By Oke Peter Power experts, stakeholders will share success stories, case studies as well as practical solutions that will have immediate impact on the performance of utilities and large power users, renewables, mini grids and Gas-to-Power in Nigeria, at the upcoming 15th edition of Future Energy Nigeria. The event will hold between November 13 and…
By Oke Peter The Nigerian National Petroleum Corporation (NNPC), its subsidiary, Nigerian Petroleum Development Company (NPDC), and companies in the oil and gas sector are yet to remit $22.06 billion and N481.75 billion into the Federation Account, the Nigeria Extractive Industries Transparency Initiative (NEITI) declared on Monday. NEITI made the disclosure at a remediation conference…
The United Kingdom’s Serious Fraud Office, on Monday, said two former top executives of a collapsed oil company, Afren Plc, were sentenced to up to six years in prison after they were found guilty of fraud and money laundering offences over a $300m business deals in Nigeria. Afren, an oil and gas exploration and production…
The Nigerian Navy said its men have begun an investigation and search and rescue operation for the 11 crew of MV Pomerania Sky, a container ship. The men were kidnapped in the attack by pirates, operating off-Lagos. A Navy spokesman said an update would be provided soon. Pirates boarded the container ship off the coast…
By Irina Slav Iraq should be exempted from United States sanctions against Iran because of the heavy reliance of the former on the latter for gas and electricity supplies, a senior Iraqi official told a Kuwaiti newspaper, as quoted by news agency Mehr. “Iraq is connected to Iran given the longest common borders, high trade…
