2020 – Page 13 – Energy Worth Online

We spent N64bn to resuscitate Kaduna refinery without success —NNPC boss •Says fuel consumption, smuggling gulp 54 million litres per day ‌

Energy Worth4 years ago4 years ago06 mins

By Oke Peter The Group Managing Director of theNigerian National Petroleum Corporation(NNPC), Mele Kyari has disclosed that Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol per day. Kyari said this at an interactive hearing on ‘Exiting petroleum subsidy: Ensuring self-sufficiency in domestic refining of petroleum products.” The event was…

World’s highest population without electricity resides in Nigeria —Report

Energy Worth4 years ago4 years ago07 mins

Nigeria now has the highest number of people lacking electricity access in the world, at a total of 85 million Nigerian citizens.

Sylva calls for keen sense of nationhood and patriotism as Nigeria consolidates its democracy

Energy Worth4 years ago4 years ago02 mins

By Oke Peter Honourable Minister of State for Petroleum Resources, Timipre Sylva, has commemorated with Nigerians on the Nation’s democracy day celebrations, describing it as a moment of deep national pride and introspection. In a statement signed by his Special Assistant on Media and Public Affairs, Julius Bokoru, on Friday, Sylva believes, as we all…

What it takes to get a marginal oil and gas field in Nigeria

Energy Worth4 years ago4 years ago09 mins

Nigeria’s marginal fields licensing rounds have been the cornerstone of Nigeria’s upstream local content development strategy since the early 2000s. Following its marginal fields licensing rounds in 2001 and 2013, the Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round. Under the 2020 licencing round, a total of 57 fields…

Meter price: 6.46 million unmetered customers to pay more —NERC

Energy Worth4 years ago4 years ago05 mins

Providing reasons for the increase in meter cost, the commission explained that the hike in foreign exchange rate by the Central Bank of Nigeria was a contributory factor.

Oil & Gas

We’ll encourage gas to power initiatives, support SMEs and job creation through our gas commercialisation —SEPLAT Chairman Orjiako

Energy Worth4 years ago4 years ago021 mins

The Chairman, Seplat Petroleum Development Company Plc, Dr. ABC Orjiako, recently spoke to journalists on the performance of the company, the oil and gas industry and other issues. Energy Worth Online brings the excerpts The year 2019 was an interesting year and 2020 has been characterised by so much uncertainties, what factors will drive the…

Privatisation of power sector and calls for reversal

Energy Worth4 years ago4 years ago132 mins

Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?

Court stops FG from auctioning 11 abandoned oilfields

Energy Worth4 years ago4 years ago04 mins

The companies whose licenses were revoked appealed the decision of the Nigerian Department of Petroleum Resources and the federal high court granted this week an injunction, preventing the government from auctioning off the 11 oilfields “pending the determination of the substantive suit.

LCCI decries neglect of solid mineral sector

Energy Worth4 years ago02 mins

It must be a cause for great concern for any reasonable Nigerian, especially now that crude oil is hovering between zero dollar and below cost price.

Resolving nuclear power generation during COVID-19

Energy Worth4 years ago4 years ago019 mins

Economic slowdown during the coronavirus quarantine led to decline in electricity consumption. Rosatom looks into the depth of this decline and its influence over the nuclear industry. The analysis covers countries with the largest number of operating nuclear power plants, namely, the United States, France, Russia and China, which are also among the most affected by the pandemic.

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Year: 2020

We spent N64bn to resuscitate Kaduna refinery without success —NNPC boss •Says fuel consumption, smuggling gulp 54 million litres per day ‌

World’s highest population without electricity resides in Nigeria —Report

Sylva calls for keen sense of nationhood and patriotism as Nigeria consolidates its democracy

What it takes to get a marginal oil and gas field in Nigeria

Meter price: 6.46 million unmetered customers to pay more —NERC

We’ll encourage gas to power initiatives, support SMEs and job creation through our gas commercialisation —SEPLAT Chairman Orjiako

Privatisation of power sector and calls for reversal

Court stops FG from auctioning 11 abandoned oilfields

LCCI decries neglect of solid mineral sector

Resolving nuclear power generation during COVID-19