By Energy Worth Eko Electricity Distribution Company (EEDC) says it working towards ending ‘crazy billing’ meted out to consumers on its network through a project aiming to improve the company’s estimated billing system. A statement from the firm on Thursday indicated that the process was ongoing and will reduce cases of outrageous billing. In the…
The Djermaya solar project, represented by its majority shareholder InfraCo Africa, recently signed a 25-year power purchase agreement with the Ministry of Energy and SNE, the national power utility company. This contract marks a key step in the development of the solar plant as it allows the project to obtain the necessary funds to finance…
By Energy Worth There are indications of possible blackout across the country soon, as electricity Generating Companies (GENCOs) have threatened to shut down their plants over what they described as frequency decay due to inefficient grid management and associated costs. In a document signed by Executive Secretary, Association of Power Generation Companies (APGC), Dr. Joy…
By Tsvetana Paraskova Despite an expected slowdown in Permian growth rates, the U.S. shale patch is increasing production and will continue to do so this year and next. Oil market investors and analysts are currently very much focused on the demand side, with concerns over the potential of trade wars to curb oil demand growth….
By Energy Worth The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said on Thursday that the split of the corporation into two entities if not properly communicated to the workers could generate some tension between the unions. Baru noted the Petroleum Industry Governance Bill, recently passed by the National…
