The Year of Investment 2020 is an initiative of the Ministry of Mines and Hydrocarbons (MMH) to pursue Equatorial Guinea’s agenda of energy cooperation and investment MALABO, Equatorial Guinea, October 2, 2019/ — In light of the success of the Year of Energy 2019, an initiative of the Republic of Equatorial Guinea which is seeing…
A software developer, Mr Garry Sylvester, on Wednesday called for adoption of Information Communication Technology (ICT) to boost the country’s ease of doing business rating. Sylvester, who made the call during in a news conference in Abuja,said it was high time Nigeria took the issue of technology seriously, adding that it had become the driver…
“I lost my two children to cholera, I can only see with one of my eyes because of the effects of oil production here in Kula, Akuku Toru Local Government Area of Rivers. “I am happy today because I can now fetch water from a tap, thanks to the builders of the water plant in…
In support of Nigeria’s effort to deepen Liquefied Petroleum Gas (LPG) usage, the UK Department for International Development (DFID) has given £30,000 grant to three Nigerian establishments, to promote the adoption of cooking gas in rural areas. The initiative is being facilitated by the Centre for Climate Change and Development at the Alex Ekwueme University, Ndufu-Alike in…
Mrs Ifeoma Malo, the Chief Executive Officer of Clean Technology Hub, an energy innovation Centre has urged the Federal Government to harness renewable energy resources to address challenges in the power sector. The renewable energy is from a source that is not depleted when used, and is naturally replenished on a human timescale such as…
Some stakeholders in the power sector says to revamped the sector, there need for the Federal Government to provide financial incentives for on grid solar and encouraged more mini-grids in the industry. They spoke in separate interviews with TBI Africa team on Wednesday in Lagos against the backdrop of how government can revive the power…
Within a one-year period covering August 2018 to July this year, the country earned a total of N5.37tn from oil, figures obtained from the Central Bank of Nigeria have revealed. The amount is contained in the economic report of the CBN for the month of July, a copy of which was obtained by our correspondent…
L-R: Mr. Abdurahman Sikiru, Head Laboratory services, DPR, Dr. Musa Zagi Deputy Director/Head HSE DPR, Mr. Paul Osu, Head Public Affairs, DPR during the opening of the exhibition stand at the DPR 3rd oil and gas industry laboratory stakeholders workshop In ensuring industry ethical standard and best practices, the Acting Director of Department of…
Members of the Edo State Civil Society of Organisations (EDOSCO) on Tuesday staged a protest against the claim by the management of the Benin Electricity Distribution Company (BEDC) that it had distributed 190, 000 meters to customers in the state. The group who protested around the city centre, alleged that the claim by the utility…
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains. Brent crude futures LCOc1 rose 57 cents to 59.82 dollars a barrel by 0852 GMT, while U.S. West Texas Intermediate crude…
