Buhari pledges to resolve power supply crisis soon
PRESIDENT Muhammadu Buhari has restated the commitment of his administration to give the highest possible priority to the rapid improvement of power supply across the country.
ECOWAS mulls gas pipeline network expansion
The Economic Community of West African States (ECOWAS) has moved a step further to boost economic integration among the West African states, with plans to expand the gas pipeline network in the sub-region for improved business activities.
‘Financial constraints, regulated downstream sector make private refineries unviable’
With the emergence of the present administration. What are your expectations for the oil and gas industry? The expectations are actually high.
Samsung, NLNG renew hope for local shipbuilding, train 60 in South Korea
Determined to grow local capacity in shipbuilding and engineering-related disciplines in the oil and gas sector, Samsung Heavy industries Nigeria in partnership with the Nigeria Liquefied Natural Gas (NLNG), have sponsored over 60 Nigerian youths for training in Geoje, South Korea.
Investment in energy technology to hit $400 billion by 2030
The International Energy Agency (IEA) has projected that increasing investment in renewable energy technologies in the power sector will increase from $270 billion in 2015 to $400 billion in 2030. According to the international energy watch dog in it’s latest edition of World Energy Outlook released yesterday, renewable energy investment was flat in 2014 at…
Total restates commitment to CSR
TOTAL Exploration and Production Nigeria Limited (Deepwater District) has said it remains committed to a strong and unwavering budget for Corporate Social Responsibility despite dwindling oil prices in the international market. The company described the entire geopolitical zones as its host communities, saying it remained committed to implementing its CSR programmes across board. The Deputy…
Energy institute backs offshore oil forum
The Energy Institute Nigeria has confirmed a strategic partnership with Offshore West Africa Conference and Exhibition, owned and produced by PennWell Corporation, for the upcoming 20th anniversary edition, including the implementation of a Continuing Professional Development (CPD) Programme as part of the overall conference. Taking place on 26‐28 January 2016 at the Eko Hotel &…
Chevron commits $1.4m to GMoU
DETERMINED to impact positively on the social, educational and economic wellbeing of its host communities, Chevron Nigeria Limited (CNL) has invested about $1.4 million (about N280 million) in the Global Memorandum of Understanding (GMoU) with the communities. The General Manager, Policy, Government and Public Affairs, CNL, Deji Haastrup, at the breakfast meeting of the Nigerian-South…
14 firms win bids for Eko Disco embedded power project
NO fewer than 14 firms have emerged as possessing adequate technical and commercial capacity to participate in the first phase of Eko Electricity Distribution Company (EKEDC) embedded power generation programme. The Managing Director, EKEDC, Oladele Amoda, in a statement made available to The Guardian, said the company is planning to generate about 474MW through embedded…
Stillbirth of Nigeria’s private refineries
PRIVATE refinery has almost become an issue in Nigeria due to the delay in the take-off by the licensed companies, several years after being awarded licences to operate in the country.
Richardson Oil gets ISO certification
RICHARDSON Oil and Gas Limited has become ISO 9001:2008 Quality Management System certified. This is as a result of the company’s commitment to providing quality services, customer satisfaction and further establishes Richardson as a preferred channel for Oil and Gas support services and solutions. The company said in a statement that the certification is also…