Tuesday, 7th December 2021
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Energy

27 Jan 2015
ELECTRICITY Management Services Limited (EMSL) has endorsed the products, processes and manufacturing facilities of MOMAS Electric Meters Manufacturing Company Limited (MEMMCOL).   EMSL one of the successor organisations of the former Power Holding Company of Nigeria, charged with the sustained technical inspection, testing and certification of all electrical equipment, power systems and electrical Installations in…
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.

Latest

23 mins ago
By Claudio Muruzabal, SAP President for Southern Europe, Middle East and Africa NAIROBI, Kenya, 7th December, 2021 -/African Media Agency(AMA)/- For the past 18 months, the business world has been so focused on Covid-19 that it’s taken its eye off the other C-word – CSR, or corporate social responsibility. But you can write this down and…
42 mins ago
President Muhammadu Buhari on Tuesday met behind closed doors with Gov. Hope Uzodinma of Imo in the Presidential Villa, Abuja.
1 hour ago
Mr Biodun Oyebanji, the Secretary to Ekiti State Government, has resigned his appointment, the News Agency of Nigeria (NAN) reports.
2 hours ago
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The new funding will also support the expansion of the…
2 hours ago
The Nigerian Senate has called on the British authorities to consider removing Nigeria from their Coronavirus (COVID-19) red list.