Some energy consumers in Ibadan have demanded for mechanisms to hold the Ibadan Electricity Distribution Company (IBEDC) accountable, should electricity tariff be eventually increased. The consumers were unanimous in their demand, while speaking at an extraordinary meeting on tariff review, organised by IBEDC in Ibadan on Monday. According to Mr Obaro Ikime, an energy consumer,…
******* Wind generation hits wholesale market The largest wind farm in Russia has begun supplying electric power to the wholesale electricity consumers and capacity market. Alexander Korchagin, Director General, NovaWind, the wind energy division of ROSATOM said in a statement made available on Tuesday in Lagos. Korchagin said the Adygea wind farm was…
The United Nations, UN, has set aside March 3, 2020, as the World Wildlife Day, mainly to celebrate and raise awareness of the world’s wild animals and plants. showed that some individuals and groups are set to mark the day in Nigeria and other African countries. UN, stated: “On 20 December 2013, at its 68th…
The Department of Petroleum Resources (DPR) says it will begin enforcement of the Minimum Industry Safety Training for Downstream Operations (MISTDO) at petroleum facilities from Sept. 1. The agency said the move was necessitated by the rising cases of petroleum tanker accidents as well as gas explosion incidents leading to loss of lives and property…
The Norwegian Ambassador to Nigeria, Jens-Petter Kjemprud, on Monday appealed to oil companies and illegal oil bunkers against re-pollution of oil impacted Ogoniland currently undergoing remediation. Kjemprud made the appeal while inspecting progress of work at ‘less complex sites’ in Alode community, Eleme local government area in Rivers. he envoy also called on the Federal…
The Shell Nigeria Production and Exploration Company (SNEPCO) says the Bonga Floating Storage Production and Offloading (FSPO) is due for scheduled turn around maintenance. The Shell Petroleum Development Company statement indicated that Bonga field situated on Oil Mining Lease (OML) 118, some 180 kilometers off the Atlantic Coastline would be shut for maintenance sometime in…
The inappropriate pricing, paucity of infrastructure and non-existence of a regulating agency are partly responsible for investment deficit rocking the Nigeria’s Compressed Natural Gas (CNG) industry. Managing Director, NIPCO Gas limited, Sanjay Teotia, who, according to a statement, declared this during a media tour of some of NIPCO’s facilities in parts of Benin City, the…
Nigeria National Petroleum Corporation (NNPC) Retail Ltd., a subsidiary of NNPC, has launched and commenced the sale of new engine oil brands (lubricants) to serve the demands of Nigerian motorists. The Managing Director of the company, Mr Billy Okoye, while briefing newsmen in Abuja on Sunday, said the new products were made in Nigeria by…
The Chief Executive Officer, Ibadan Electricity Distribution Company (IBEDC), Engr. John Ayodele, says upward review of electricity tariffs will solve the challenges currently confronting the energy sector in Nigeria. Ayodele stated this while speaking on the sidelines of the public hearing, organised by the Nigerian Electricity Regulatory Commission (NERC). The event was tagged: ‘Investments Towards…
The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured Nigerians of sufficient petroleum product supply in the country amid fears of the effect of the Coronavirus spread affecting the sector. The Agency disclosed this in a statement signed by its Executive Secretary Alhaji Abdulkadir Saidu, in Abuja on Sunday. He said that Nigeria had nothing…