By Ikenna Omeje The Nigerian Electricity Regulatory Commission (NERC) has disowned a message circulating about purported ongoing recruitment by the commission and advised Nigerians not to fall victims to the recruitment scam. In a series of tweets via its official Tweeter handle on Thursday, NERC said the perpetrators of the recruitment scam demanded employment processing fees from…
Mordi Chukwunonso Esther The Federal Government on Thursday inaugurated an Alternative Dispute Resolution Center (ADRC) to quicken the resolution of disputes in the oil and gas industry in Lagos. It also inaugurated a six-member Advisory Council and a 20-member Body of Neutrals to mediate on disputes before the ADRC, which is one of the units…
– Seeks cooperation of refinery operators, fuel oil suppliers Daniel Terungwa The Nigerian Maritime Administration and Safety Agency, NIMASA, has expressed its determination to ensure availability of marine fuels that comply with the regulation by the International Maritime Organisation, IMF, limiting the sulphur in the fuel oil used on board ships to 0.50 per cent m/m…
By Ikenna Omeje The Minister of Power, Engr. Sale Mamman, has apologized to Nigerians for the current power outages being experienced in many parts of the country. Mamman said that the problem is caused by the breakdown of some National Integrated Power Plants (NIPPs) supplying electricity to the national grid. He listed Sapele, Afam, Olonrunsogo,…
By Ikenna Omeje The Director General of the Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, has said that investors are not coming in to invest in the transmission and distribution ends of the Nigeria’s power sector, because of ssues around gas Pricing. A significant percentage of the electricity generated in Nigeria is done with…
Mordi Chukwunonso Esther Total and Siemens Energy has signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. Total is the world’s second largest privately owned LNG player, with a global portfolio of nearly 50 Mtpa by 2025 and a global market…
Daniel Terungwa The Minister for Mines and Steels Development, Engr. Olamilekan Adegbite, has said that although works on the Ajaokuta Steel Plant was stalled owing to the COVID-19 pandemic, the President Buhari led admiration has not totally given up on the project. The Minister who made this known in a recent interactive session with journalists in…
Mordi Chukwunonso Esther Economists at the Organization of the Petroleum Exporting Countries (OPEC) has said that gasoline and diesel demand would drive overall growth, but not enough to reach pre-pandemic strength. OPEC in its monthly market report for April reported that demand growth would accelerate in the second half of the year. The report read: “Gasoline…
Daniel Terurngwa The Ugandan and Tanzanian governments have signed a series of agreements with oil companies Total of France and the Chinese National Offshore Oil Corporation. The deal paves the way for the construction of a pipeline to carry crude oil from Uganda to a Tanzanian port on the Indian Ocean. French and Ugandan environmental…
Mordi Chukwunonso Esther The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC, Mr Mele Kyari, made this known on Friday in Maiduguri during a courtesy call on Gov….
