Path to electricity sector’s growth, by BPE
Bureau of Public Enterprises (BPE), has called for more transparency and honesty by stakeholders in the electricity market in Nigeria to foster growth.
Group tasks NNPC on service delivery to industries
Oil and Gas Service Providers Association of Nigeria (OGSPAN) has emphasised the need for the Nigerian National Petroleum Corporation (NNPC) to ensure regular supply of petroleum products to industries.
Cost of producing electricity from renewable sources, by IEA-NEA
THE cost of producing electricity from renewable sources like wind and solar has been falling for several years. Now, a new report provides in detail the contrasting costs for different power generation technologies around the world and shows that renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations.
NNPC shops for fund to develop gas projects
The Nigerian National Petroleum Corporation (NNPC), has unveiled plans to source for funds in its move to fully exploit the nation’s gas potentials
Challenges of regular power supply, by NERC
The Chairman, Nigerian Electricity Regulatory Commission (NERC) Dr Sam Amadi has pointed out that part of the challenge besetting the power sector has to do with project performance management.
Stakeholders seek abolition of oil swap deals
Stakeholders in the energy industry have endorsed the cancellation of crude oil swap contracts, as well as Offshore Processing Contracts (OPA), which the Nigerian National Petroleum Corporation (NNPC) entered with traders, under the previous administration of President Goodluck Jonathan.
Accenture acquires Schlumberger’s arm to expand capabilities oil sector
Accenture has entered into an agreement to acquire Schlumberger Business Consulting (SBC), the management consulting unit of Schlumberger, to buoy its oil and gas service capabilities.
Lubcon Oil bags national productivity merit award
FOR its significant contribution to the growth of the lubricant industry, Lubcon Limited, an indigenous oil lubricant producing company, has been conferred with National Productivity Order of Merit Award by the Federal Government.
Oilflow boss tasks govt on financial audit
THE Federal Government has been urged to give close monitoring to the oil and gas industry, especially in the financial transactions which have elicited issues of transparency and accountability in recent past.