Eko Electricity Distribution Company Plc says the planned N100bn government support for the power sector will go a long way in bettering the fortunes of DisCos, if released.

The Nigerian National Petroleum Corporation says it is set to go beyond the 14 per cent local market share it currently holds in the country’s downstream retail business.

Given the rising tempo of local private sector participation in the oil and gas sector of the Nigerian economy, Global Process and Pipeline Services...

The off-grid sector of the Nigerian power  industry has been described as the second largest global market after India.

Ade Yesufu is the Commercial Director, Future Energy Nigeria. In this interview, he speaks on Nigeria’s power sector, the challenges bedeviling it and its attractiveness to investors.

The Chief Executive Officer, Energy360 Limited, Abayomi Elebute, has identified efficient customer service as critical to the survival of players in the downstream segment of the petroleum industry.

Despite the renewed efforts by the Federal Government to address the infrastructure gap in the oil and gas sector, particularly pipeline...

If anyone ever needed any kind of convincing about the exceptional managerial qualities of Dr. Emmanuel Ibe Kachikwu, Nigeria’s Minister of State for Petroleum, the events of the past few weeks provide eloquent testimonies. Dr. Kachikwu, however, does not need validation. His sterling records, in private as well as in public offices, speak for themselves.…

The Department of Petroleum Resources, (DPR), has said its commitment to optimising value creation and addition to the Nigerian economy is unwavering. The agency said it would continue to stimulate industry competitiveness and investments influx through analysis and valuation of producing and non producing oil assets for viability and net worth purposes. This comes after…

Schneider Electric in Nigeria has been awarded the Nigerian Content Equipment Certificate on its assembly facility owing to its commitment to the country’s local content policy. The certification, which was awarded by the Nigerian Content Development and Monitoring Board, attests to the fact that the firm owns the assembly facility which it uses for integrating…

In line with the country’s local content agenda, over 98 per cent of Nestoil Group’s workforce, manning its operations nationwide, are Nigerians. This covers the Group’s engineers, fabricators, welders, architects and administrative staff members, among others. The Managing Director, IMPac Oil & Gas Engineering Limited, a subsidiary of the Group, Chuka Eze, disclosed this during…

Stakeholders in the country’s oil and gas sector have accused oil companies of deliberately hiding information about the various deals they undertake, with the intention to dodge relevant tax payments. They alleged that some oil firms go abroad to sign deals on oil assets domiciled in Nigeria, and thus deny Nigeria the full details of…