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DIEZIANI-OPEC-CHIEF
20 Jan 2015
BARELY 55 years ago, five oil-producing developing countries including Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, gathered in the Iraqi capital Baghdad to form the Organization of the Petroleum Exporting Countries (OPEC).    That meeting was a momentous as it was held at a time when the oil market was dominated by the established industrialized…
20 Jan 2015
THE Aberdeen-based company, Eland, an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, has announced that Elcrest Exploration and Production Nigeria Limited (“Elcrest”), Eland’s joint venture company, has completed the loading and sale of a further 31,500 bbls gross of crude for an average price…
neb-
20 Jan 2015
THE Federal Government has explained how it has been able to raise generating capacity to over 4500mw within four years.   Minister of Power, Prof. Chinedu Nebo, stated that Nigerians would have enjoyed much more stable power supply, if the activities of vandals blowing up pipelines had not increased in recent times.   The minister…
20 Jan 2015
APPARENTLY thrown into grief moment by the demise of its Chairman, Techno Oil Limited has applauded the indelible footprint of Late Dr. John Nnadi, to the rising profile of the indigenous company.   The Executive Vice-Chairman of Techno Oil, Mrs. Nkechi Obi, in a statement mave available to The Guardian, described Nnadi as a father…
20 Jan 2015
THE announcement by the Federal Government to reduce the price of a litre of fuel from N97 to N87 was not unexpected as many countries around the world have taken advantage of the decline in crude oil prices to cut their pump prices.   The United States of America, which has within a very short…
20 Jan 2015
THE Nigerian National Petroleum Corporation (NNPC) has initiated a new scheme to ensure smooth distribution of Dual Purpose Kerosene (DPK) across the country.    The Group General Manager, Group Public Affairs Division, Ohi Alegbe, in a stamen made available to The Guardian recently, said the ‘Kero Correct’ initiative would cut-off the several layers of middlemen…
30 Sep 2009
SHELL Global Solutions, a unit of Royal Dutch Shell, is pushing to expand its upstream business by selling to oil producers in Asia and the Middle East technology designed to boost output of mature fields, an executive with the company has said.
30 Sep 2009
IN 1896, Nigeria flagged-off power generation with a 20-mega watt (mw) capacity power plant located in Ijora, Lagos. With this development, all were agog with anticipations that the feat would fast-track growth and development of the African giant, even when it was yet to get independence.
7 Jul 2007
THE World Bank has disclosed that its financing for renewable energy and energy efficiency projects in developing countries has risen by 24 per cent in the last fiscal year to $3.3 billion. The apex bank in a statement released recently said that in the past five years, it had approved 366 projects in 90 countries, noting that last year alone, the bank approved 99 projects in 48 countries.

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Pensioners in Osun State on Tuesday trooped to the streets in Osogbo to stage a peaceful protest over unpaid pensions arrears by the state government.
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Mr Femi Fani-Kayode, former Minister of Aviation, has joined issues with his ex-wife, Precious Chikwendu, at the Federal High Court, Abuja.
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NAIROBI, Kenya, October 26, 2021 -/African Media Agency(AMA)/- A lack of automation can undermine an organisation’s efforts for greater efficiency and profitability and leave decision-makers blind to real-time information about the business. Data suggests up to 22% of a typical employee’s time is spent on repetitive tasks, with up to 10 errors per 100 steps in manual…
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EVENT: Please join us on Friday, October 29, 2021, for a digital press briefing with U.S. Representative to the United Nations, Ambassador Linda Thomas-Greenfield. Ambassador Thomas-Greenfield will discuss her trip to Mali, Niger, and Gabon. DETAILS: Speaker: Ambassador Linda Thomas-Greenfield, U.S. Representative to the United NationsDate: Friday, October 29, 2021Time: 11:30 Johannesburg | 10:30 Libreville | 09:30 GMT |…