Friday, 19th April 2024
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Energy

17 Jan
Nigeria is exploring options to increase crude oil production amidst challenges facing producing companies in the country. The Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the plan to ramp up production remains on course. 
17 Jan
Africa’s geothermal sector will attract, at least, $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand. 
17 Jan
Copper prices are poised for a remarkable surge of over 75 per cent in the coming two years as mining supply disruptions and escalating demand fuelled by the global shift towards renewable energy have created market disruption.
10 Jan
Stakeholders in the oil and gas sector have emphasised the need for Nigeria to prioritise downstream and midstream infrastructure for competitiveness.
10 Jan
Executive Chairman of the African Energy Chamber, NJ Ayuk, has called for sustained gas investment in Africa amidst the energy transition programme. 
10 Jan
Skills gap in the Nigerian power sector and other African countries as well as rising changes in the global energy landscape may force Nigeria to take strategic steps in dealing with the situation, Executive Director, Corporate Services and head of Mainstream Energy Academi, Umar Usman, has said. 
10 Jan
Nigeria is in a strategic move with leaders of the oil-producing region to douse security tension and ensure the safety of oil and gas infrastructure, especially pipeline assets.
3 Jan
The federal government has allocated N344 billion to the power sector in the 2024 budget, an increase of 43.9 per cent when compared with N239 billion it received last year.
3 Jan
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will, this year, prioritise the implementation of the Petroleum Industry Act (PIA) and ensure an increase in crude oil production.
3 Jan
Stakeholders have raised fresh concerns over the Nigerian government’s long-standing practice of subsidising electricity tariffs, insisting that it poses financial strain and that concerns about the unequal distribution of benefits may create more challenges in the sector.
27 Dec
Stakeholders in the Nigerian energy sector have said the country will need to address inherent challenges if the current projections of the energy transition are achieved. 
27 Dec
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has asked oil companies to comply with regulations in the industry. This comes as the organisation expressed readiness to release seven new regulations for the smooth implementation...

Latest

1 hour ago
Adolphus Onyeama, an agriculture produce buyer resident in Borno State, has had several close shaves with death in the last 14 years. The Enugu State-born businessman has lived in the North for 26 years.
1 hour ago
The Minister of Federal Capital Territory, Nyesom Wike, yesterday had the last laugh at the highly staked National Executive Committee (NEC) of the Peoples Democratic Party (PDP), which retained its acting national chairman...
1 hour ago
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.
2 hours ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
2 hours ago
Raymond Nwachukwu, a civil servant who lives in the Ijaiye area of Lagos State and commutes over many kilometers to and from work in Lekki, claims that his biggest problem is getting sleep.
2 hours ago
The Nigerian Premier Football League (NPFL) has provided an opportunity for Heartland of Owerri to fight to save their season by lifting the ban, albeit provisionally, on Dan Anyiam Stadium.
2 hours ago
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the country would be able to ramp up oil and gas production to feed Dangote and other local refineries by curtailing pipeline vandalisation and oil theft through its new partnership with the Nigerian Armed Forces.
2 hours ago
Ahead of Saturday’s gubernatorial primary of the All Progressives Congress (APC) in Ondo State, a chieftain of the party, Bola Ilori...
2 hours ago
Today is the second Friday of Shawwal 10th after the glorious month of Ramadan. We thank Allaah for making us see the beginning and end of Ramadan. We ask Allaah to grant us all the successes of the month as He accepts all our acts of Ibaadah and sacrifices.
2 hours ago
Spokesperson for the All Progressives Congress (APC) in Kano State, Ahmad Aruwa, has accused the presidency of working against the party’s suspended National Chairman, Dr. Abdullahi Umar Ganduje.