Twenty-two members of the academia from 12 Nigerian universities have begun research attachments at The Shell Petroleum Development Companies of Nigeria (SPDC), in several fields of study in the latest phase of the sabbatical and internship programme of the SPDC Joint Venture introduced in 1980. The number represents 13 per cent increase from the outgoing…
By Bennett OghifoThe all-electric Jaguar I-PACE has been awarded Norwegian Car of the Year 2019. Eight expert jurors voted for Jaguar’s first electric vehicle (EV) against eight other finalists, including the Volvo V60, Nissan Leaf and Ford Focus. The jury, which included a racing driver and industrial designer as well as automotive journalists, evaluated all…
Damilola Shittu – Abuja Executive Secretary of the Association of Power Generation Companies (APGC), Dr Joy Ogaji, on Tuesday, in Abuja said the investment made by operators, especially power generation firms, was under threat. This, she, said was due to a regulation introduced by the Nigerian Electricity Regulatory Commission (NERC) to favour electricity distribution companies…
By Jonathan Browning JPMorgan Chase & Co. acknowledged that Bear Stearns made millions of dollars of payments to a friend of the son of Libyan dictator Moammar Al Qaddafi around the time it raised $200 million for the country’s wealth fund. But the bank is refuting the Libyan Investment Authority’s central allegation in a London…
Greenlight Planet, a solar home energy company, said it has delivered clean energy to more than two million individuals in Nigeria, while focusing on rapid innovation of its product and distribution strategy. On a mission to power the underserved, Greenlight Planet began distributing its Sun KingTM solar home energy products in the country in 2011….
Oke Peter with Agency Report Nigeria’s Minister of State for Petroleum Resources, Mr Ibe Kachikwu, has said the Federal Government generated over $2 billion from the renewal of oil block licences. The former Group Managing Director the Nigerian National Petroleum Corporation (NNPC), said the funds will be used to implement the nation’s budget. “We have…
ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeast Stabroek Block. The Noble Tom Madden drillship is expected to…
Edo State Ggovernor, Godwin Obaseki yesterday inspected progress of work and equipment at the 55 Megawatts CCETC/Ossiomo Power plant facility in the state. The plant is located at Ologbo on Benin-Sapelr road axis of the state. Addressing reporters after the inspection, Obaseki said when the plant was completed, more electricity would be provided for distribution…
Oil and gas firms operating in the country flared a total of 215.9 billion standard cubic feet of natural gas in the first nine months of last year, amounting to a potential loss of N197 billion. The Punch has reported. Data obtained from the Nigerian National Petroleum Corporation (NNPC) showed that 31.68 billion scf of…
Oke Peter with Agency Report A Niger Delta militant group, known as the Koluama Seven Brothers, has blown up a crude oil pipeline owned by Conoil in Bayelsa State. The group launched the bomb attack on the pipeline located at Koluama community in the Southern Ijaw Local Government Area of the state late on Friday….
