Richmond, Virginia, August 15, 2019 – Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Franklin Energy Group (Franklin Energy), a portfolio company of Kohlberg & Company, LLC (Kohlberg), on its sale to Abry Partners (Abry). Franklin Energy is a leading provider of demand-side management (DSM) solutions to utility clients….
With record-breaking US gas production this year, and the promotion of gas as a “cleaner, cheaper” energy source a continued priority for the current White House, the US Department of Energy is now looking towards Africa to develop opportunities in the exploration, production and monetization of LNG. In the words of Energy Secretary Rick…
The Department of Petroleum Resources (DPR), Eket Field Office in Akwa Ibom, says it has uncovered seven illegal filling stations in the state. The Operations Controller of DPR in the state, Tamunoiminabo Kingsley-Sundaye, made the disclosure at the end of the organisation’s routine surveillance in Uyo on Friday. Kingsley-Sundaye said that the illegal stations were…
The Ido-Osi Local Government Area of Ekiti, on Thursday, assured the staff of the council that adequate supply of electricity would be provided to create an enabling environment for the area The coordinating director of the council, Mr Williams Adeola, gave this assurance at a meeting with the heads of department of the council in…
In a report that examines the ways in which renewable energy demand is expected to increase, Bloomberg New Energy Finance (BNEF) finds that “aggressive decarbonisation” will be required beyond 2030 to meet the temperature goals of the Paris Agreement on climate change Focusing on electricity, BNEF’s 2019 New Energy Outlook (NEO) predicts a 62% increase…
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, is to lead other team of discussants to x-ray topical issues in oil and gas industry at the 2019 edition of the Association of Energy Correspondents of Nigeria (NAEC) annual conference. The event, which is scheduled to hold at the…
The Eko Electricity Distribution Company (EKEDC), on Thursday said it had supplied 246,587 customers with prepaid meters out of the 501,532 customers within its network as at August 2019. The General Manager, Corporate Communications, Mr Godwin Idemudia, made this known exclusive interview with TBI Africa in Lagos. Idemudia said the company had engaged the service…
Landlords and residents of Aboru in Iyana Ipaja area of Lagos State have cried out against the “exploitative bills” being issued to the community by Ikeja Electric (IE). Mr Oladele Kayode-Ojo, immediate past Chairman, Valley View Estate Community Development Association, Aboru, said on Thursday that the electricity distribution company was issuing outrageous estimated bills to…
The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves . Group Managing Director of NNPC Malam Mele Kyari, disclosed this when the Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr Lu Yan Ji,…
The Department of Petroleum Resources (DPR) in Bayelsa says it has sealed nine petrol stations and an illegal liquefied petroleum gas (LPG) station in Yenagoa for expired licences and lack of basic operational equipment. The DPR stations on Thursday, when a team of its officials, led by Mr Ibinabo Jack, Head of Operations in the…