Mr Mike Sangster, Managing Director, Total E&P Nigeria Limited, says a progressive Petroleum Industry Bill (PIB) can be the catalyst needed to drive investment in Nigeria’s oil and gas industry. Sangster spoke on Wednesday during a panel session at the ongoing Fourth Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos. The review…
The Civil Liberties Organisation (CLO) has commended National Electricity Regulatory Commission (NERC) for implementing policies and programmes to that would ease economic pangs of millions of indigent Nigerians. The Chairman of CLO in Anambra, Mr Vincent Ezekwueme, made the commendation on Wednesday while speaking in Enugu. Ezekwueme spoke on the new NERC policies banning estimated…
The Jos Electricity Distribution Company (JEDC), in charge of electricity distribution in Plateau, Gombe, Benue and Bauchi, has proposed a 10.5 percent tariff increase. The Head, Corporate Planning and Strategy, Mr Oluwashola Ajala, disclosed this on Wednesday in Jos, during a customers’ consultative forum, organised by JEDC. Ajala explained that it was pertinent to increase…
The Department of Petroleum Resources (DPR), has sealed off five cooking gas dispensing stations in Kabba, Kogi West Senatorial District, for operating in unsafe environment and without licence. Mr Zangi Mohammed, Operations Controller, Lokoja Field Office of the DPR, conducted the raid on the illegal stations in a surveillance exercise on Wednesday. The controller lamented…
The House of Representatives says it is committed to ensuring that agreements between oil companies and host communities are enforced and the communities are granted their dues. Speaker of the house, Mr Femi Gbajabiamila said this at the public hearing of the committees on Treaties, Protocols and Agreements and on Petroleum Resources (Upstream) on Tuesday….
Ikeja Electric (IE) says it is designing a proposal to refund its customers for prepaid meters procured under the ongoing Meter Assets Provider (MAP) scheme. Mr Felix Ofulue, Head, Corporate Communications, IE, made this known in Ikeja on Tuesday. Ofulue said that the proposal was, however, subject to the approval of the Nigerian Electricity Regulatory…
… Explores floating of Ship Repair Centre in Nigeria under a PPP Arrangement_ The Shipowners Association of Nigeria (SOAN) led by its President, Dr. Mkgeorge O. Onyung paid a high-value visit to the Honorable Minister of State for Petroleum Resources (HMSPR), H.E. Chief Timipre Sylva. The conversation centered on the need to synergize on building…
The Nigeria Liquefied Natural Gas (NLNG) Limited on Tuesday said it supplied 275,000MT of Liquefied Petroleum Gas (LPG) to the domestic market in 2019. Mr Tony Attah, Managing Director, NLNG, made this known during a panel session at the ongoing Fourth Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos. The session had…
African Petroleum Producers Organisation (APPO) has called for more collaboration among African countries in order to maximise the continent’s oil and gas potential for the benefit of its citizens. Dr Omar Ibrahim, Secretary General, APPO, made the call on Tuesday at the Fourth Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos. The…
Electricity Generation Companies (GenCos) comprising gas-fired and hydro stations said that they could not generate 3,060.5 megawatts of electricity on Monday due to unavailability of gas. This information was made known in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained in Abuja on…