One of the world’s largest turbine manufacturers, Siemens, said it plans to temporarily shut its Power and Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as…
The flagship mining conference and expo in West Africa, Nigeria Mining Week, will return to Abuja from 15-17 October following its tremendous success last year. Accordingly, the Nigeria Mining Week will offer a one-stop-shop to engage directly with policy makers, financiers and mining investors as well as the opportunity to gain the most current information…
By Energy Worth Nigeria’s Minister of Power, Works and Housing, Mr Babatunde Fashola has disclosed that the expected addition of 459MW of electricity to the national grid from the Azura Power Project will only complicate the country’s current challenge with stranded power. Stranded power is generated power that cannot be distributed. “Azura would start commercial…
By Energy Worth The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, has said that Tellco Europe Nigeria off-grid solar power solutions will create thousands of jobs as Micro, Small and Medium Enterprises (MSMEs) will have access to clean energy to conduct business in the country. The Minister, who spoke through Dr….
President of the Senate, Dr. Abubakar Bukola Saraki, on Tuesday, urged the International Oil Companies and Oil Producers Trade Section (IOC/OPTS) operating in the country not to induce lawmakers during the consideration of other sections of the Petroleum Industry Bill. The News Agency of Nigeria (NAN) has reported. The Fiscal and Host Communities Bills, a…
