By Ikenna Omeje The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company (FIRST E&P) Joint Venture have announced the commencement of oil production from the Anyala West field in Oil Mining Leases (OMLs) 83 & 85. OMLs 83 & 85 are in the shallow waters offshore Bayelsa State (Nigeria) where FIRST…
As the Yuletide fast approaches, the Department of Petroleum Resources (DPR) in Enugu State has warned petroleum products marketers against arbitrary hike in pump prices and illegal pump adjustments during. The Operations Controller of the agency, Enugu Field Office, Mr Okoro Okechukwu, gave the warning during a stakeholders’ workshop in Enugu. Okechukwu said that the…
In its bid to complement the Federal Government’s effort to roll out free 6,000,000 free meters to electricity customers nationwide, MOMAS Electricity Meters Manufacturing Company, MEMMCOL, has offered to train over 300 unemployed youths on effective electricity metering programme scheme. The Chairman, MEMMCOL, Kola Balogun disclosed this during an interactive session with journalists at the weekend in…
By Mordi Chukwunonso Esther The Nigerian National Petroleum Corporation, NNPC said oil marketers who patronise its online platform would purchase the product at N153.17 per litre, despite the increase in the Ex-depot price of Premium Motor Spirit, PMS, to N155.17 per litre by its subsidiary, the Petroleum Products Marketing Company, PPMC. Group General Manager, Group…
The Nigeria Liquefied Natural Gas (NLNG) Limited has said it will increase its allocation of Liquefied Petroleum Gas (LPG) to the domestic market from 350, 000MT to 450, 000MT by 2021. The target, NLNG said, was aimed at supporting the Federal Government’s plan to deepen LPG (cooking gas) penetration in Nigeria. According to the News…
By Mordi Chukwunonso Esther Abasiekeme Edet, a 200-level undergraduate student of the department of Pharmaceutical Sciences at the University of Port Harcourt, Rivers State has emerged winner in the 4th Edition of the Nigeria Content and Development Monitoring Board (NCDMB) Essay completion. Edet whose piece on the topic: “Research & Development as a key lever…
By Mordi Chukwunonso Esther In its latest Africa Energy Outlook 2021 released earlier this week, the African Energy Chamber forecasts increased gas monetization across the continent on the back of decarbonisation and industrialisation drive.In an article distributed by APO for the African Energy Chamber, the chamber has notably found that while not insulated to…
By Mordi Chukwunonso Esther Petroleum Industry Christian Fellowship International (PICFI) has said Nigeria should strive for justice and equity in all corners of national life and urgently undertake a reform of the economy to reposition her for greatness, oil and gas industry group.In a statement signed by its National Secretary, Osita Moneme, the group noted…
… To accelerate in 2021 By Ikenna Omeje The International Energy Agency (IEA) has said that renewables will account for almost 90 percent of the increase in total global power capacity in 2020 and will accelerate in 2021 to their fastest growth in the last six years, a release by the Agency has said. According…
By Ikenna Omeje The Ibadan Electricity Distribution Company (IBEDC) has said it would roll out over 100,000 prepaid meters free to its customers beginning from the third week of November, under the Federal Government National Mass Metering Program (NMMP). The Federal Government introduced the program as part of the effort to further bridge the country’s metering gap…