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Energy

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
15 Mar 2015
In fact, the Budget Director General revealed that in the 2015 plan, non-oil revenue was for the first time projected to be higher slightly than oil mineral revenue, which makes the plan a non-oil economy Budget.

Latest

7 mins ago
Africa Prudential Plc, a leading business solutions, and investor services firm in Nigeria, announced, yesterday, that it has been recognised as the Most Outstanding Company in the Cooperative Industry at the 4th National Cooperative Awards, Symposium and Exhibition, organised by the Cooperative Rating and Award Society of Nigeria (CRASoN). The award recognises the company that…
19 mins ago
Continued from Yesterday One recent event would demonstrate the main reason why State Governors seek to dominate and control local governments. This is the suit instituted by the Governors through the Governors’ Forum and the Attorneys-General of the States against the guidelines issued by the Nigerian Financial Intelligence Unit (NFIU) on cash withdrawal from local…
29 mins ago
ASUU cannot but be in my mind. No matter how I try to give attention to something else, the issue of Nigeria’s most indefatigable, most patriotic, most absorbing Union keeps on cropping up in my cultured and frank and truthful consciousness akin to ASUU’s courageous and rugged consciousness. Before anyone misjudges my ASUU consciousness, let…
48 mins ago
No fewer than 5,235, out of estimated two million, women living with obstetric fistula worldwide, have been treated by Medecins Sans Frontiers (MSF), also known as Doctors Without Borders, in Jahun General Hospital, Jigawa State, in the last 14 years. Disclosing this, yesterday, in Dutse, MSF called for concerted efforts to help reintegrate affected women…
54 mins ago
Governor Babagana Zulum of Borno State has unveiled the plan to construct new flyovers and roads in Maiduguri to ease commuting in the metropolis. The project comprises the construction of two flyovers at Borno Express junction and Westend Roundabout as well as dual carriageway from Shehu’s roundabout to Songhai. Zulum disclosed this, yesterday, in Maiduguri,…