Follow Us On:

Home » Archives by category » Business » Energy

Oil Price Drop: FG pledges to protect Nigeria’s economy

Oil Price Drop: FG pledges to protect Nigeria’s economy

The Federal Government has pledged to protect the economy from any external shock that might arise from the global drop in oil prices. Government also warned that it would not…

Devaluation of naira puts pressure on fuel importers

Devaluation of naira puts pressure on fuel importers

Oil marketing firms that are importing fuel to Nigeria are now at a fix following the devaluation of the Naira by the Central bank of Nigeria (CBN) as part of…

FG to revoke licenses of non-performing marginal field operators

By Anayo Korie  / Ag Energy Editor   The Federal Government has threatened to revoke the licenses of non-performing marginal field operators by March 2015 and hand it over to other…

Why 700mw Zungeru hydro project is slow – Wakil

Minister of State, Power, Mohammed Wakil, has explained that legal challenges from vested interest is slowing down the pace of work at the 700 mega watt Zungeru Hydro project in…

Economic Recovery: PETAN urges FG to look inward to avert austerity

By Anayo Korie  / Ag Energy Editor   Experts, who gathered at the business dinner and award ceremony organized by the Petroleum Technology Association of Nigeria (PETAN), have urged the Federal…

New zeolite catalyst development to reduce refining cost for petroleum sector – PTDF boss

The Executive Secretary of Petroleum Technology Development Fund (PTDF), Olufemi Ajayi, has said that the development of zeolite catalyst in the country would reduce drastically the capital flight on the…

Julius Berger emerges preferred bidder for GE’s assembly facility

• Project  expected to create over 2000 jobs Stories by Anayo Korie / Ag Energy Editor   Julius Berger Nigeria Plc has emerged  the preferred bidder to build General Electric’s multi…

Benin zone winner of Total Nigoscar competition

The Benin Sale Area of the Total Nigeria Plc at the weekend slugged it out with  other seven contestants to emerge winner of the annual National Nigoscar with forty eight…

FG offers automatic employment to best power school graduands

Federal Government has offered automatic employment to the three best graduating students of the National Power Training Institute of Nigeria (NAPTIN). Minister of Power, Professor Chinedu Nebo who announced this…

First group of graduates emerges from GE skills training

Twenty-eight Nigerians have graduated from the pilot Lagos Garages Programme, sponsored  by General Electric (GE). For over six weeks, the graduates were trained on product development, entrepreneurship, sales and marketing…

Sahara Energy extends well test, strikes first oil in 2015

By Anayo Korie  / Ag Energy Editor   Chief Operating Officer (COO) of  Sahara  Energy Upstream Group,  Mr. Curtis  Cohen has said the firm  is carrying out an extended production test…

Inadequate facilities hamper liquid steel production at Ajaokuta complex

Ajaokuta Steel Company Limited has identified the non-completion of the  required external infrastructure as the major challenge hindering production of  liquid steel  in the country, Mr Isah Onobere,  the  Sole…

Minister backs compliance of standard among oil and gas firms

Minister of Petroleum Resources,  Mrs Diezani Alison-Madueke, has  urged the Department of Petroleum Resources (DPR), to compel oil and gas companies to provide Standard of  Operating Procedure (SOP)  for their…

Estimated billing will soon be a thing of the past – Power Minister

Estimated billing will soon be a thing of the past – Power Minister

 The Minister of Power, Prof Chinedu Nebo spoke to Acting Energy Editor, Anayo  Korie  in an interview  on the sideline of the just concluded West Africa  Power Industry Convention held…

Ghana backs Eni on $6b offshore gas project

Ghana’s government has given Italian energy firm, Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017,…

50 per cent natural gas still flared by oil firms

Despite being declared illegal in 1984, about 50 percent of natural gas produced in the country is still being flared by oil companies, National Oil Spill Detection and Response Agency…

AfDB provides partial risk guarantee for coal to power projects

Stories by Obas Esiedesa /  Reporter, Abuja   The African Development Bank (AfDB) is providing credit support to Nigeria Bulk Electricity Trader (NBET) in form of partial risk guarantee for…

Total  nationwide campaign on eradication of HIV/AIDS in Nigeria arrives Cross River

Total companies  in Nigeria led by Mrs. Elizabeth Proust,   the Chief Executive Officer  of Total Upstream  of Nigeria and  Mr. .Alexis   Vovk,  the Managing Director of Total Nigeria Plc, in order to…

FG urged to adopt Bangladesh model on renewable energy

By Anayo  Korie  / Ag Energy  Editor   The Deputy  Managing Director of Infrastructure Development Company Limited of Bangladesh, Mr. Sahabuddin  Formanul  Islam,  has urged  Nigeria to set up energy bank…

Nigerdock hands over gas gathering facilities to Chevron Nigeria

 Stories by Anayo Korie  / Ag Energy Editor   Nigerian Content law which was enacted to  enable local firms participate actively in the fabrication and provision of facilities used in the…

Page 1 of 33123Next ›Last »