Enabling environment critical to IOCs relocation to Niger Delta
Stakeholders in Nigeria’s oil and gas sector have emphasized the need for the Federal Government to create an enabling environment to facilitate the relocation of International Oil Companies (IOCs) to the Niger Delta region.
Seven years after, BEDC restores electricity to Ogwashi-Uku, in Delta State
There was mass jubilation by residents of Ogwashi-Uku community Headquarters of Aniocha-South Local Government Area of Delta State last week, as the Benin Electricity Distribution Plc (BEDC) restored power to the area after over seven years of blackout.
Nigeria produced 43.5 million tonnes solid minerals in 2016
The States disaggregated mining and quarrying data for 2016 reflected that Nigeria produced exactly 43,495,423.12 tonnes of solid minerals in 2016. The report released by the National Bureau of Statistics (NBS), which produces data help make informed decisions by governments....
NNPC to contribute 4,000mw to national grid within 10 years
The Corporation’s Chief Operating Officer, Gas and Power, Mr Saidu Mohammed, made this known in a statement signed by NNPC Group General Manager, Public Affairs, Ndu Ughamadu, on Monday.
This sturbborn darkness!
Worldwide electricity generation in 2015 was just over 24,000 terawatt-hours. Only a small portion of that total comes from wind, geothermal, solar, biomass and waste but it is growing fast.
Shell’s 17 onshore oil licences to expire by 2019
About 17 Niger Delta onshore Oil Mining Leases (OMLs) belonging to the Shell Petroleum Development Company of Nigeria Limited (SPDC), will expire in the next two years.
Nigeria has potential for more petroleum discoveries, says Omorodion
Nigeria oil and gas industry has indeed been the growth engine for Nigeria and Nigerians, with numerous persons and companies.
OPEC production cut and emerging realities!
In a report done for BloombergMarkets by BaileyLipschultz on the 17th of February, 2017 (last week), the online media submitted that Shale drilling is on a row as the Organization of Petroleum...
Baywood invests N35b in oil, gas sector
Baywood Continental Limited, a wholly Nigerian owned integrated oil and gas technical service company, has invested over $70 million (N35 billion) in key sectors of operations...