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Energy

18 Mar 2015
The Minister of Power, Prof. Chinedu Nebo has commission a 25KW Hybrid solar PV/ wind demonstration power plant.
18 Mar 2015
The Egyptian government has reached firm agreements with Siemens on the construction of a 4.4 GW combined-cycle power plant and wind power capacity of 2 GW.
18 Mar 2015
DATA from the International Energy Agency (IEA) indicates that global emissions of carbon dioxide from the energy sector stalled in 2014, marking the first time in 40 years.
18 Mar 2015
Eland Oil and Gas has expressed its commitment to increase investment in Nigeria’s oil and gas sector, with optimism that its hydrocarbon wells are still commercially viable despite the plunging oil prices.
18 Mar 2015
Global enhanced oil recovery (EOR) market is expected to reach $283 billion by 2020, according to a new study by Grand View Research, Inc. Growing global energy demand is expected to remain a key driving factor for global EOR market.
18 Mar 2015
Oil prices might have stabilised only temporarily as the global oil glut is worsening due to production in the United States showing no sign of slowing, the International Energy Agency said on Friday.
18 Mar 2015
Investment in African megaprojects increased by 46 per cent to $326 billion in 2014, mainly as a result of higher investment in transport, energy and power infrastructure, advisory firm Deloitte’s third yearly African Construction Trends report has revealed.
18 Mar 2015
THE imperativeness of adequate power supply for any nation’s growth and development cannot be overstated, as electricity remains the major driver for effective sctoral operations. The need for diversified sources of power supply has naturally become a germane issue, with the nation now planning to opt out of monocultural profile.
18 Mar 2015
SHELL’s announcement that it would be scaling back its shale gas exploration has been described as a blow to the South African government, which has punted shale gas as a “game changer” for the economy.
18 Mar 2015
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of effective distribution of petroleum products during and after the general elections across the hinterland of the country.  
17 Mar 2015
The estimate for world oil demand growth in 2014 remains broadly in line with the previous report at 0.96 mbpd. For 2015, global oil demand growth is expected to average 1.17 mbpd, relatively unchanged from the previous month. Almost half of 2015 oil demand growth is projected to come from China and the Middle East.
17 Mar 2015
Besides, the utility firms are worried about the increasing debt profile which is mostly traced to government agencies: the army, police, ministries and parastatals and para-military forces, which the Discos claim

Latest

5 hours ago
Toyin Abraham confirms that she has no issues in her marriage. The well-known Nollywood actress, is striving to dispel public misconceptions about the stability of her marriage. Recently, Toyin Abraham scolded a worried follower on Twitter for simply inquiring about the status of her marriage. The fan tweeted, “I heard that you are having issues…
6 hours ago
Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the Lekki Deep Seaport arrived in Nigeria on Friday, the News Agency of Nigeria (NAN) reports.
7 hours ago
Freedom and democracy have disappeared in Hong Kong, Taiwan's premier said Friday, as Chinese leader Xi Jinping visited the business hub to celebrate the 25th anniversary of its handover from Britain.
7 hours ago
France midfielder Moussa Sissoko has joined Nantes from Watford, the Ligue 1 club announced on Friday, ending a nine-year stay in English football.
7 hours ago
Ghana said on Friday it was seeking International Monetary Fund (IMF) support for its economy, battered by inflation, a pandemic slump and the war in Ukraine.