Benin Electricity Distribution Plc (BEDC) has urged Ondo State to create industrial layout for energy concentration to enable it boost economic activities, even as it promised to restore power supply to six Akoko communities.....
Neconde Energy targets 70,000bpd from OML 42
Neconde Energy Limited, the Exploration and Production subsidiary of the Obijackson Group, said it is targeting 70,000 barrels per day (bpd) output from its oil mining lease, OML 42 located in the West Delta.
Eko Disco decries N2.4 billion debt in April
Eko Electricity Distribution Company Plc (EKEDC), has said that customers under its network are yet to pay over N2.4 billion, which was part of the electricity consumed in April 2017.
Eni launches production offshore Ghana ahead of schedule
Italian oil company, Eni, has launched production from the Integrated Oil & Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in less than three years ahead of schedule, reaching another record time-to-market.
Nigeria’s crude oil production increases by 273,600 bpd
Organisation of the Petroleum Exporting Countries (OPEC), continued to reduce production in April, but output from Africa’s top exporter - Nigeria, increased by 273,600 barrels per day (bpd).
‘Lagos is a suitable investment destination for oil, gas business’
Ambode who made this declaration , noted that the exploration of crude oil in Lagos would effectively complement oil exploration activities in other parts of the country.
Investment in OML 42 at risk over picketing
The Managing Director of the company, Frank Edozie, disclosed this during an interactive session with journalists in Lagos while cautioning PENGASSAN over its plans to picket the company.
The 2017 OTC and the lesson for Nigeria
Little wonder that, as the energy capital of the world, It hosts the Offshore Technology Conference, OTC, which is a trade and business exhibition that gathers practitioners from all over the world.
OPEC records high level of output freeze compliance
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), reported that based on the Report of the Joint OPEC-Non-OPEC Technical Committee (JTC), for the month of March...
Nigerdock boosts local content, graduates 48 professional trainees
As part of its commitment to improve the Nigerian local content for the energy sector, Nigerdock, through its Training and Development Academy, has recently graduated...