectations, with…
To realize regular electricity supply in Nigeria, the need for the Federal Government to adopt the Egypt model of power generation has been emphasized. Egypt is currently building a gas-fired power station, regarded as the largest in the world. When fully completed, the plants are expected to supply enough electricity for 45 million people and…
By Energy Worth The World Bank says it has made available a grant of $250,000 to support the Port Harcourt Electricity Distribution Company (PHEDC), in her ongoing energy efficiency programme. This was disclosed by the leader of the World Bank delegation to PHEDC, Mr. Jinping Zhao, during a visit to the Disco’s corporate headquarters in…
By Energy Worth The management of Kano Electricity Distribution Company (KEDCO) has said that it loses N180m every month due to activities of vandals. The Managing Director of the company, Alhaji Jamilu Isyaku Gwamna made the disclosure on Friday at an engagement meeting with Traditional and Religious in Kano state. Gwamna explained that the company…
Electricity Consumers in the South-East, Thursday, tasked electricity Distribution Companies (DISCOs) to strive to install pre-paid meters for all customers. They said this would help in checkmating claims of over-billing and estimated billing that was causing disagreements. The consumers said this in Enugu during a forum of the House of Representative Ad-Hoc Committee to Curb…
CNOOC Limited on Friday announced its key operational statistics for the first quarter of 2018. The Company achieved total net production of 120.1 million barrels of oil equivalent (“BOE”) for the first quarter of 2018, representing an increase of 0.8% year over year (“YoY”). Production from offshore China decreased 1.2% YoY to 77.5 million BOE,…
