Nigeria, a country in the tropical region of the world is now in the dry season. In this dry season, the hydroelectric power plants are working at dry season capacity! The coal-fired power plants are almost redundant while solar is mostly generated by private institutions and personalities who can presently afford it. This leaves the…
Price of cooking gas soars as pirates attack LPG vessel
The average price for the refilling of a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (LPG) or Cooking Gas, has increased by 5.48 per cent month on month to N2,708.38 in February 2017 from N2,567.56 in January 2017, and 45.59 per cent year-on-year.
MAN Diesel to install compressors, turbines for Dangote refinery
Germany-based, MAN Diesel and Turbo, will deliver two compressor trains to Dangote Oil Refining Company, currently building Africa’s largest refinery in the Lekki Free Trade Zone in Lagos State, estimated to gulp around $12 billion.
Seven years after, BEDC restores electricity to Ogwashi-Uku, in Delta State
There was mass jubilation by residents of Ogwashi-Uku community Headquarters of Aniocha-South Local Government Area of Delta State last week, as the Benin Electricity Distribution Plc (BEDC) restored power to the area after over seven years of blackout.
Nigeria produced 43.5 million tonnes solid minerals in 2016
The States disaggregated mining and quarrying data for 2016 reflected that Nigeria produced exactly 43,495,423.12 tonnes of solid minerals in 2016. The report released by the National Bureau of Statistics (NBS), which produces data help make informed decisions by governments....
This sturbborn darkness!
Worldwide electricity generation in 2015 was just over 24,000 terawatt-hours. Only a small portion of that total comes from wind, geothermal, solar, biomass and waste but it is growing fast.
‘OPEC agreement already yielding results in Nigeria’
Higher oil prices and a long-term plan for production are spearheading Nigeria’s efforts to get its hydrocarbons sector back on track, the Minister of State for Petroleum, Emmanuel Ibe Kachikwu, has told Oxford Business Group (OBG).
Nigeria has potential for more petroleum discoveries, says Omorodion
Nigeria oil and gas industry has indeed been the growth engine for Nigeria and Nigerians, with numerous persons and companies.
NCDMB pledges support for IOCs, to fast-track projects execution
The Nigerian Content Development and Monitoring Board (NCDMB), has said it will fast track upcoming projects of the international oil companies (IOCs) with a view to increasing Nigeria’s crude oil production.