By Energy Worth The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has ordered the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru; the Director, Department of Petroleum Resources (DPR), Modecai Ladan; and Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Saidu Abdulkadir, to provide the information being sought by a human…
Leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) seized the occasion of the 2018 May Day celebration to assess the administration of President Muhammadu Buhari, scoring him low on key economic indices, particularly on job creation, industrialisation, power supply among others. In buttressing their point about the dismal performance of…
By Energy Worth In its efforts towards increasing power supply in Aba, the Abia State government, is set to partner Geometric, Ruyi Holding Group to provide an enabling environment that would support commerce to thrive. Consequently, the state government has opened talks with two firms, Geometric Power Limited, the promoters of the independent power plant in…
The Group Managing Director of the Nigeria’s National Petroleum Corporation (NNPC), Dr. Maikanti Baru said Nigeria’s participation at the annual Offshore Technology Conference (OTC) in Houston, Texas, United States of America, had grown from mere jamboree-like activity in the 1990’s to a fully-fledged engagement where indigenous oil services companies parade their competencies and proven job…
Energy Worth with Agency Report The African Development Bank, (AfDB), on Wednesday, says that no fewer than 650 million Africans currently live without electricity. AfDB Director, Communication and Media Relations, Dr Victor Oladokun, disclosed this while welcoming African Journalists on a Media Tour to Saemaul Undong Model village project, in Yamoussoukro, Cote d’Ivoire. “About 650…
By Energy Worth Residents of Idiaregbe Street in Okumagba Layout, Warri Delta State, on Wednesday protested over four months power outage in their area. The residents, particularly youths who came out their hundreds danced through the adjoining streets to Idiaregbe, chanting solidarity songs. The angry protesters carried placards with various inscriptions. Speaking on behalf of…
The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s different this time, according to Royal Dutch Shell Plc. Deepwater projects need to break even at $40/bbl, or preferably lower, said Harry Brekelmans, Shell’s project and technology director, in an interview…
The Managing Director of Champion Breweries, Uyo, Akwa Ibom State, Mr. Patrick Ejidoh, has said that not less than N1 billion is being spent by the company annually on diesel to provide electricity for its operations. He said that surviving manufacturing companies in the country also spend much on power while this not only impacts…
Yetunde Fadeyi is the founder, Renewable Energy and Environmental Sustainability (REES) Africa. A graduate of the University of Ibadan and entrepreneur. In this interview with Oke Peter, she bares her mind on the activities of her organisation. Excerpts Can you briefly introduce yourself and explain the idea behind REES Africa? My name is Yetunde…
Energy Worth with Agency Report There are strong indications that a new metering policy of the federal government, known as Meter Asset Providers (MAP) regulation, aimed at achieving full metering of electricity consumption in the country within three years, may suffer serious setback as a result of mounting liquidity crisis in the nation’s power sector,…
