Stakeholders in the oil and gas, and investment sectors have said growing socio-economic uncertainties and political instability could further quash inflow of investment into the country. The experts, who reacted to the declining level of investment into Nigeria’s oil and gas sector, are worried that the country is fast losing its competitiveness to other countries…
Energy Worth with Agency Report NO fewer than 170 public transport drivers have benefited from medical consultation and screening organised by Shell Nigeria Gas (SNG) as part of the activities marking the 20th anniversary of the gas distribution company. The one-day programme, which held in Ota, headquarters of Ado Odo/Ota Local Government area of Ogun…
THE Ondo State Council of Traditional Rulers, yesterday, kicked against the renewal of operating licence of the Benin Electricity Distribution Company, BEDC, by the Federal Government. They described the activities and services of the BEDC in the state as “antithetical to the purpose it was established” even as it called on the Federal Government to…
The forthcoming third edition of the Nigeria Mining Week (NMW) organised by the Miners Association of Nigeria (MAN) in partnership with Spintelligent, PwC Nigeria and the Ministry of Mines and Steel Development, has received strong support from leading market leaders, such as 3M Geo Resources, BARRON, AG Vision, Kian Smith Trade and Co, Meridian Drilling,…
Top voltage Stabiliser and automatic voltage regulator, AVR manufacturers are attracting additional market share as a result of the growing demand for stabilisers or regulators to protect equipment or machine occasioned by unstable power supply in the country, Vanguard has reported. A voltage stabiliser is a device designed to deliver a constant voltage at its…
To the Peoples Democratic Party (PDP), the Nigerian National Petroleum Corporation (NNPC) is economical with the truth on remittances into the Federation Account. But, the All Progressives Congress (APC) says PDP is crying wolf where there is none, describing the claim as bogus. In its response titled: “PDP allegations on NNPC operations: The facts”, the…
By Energy Worth Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Tuesday, refuted insinuations of plans by the Federal Government to sell the Nigerian Liquefied Natural Gas Limited, NLNG. He said that there was no such plan at the moment. The minister made this known at the opening of a 3-day investigative hearing…
The Nigerian National Petroleum Corporation (NNPC) will establish two condensate refineries with a total refining capacity of 200,000 barrels per day at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo State respectively. Natural-gas condensate is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the…
Here is a confession that should make crude oil producers and oil investors worried. The chief executive of French oil and gas giant Total said on Monday that he and his wife drive an electric car. “It’s a 100 percent e-car. It’s a nice Renault electric car. And I’m driving it every weekend. It’s my…
Kainji and Jebba hydropower Generation Companies (GenCos), operated by Mainstream Energy Solutions Limited (MESL), have delivered an uninterrupted 24 hour electricity supply to seven firms labelled as ‘Eligible Customers’ with a cumulative 1,162.9 Megawatt Hour (MWH) energy capacity. A daily operational report for energy delivery obtained from the Independent System Operation (ISO) arm of the…
