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Monthly Archives: March, 2016

FUEL SCARCITY: Black market booms as petrol sells for N180 per litre

As petrol scarcity bites harder across the country, hawkers of the product, popularly called black marketers, are recording a boom in business. Investigations revealed...

Sierra Leone Takes Steps to Implement Freetown Solar Park

The government of Sierra Leone announced that a number of critical steps toward the implementation of the 6-MW Solar Park Freetown Project have been...

Nigeria’s BOI Funding Mini-Grid Solar Project

Nigeria saw the unveiling of a solar project in the Onono-Anam community in the Anambra state funded by Nigeria’s Bank of Industry (BOI). The...

Crystal Lagoons Develops Technologies to Produce Water without Using Energy

Global water shortage affects one billion people worldwide; new technology aims to help solve humanity's biggest problem using wasted thermo-electric power plant energy equivalent...

Meters Manufacturers Accuse Discos Of Neglect

The Electricity Meters Manufacturing Association of Nigeria (EMMAN) has said the reason the electricity distribution companies (DISCos) do not patronise them is that they...

Fashola Secures Release of 300,000 Legally Encumbered PHCN Meters

Nigeria’s Minister of Power, Works and Housing, Mr. Babatunde Fashola, has disclosed that he has secured the release of about 300,000 electricity meters which...

Nigeria: NNPC spends N103.4bn annually to protect oil pipelines

It may be virtually impossible for the Nigerian National Petroleum Corporation, NNPC, to operate its refineries, crude oil and products pipelines nationwide profitably unless...

Africa Oil & Power: Energy Investments and Policy

Date: June 6 - 7, 2016 Location: The Westin, Cape Town, South Africa Africa Oil & Power draws a premier crowd of ministers and senior level...

Fall in Oil Prices Does not Spell Doom For Nigerian Economy —Dangote

By Margaret Nongo-okojokwu Africa’s richest man and President, Dangote Industries, Alhaji Aliko Dangote, yesterday, dismissed fears about the impact of the fall in crude oil...

Petroceltic Spuds First Development Well in Algeria

Petroceltic International and its partners on the Isarene Permit in Algeria, Enel and Sonatrach, have started development drilling on the Ain Tsila gas and...

Sacoil Reorganises Interests in Block III, Democratic Republic Of Congo

SacOil has announced proposed reorganisation changes to its indirect participating interest in Block III, Albertine Graben, in the Democratic Republic of Congo, currently held by its indirect...

Tanzania Makes Big Onshore Natural Gas Discovery

Tanzania says it has added to its natural gas bounty with a new discovery. According to the Energy and Minerals Minister, Sospeter Muhongo, an...

Siemens’ Gas Turbines in Transit to Beni Suef

The first gas turbines from Siemens’ in Germany to Egypt are now in transit. Two turbines for the Beni Suef power plant project will...

Seven Energy Secures $100m Fresh Capital

Seven Energy International Limited, an integrated gas company in the country with oil and gas interests in the South East region, recently said it...

Stop Sabotaging Oil Facilities, Lawmaker Warns N’Delta People

Bayelsa State lawmaker and prominent member of the All Progressives Congress, Mr. Israel Sunny-Goli, has warned the people of the Niger Delta against sabotaging oil...

The Electricity Sector is Dying – NERC Boss

The incumbent acting Chairman of the Nigerian Electricity Regulatory Commission, NERC, Dr. Anthony Akah, in this interview with our Abuja Bureau Chief has berated...

Official Launch of GIL Automations BV Marine and CSIA Certified Panel Shop

Wednesday the 24th of February, 2016 marked the official launch of the BV Marine and CSIA Certified Panel Shop, the only shop certified in...

Total FPSO Will Boost Local Content Devt.

The fabrication of the Floating Production Storage Off-loading, FPSO, for Total E&P Egina oilfield project is estimated to boost local content development up from...

CNL Concludes Handover of Producing Assets in OMLs 53 & 55 to Seplat and Belema oil

… Reiterates its Commitment to Nigerian Content Clay Neff (in the middle), Chairman & Managing Director of Chevron Nigeria Limited (CNL) exchanges the agreement of...

Low Oil Price: Opportunities In The Midst Of Challenges

By Pita Ochai ‘You never want a serious crisis to go to waste.” Barack Obama’s former chief of staff Rahm Emanuel used this familiar aphorism...

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