Russia shows interest in Nigeria’s petroleum industry
Russia’s Energy Minister, Alexander Novak, has unveiled his country’s interest to explore Nigeria’s oil and gas industry, saying that preliminary technical talks will commence as soon as possible between the two countries.
NCDMB collaborates with NLNG on local content implementation
The Nigerian Content Development and Monitoring Board (NCDMB), and the Nigerian Liquefied Natural Gas Company (NLNG), have signed a Service Level Agreement (SLA), committing to compliance...
‘Impact of N701b payment assurance scheme on power sector’
The Federal Government has assured that the N701-billion Payment Assurance Scheme will resolve the financing bottlenecks that have constrained the operations of Nigeria’s gas suppliers and power generation companies.
BEDC renews commitment to electricity supply
Benin Electricity Distribution Plc (BEDC) has urged Ondo State to create industrial layout for energy concentration to enable it boost economic activities, even as it promised to restore power supply to six Akoko communities.....
Eko Disco decries N2.4 billion debt in April
Eko Electricity Distribution Company Plc (EKEDC), has said that customers under its network are yet to pay over N2.4 billion, which was part of the electricity consumed in April 2017.
Eni launches production offshore Ghana ahead of schedule
Italian oil company, Eni, has launched production from the Integrated Oil & Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in less than three years ahead of schedule, reaching another record time-to-market.
‘Lagos is a suitable investment destination for oil, gas business’
Ambode who made this declaration , noted that the exploration of crude oil in Lagos would effectively complement oil exploration activities in other parts of the country.
GE to assist in Nigeria’s refineries’ rehabilitation
General Electric (GE) has said that it would be assisting the Federal Government in the revitalisation of the country’s ailing refineries.