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Kyari, Abiodun laud Ogbechie on Rainoil’s milestones
The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari and the Governor of Ogun State, Prince Dapo Abiodun has commended the founder and Group Managing Director of Rainoil Limited, Dr. Gabriel Ogbechie and the…
Savannah’s Accugas boosts supply to Sahara’s power plants
Savannah Energy PLC has announced commencement of gas sales to Trans Amadi power plant operated by First Independent Power limited in Port-Harcourt, Rivers State. Savannah’s local business unit, Accugas Limited, will under a new deal increase gas supply to FIPL…
NERC to challenge Discos with embedded generation
Sopuruchi Onwuka Electricity Distribution companies in the country will soon be required by the industry regulator to boost supply hours with electricity generated internally within their network concessions. The Oracle Today reports that the requirement which is currently being articulated…
Cheap petrol has become unsustainable, DAPPMAN warns
Sopuruchi Onwuka Supply brokers in the domestic fuel market have declared that it has become increasingly difficult to continue supplying petrol to Nigerian motorists at prevailing subsidized rate of N165 per liter, pointing at rising cost of operation and thin…
Africa must invest $25bn to provide power to 600 m people
Governments of African countries, especially those in the sub-Saharan part f the continent, are faced with the challenge of sourcing princely $25 billion or N12.5 trillion for investments in connecting some 600 million people to electric power supply infrastructure. The…
Fuel marketers close shop to demand price increase
Sopuruchi Onwuka A segment of players in the domestic fuel market have started practical demand for price increase by shutting their retail outlets and creating panic among motorists over possible hiatus in the distribution system. Panic buying by desperate motorists…
Again, gunmen kill worshippers in churches
Gunmen attacked two churches in Kaduna State on Sunday, killing three people and kidnapping many others in a double church attacks. Worshippers were attending the church service at the Maranatha Baptist Church and at St. Moses Catholic Church in Rubu…
Wabote wants varsities to position Nigeria in new energy order
There is an urgent need for the Federal Government and other stakeholders of the oil and gas industry to intensify efforts in the promotion of quality petroleum education and development of competent manpower that would help Nigeria meet the challenges…
Wabote challenges distributors to domicile production
Lays foundation stone for local PPE Factory Sopuruchi Onwuka Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, had demanded the distributors of high end industrial and technical products in the country to explore partnerships…
NCDMB pledges space for women at industrial parks
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that its industrial parks currently under development stages will hold special slots for women enterpreneurs in technical services, manufacuting and energy related businesses. The agency which is responsible…
