By Gail Tverberg The energy needs of the world’s economy seem to be easy to model. Energy consumption is measured in a variety of different ways including kilowatt-hours, barrels of oil equivalent, British thermal units, kilocalories and joules. Two types of energy are equivalent if they produce the same number of units of energy, right?…
Nigerians woke up on Wednesday, May 8, to a nationwide outage that cut off power from many homes and factories, leading to reduced load allocations to the distribution companies (DisCos). About 5:29 am the following day (Thursday, May 9, 2019), the grid collapsed again, compounding the nation’s energy challenge. Checks revealed that the country’s power…
The programme marks another level of Dangote Petroleum Refinery’s intervention as it is targeted at providing vocational skills to the teeming youth population About 200 youths from Ibeju-Lekki community in Lagos State have graduated from various skills acquisition programme organised by Dangote Petroleum Refinery as a way of transforming society and providing employment opportunities for…
Schneider Electric has unveiled new integrated energy solutions for the next generation across multiple market segments at the Innovation Day Lagos 2019 event held on the 10th of October 2019 at Lagos Continental Hotel, VI Lagos. In his opening remarks, the Managing Director Schneider Electric, Mr. Christophe Begat underscored the company’s interest in innovations for…
Inefficient ports have hampered the progress of what will be Africa’s largest oil refinery Aliko Dangote, who first announced his plans for a new oil refinery in Nigeria in late 2013, is battling against conditions at Nigeria’s ports to avoid further delays. Initially planned to start production in 2016, the refinery deadline slipped to the…
By Oke Peter Being a great leader is all about having a genuine willingness and a true commitment to lead others to achieve a common vision and goals through positive influence. —John C. Maxwell. For the leading Nigerian electricity distribution company, Ikeja Electric Plc, the will to win, the desire to succeed and the urge…
Government claims it’s owed money as price of crude has risen Justice minister says possible settlement isn’t ‘out of sight’ The Federal Government of Nigeria began preliminary talks with international oil companies to settle a dispute over revenue. The government, citing a 2018 Supreme Court ruling, says it’s entitled to $62 billion from the companies…
By Oke Peter The Nigerian National Petroleum Corporation (NNPC) on Friday said it has discovered hydrocarbon deposits (crude oil) in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. Recall that drilling of the Kolmani River II Well was flagged-off by President Muhammadu Buhari on…
After a fruitful year of community building, exciting member sign-ups, many learnings, great events and shared success, the Mauritius Africa FinTech Hub (MAFH) celebrated its first anniversary on October 3, 2019 at the Cerne Docks Warehouse, Port Louis. Since its launch, MAFH has engaged with multiple stakeholders in the FinTech industry, including financial institutions, Venture…
Kenya, Egypt, Ghana, Morocco, Niger, Nigeria and Sudan have already engaged with the International Atomic Energy Agency to assess their readiness to embark on a nuclear programme. Senior nuclear stakeholders from international and African companies and government agencies will gather at the 9th edition of Nuclear Business Platform, being held at the Mövenpick Nairobi Hotel…
