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…
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…
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.
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…
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?
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.
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.
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.
Former governor of Bayelsa State and Minister of State for Petroleum Resources, Timipre Sylva, has sent his warmest felicitations to the Nigerian Muslim Ummah on the occasion of this year’s Eid El-Fitri celebrations. In a statement released to journalists, in Abuja, by his Special Assistant on Media and Public Affairs, Julius Bokoru, Sylva wrote that…
Enel Green Power North America has begun operating a 50 MW expansion to the High Lonesome wind farm in Texas, increasing the project’s total capacity to 500 MW -The 105 MW Riverview and 29.4 MW Castle Rock Ridge II wind farms in Alberta, Canada are connected and delivering energy to the power grid -The High Lonesome expansion brings the project’s overall investment to 720 million US dollars, while the total investment for both Canadian projects amounts to over 210 million Canadian dollars.
