The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. It would be recalled that drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari…
The Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva has formerly launched the Operation White Project aimed at entrenching energy security and deepening the drive for transparency. In his inauguration speech, he charged the 89 members of the project team drawn from five Key Agencies, to work assiduously whilst embracing the highest level of accountability,…
Mr Kunle Olubiyo, President Nigerian Consumer Protection Network, a Civil Society Organisation(CSO), has urged Federal Government to establish renewable energy based off -mini grid to increase access to electricity. The renewable energy-based off-grid and mini-grids solutions offer significant opportunity to increase access to reliable electricity services. Olubiyo made the call while reacting to the N10.33 trillion 2020 budget presented…
This is the best chance to get insider knowledge on key opportunities, legislation changes, bidding rounds and more LONDON, United Kingdom, October 1, 2019/ — As ever, Africa Oil Week (www.Africa-OilWeek.com) will be the place for major national roadshows in the oil & gas sphere. 30 ministries are taking part this year, with over…
The AOP conference and exhibition continues until October 11 at the CTICC 1, in Cape Town, South Africa CAPE TOWN, South Africa, October 9, 2019/ — The fourth annual Africa Oil & Power (AOP) (https://AfricaOilandPower.com/) conference commenced in Cape Town, South Africa today: Industry elites gathered to discuss the future of Africa’s energy sector…
The new Senate Committee on Local Content has pledged to support and collaborate with the Nigerian Content Development and Monitoring Board (NCDMB) to strengthen the implementation of Nigerian Content in the oil and gas industry and other key sectors of the economy. Chairman of the Senate committee in the 9th Assembly, Senator Teslim Folarin made the…
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations on Tuesday released an average of 3,436 MegaWatts/Hour of electricity into the national grid. This is according to a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained in Abuja on Wednesday. The report said that…
The Department of Petroleum Resources (DPR) in Bayelsa says it has sealed ten petrol stations and an illegal liquefied petroleum gas (LPG) station in Yenagoa for expired licences and lack of basic operational equipment. The DPR on Wednesday, with a team of its officials, led by Mr Ibinabo Jack, Head of Operations in the state…
The Transmission Company of Nigeria (TCN), says it is transmitting bulk electricity due to damage on its 132 Kilo Volt (KV) underground transmission lines in Abuja. TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah said this in a statement in Abuja on Wednesday Mbah said that the damage was caused by an excavation machine working…
The Nigerian National Petroleum Corporation (NNPC) says it will continue to adopt global approach in its bid to reposition the Oil and Gas Industry in Nigeria. The NNPC Group Managing Director,(GMD), Mala Kyari, said this in a statement by the Acting Spokesman for the Corporation, Mr Samson Makoji in Abuja on Wednesday. Makoji quoted Kyari…