LADOL recently became the first company in West Africa to be awarded International Organisation for Standardisation (ISO) certifications recognising international best practice in areas including risk-based thinking and occupational hazards. Commenting on the certifications, LADOL’s Managing Director, Dr Amy Jadesimi said that soon LADOL will not only,“exceed international standards, but it will also set them.”…

The Nigeria Climate Innovation Centre (NCIC), has announced a grant funding partnership with All On to support the 2018-2019 Climate Launchpad winning teams’ incubation, which is the NCIC’s inaugural incubation programme.        The Nigeria edition of the World Bank’s Climate Launchpad (CLP) Global Idea Challenge Competition selected 15 clean technology businesses to be incubated by…

Oil prices are expected to oscillate close to current levels well into the next decade, averaging around $65-70 per barrel through 2023, according to an annual survey of energy professionals conducted by Reuters. Despite the recent slump in oil prices, forecasts have edged down by less than $5 per barrel compared with the last annual…

Downstream oil company, NIPCO Plc, has said despite the challenges currently plaguing the industry, it is optimistic that this year will open new vistas of business opportunities. The firm also unveiled plans to surge investments for Corporate Social Responsibility (CSR) in 2019, as it celebrated achievements on securing jobs for all its employees despite the…

Spot activity dwindled on Monday as traders awaited the new March Nigerian and Angolan loading programmes that are expected to emerge this week, while India’s IOC mopped up some cargoes via a tender. Less than five cargoes of Angolan crude remained from the February programme. BP was said to be offering a cargo of February-loading…

James Shindi is the Chief Executive of Brevity Anderson, organisers of the annual Nigeria Petroleum International Summit (NIPS). In an interview with the Head of Energy & Solid Minerals Desk, STANLEY OPARA, he speaks on the fate of the oil/gas industry in the current election year, the PIGB and NIPS. Excerpts; Giving the fact that…

The fear over oil price volatility and its implications on Nigeria’s economy in 2019, continues to headline discourses and research, as Coronation Merchant Bank predicts, “a lot depends on oil this year.”   In the lender’s “2019 Macroeconomic Outlook” report, due to be released today, it forecasts oil price at an average of $58 per barrel…

Over the years, the growth of Nigeria’s power sector has continued to fall short of stakeholders’ expectations, and this is evident in the epileptic supply that has characterised operations.

As part of its Corporate Social Responsibility (CSR) initiatives, Eko Electricity Distribution Company has reiterated its commitment to giving back to the communities where it is currently operating.

The management of Kano Electricity Distribution Company (KEDCO), has disclosed that the shortage of power supply to its franchise area recently was caused by loss of one 150MVA transformer at the Kumbotoso Transmission Station in Kano.

There is no doubt that solar energy is the way out. I would like to quote Richard Branson, who said: “In a single hour, the amount of power from the sun that strikes the earth is more that the entire world consumes in a year.”

Chief Executive of Brevity Anderson, organisers of the yearly Nigeria Petroleum International Summit (NIPS), James Shindi, has said Nigeria has the capacity to upscale its proven oil reserves to 40 billion barrels within the next few years. Speaking ahead of the forthcoming NIPS 2019 conference and exhibition scheduled to start from January 27; Shindi said…