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Energy

Okowa lauds Heritage Energy on local content policy compliance

Sopuruchi Onwuka American international oil independent, Heritage Energy Operational Services Limited (HEOSL), has earned the commendation of the Delta State government on its high Nigerian Content policy compliance level. Governor Ifeanyi Okowa whose presentation was delivered at the Stakeholders Summit…

Would artisanal refiners accept NUPRC’s invite to legitimate business?

Sopuruchi Onwuka The threats and admonition by power packed government inspection team that visited scenes of pipeline vandalism and destroyed illegal artisanal refining facilities in the Niger Delta signal a fresh start in the vain repetition of treating symptoms instead…

Putin threatens nuclear disaster as key Kremlin official flees

One of President Vladimir Putin’s closest allies warned the United States on Wednesday that the world could spiral towards a nuclear dystopia if Washington pressed on with what the Kremlin casts as a long-term plot to destroy Russia. The threat…

United States, UN mourn Madeleine Albright at 84

(Agency reports) Former Secretary of State to the United States’ government, Madeleine Albright, died from cancer on Wednesday at the age of 84. The death of Ms Albright was announced by her family just weeks after she had warned the…

FG recovering power infrastructure from obsolescence __NERC

Sopuruchi Onwuka Federal government is working to recover the nation’s electric power infrastructure from prevailing obsolescence, sinking trillions of Naira in revamping and expanding transmission and distribution network in delivering improved electricity supply to homes and businesses in the country….

NERC lays commercial incentives for power supply improvement

Assures sustainable market for meter producers Sopuruchi Onwuka Federal government has declared plans for sustainable capacity growth in the nation’s electric power sector through performance based incentives for players, especially the distribution companies that would stake significant investments in advancing…

Jonathan, Daukoru laud NCDMB as ERASKON launches factory in Bayelsa

Former President Goodluck Ebele Jonathan and the former Minister of State for Energy and current chairman of Nigeria LNG Board, King Edmund Daukoru have applauded the Nigerian Content Development and Monitoring Board (NCDMB) for the effective implementation of the Nigerian…

SDG 4: Seplat pledges continuous teacher training

Seplat Energy Plc, leading indigenous energy company and its partners, the Nigerian Petroleum Development Company (NPDC), have awarded certificates to a total of 220 comprising 214 teachers and 6 Chief Inspectors of Education in Edo and Delta States under the…

No, OPEC+ builds oil value to 2008 levels

Sopuruchi Onwuka The taunt by international media outlet, Reuters, that the Organization of Petroleum  Exporting Countries’ coalition members (OPEC+) lose money by not flooding the market with oil at a time high prices might be based on very wrong assumptions…

NCDMB leads search for new financing for Africa’s oil industry

Sopuruchi Onwuka Key stakeholders in the African petroleum industry are exploring a combination of reinvestment funds, idle private sector funds, development banks and local credit institutions as new sources of project financing. The scramble for new financing solutions comes in…