Energy Institute Nigeria has announced the completion of the first set of 20 professional graduate engineers from the 2016/2017 Graduate Engineering Training Scheme (GETS).
Nigeria’s transmission network requires N1.8tr five-year funding
The Federal Government has said that Nigeria’s power sector required an investment of $5billion (N1.8 trillion) in the next five years to solve transmission challenges.
SPE to discuss production cost, regulation challenges at forum
As prices of crude oil prices remained low forcing many companies to engage in different strategies to be relevant in the sector, the Society of Petroleum Engineers, Nigeria Council...
Rig owners seek alternative funding for oil industry
Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint venture operations it approved in November last year.The operators regretted that the inability of government to execute the plan has further thrown the industry into instability......
Baker Hughes, GE Oil complete merger
The merger between Baker Hughes Inc (BH). and GE’s oil and gas business is complete. The combination, Baker Hughes, a GE company, brings together capabilities across the full value chain of oil and gas activities—from upstream to midstream to downstream.
Consumers owe Ikeja Electric Plc N88 billion electricity bills
Accumulated debt profile of customers under the Ikeja Electric Plc network has hit N88 billion, a development that is hindering the planned metering programme, as most its revenue are stuck with consumers who are reluctant to offset their outstanding bills.
Oil prices near $44 as investors weigh Nigerian output caps
Oil traded near $44 a barrel as investors weighed the likelihood and potential effectiveness of Libya and Nigeria capping production.
Danvic Petroleum School boosts local content with domestication of training
With its objective to bridge the gap between the academia and practical experience in the oil industry, Danvic Petroleum Training School has graduated its pioneer set of trainees in the first phase of a training programme.
Eni commit to access to energy, gas flaring reduction in Africa
A delegation from Italian global energy provider, Eni, headed by Chief Financial Officer, Massimo Mondazzi, has given a presentation to the World Bank that reinforced the group’s continued commitment to sustainable growth.