The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote on Thursday, in Lagos performed the re-christening of ‘ADABA’, a dynamic positioning system vessel owned by NigerStar7, valued at $10 million. NigerStar7 ADABA will be flying the Nigerian National Flag, rated as DP2 and is equipped with Kongsberg DP system….
By Oke Peter The Minister of Mines and Steel Development, Honourable Abubakar Bawa Bwari said his Ministry has consistently been a critical player in advancing the alternative supply of energy for the country. He made this statement today during the Nigeria Mining and Geoscience Society (NMGS), and the Nigerian Geological Survey Agency (NGSA), 2018 NMGS-NGSA…
There appears to be no end in sight to the lingering crisis between the Federal Government and the electricity distributors who bought some of the assets of the successive companies of the defunct Power Holding Companies of Nigeria (PHCN) The parties in crisis are embroiled in the propriety and legality to comment on the issues…
Damilola Shittu – Abuja The Nigerian National Petroleum Corporation (NNPC) has vowed that none of its funds in a commercial bank will be subjected to the payment of five per cent to any whistle-blower. Hinting at a possible move by a whistle-blower to claim five per cent of funds allegedly stashed and recovered from secret…
The Management of the Nigerian National Petroleum Corporation (NNPC) on Friday said it does not run any opaque account with the commercial banks and there was neither $470.5m or N8billion of its money hidden anywhere. The state oil company was reacting that a sensational report by the Inspector General of Police, Ibrahim Idris that its…
Total has finalized the acquisition of G2mobility, a French leading provider of electric vehicle charging solutions. With this deal, Total is accelerating the growth of its electric vehicle charging businesses, from designing smart charging stations to optimizing energy usage management and selling integrated services. A pioneer in the sector since 2009, G2mobility has developed and…
The Nigerian Police Force announced today that it was able to trace $470.5million belonging to the Nigerian National Petoleum Corporation (NNPC) Brass LNG squirrelled away in some accounts in some commercial banks in Nigeria. The News Agency of Nigeria (NAN) has reported. Even more stunning, the police also said they traced another N8,807,264,834.96, belonging to…
Speaking at the International Atomic Energy conference in Vienna, Austria, Simon Giu D’Ujanga, Uganda’s State minister for energy said the east African country is prepared to start the development of nuclear energy. According to the Monitor, D’Ujanga said the east African country has a strong case for the development of nuclear power as the demand…
By Energy Worth Eko Electricity Distribution Company (EKEDC) says its on-going power project expansion will up supply to residents of Oniru, Maroko and Lekki environs within its network. The 20 megawatts project, the General Manager, Communications, EKEDC , Godwin Idemudia, said, will be completed within a mouth as part of the company’s aggressive approach to…
By Nick Cunningham It’s about that time again. WTI hits $70 per barrel and the tweet-rage is back. We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly must…
