Don Bossco Academy, Ekpoma, Edo on Friday, emerged winners of the 2019 edition of the annual Seplat Pearls Quiz competition. Don Bossco Academy defeated students of Peniel Academy Agbor, Delta, with 74 points to 58 points at the finals of the competition, which held at Imaguero College, Benin, Edo. Deeper Life High School, Opete, Delta,…
Mr Kola Balogun, Chairman, MOMAS Electricity Meter Manufacturing Company (MEMMCOL) has urged the Federal Government to sanction Meter Assets Providers (MAPs) that contravene the Power Sector Local Content Act. Balogun made the call on Friday in Lagos, while reacting to the massive importation of electrical equipment into the country; which contravenes the Executive Order 5….
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said that they could not generate 2,238 megawatts of electricity on Thursday due to unavailability of gas. This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained in Abuja on Friday. The…
Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market. In the latest sign of economic weakness that has prompted lower oil demand projections, employment in Germany’s…
The Ibadan Electricity Distribution Company (IBEDC) has called for the use of cost-reflective tariffs to enable distribution companies to make commensurate gains on their investments. Mrs Busolami Tunwase, the IBEDC Media Officer, gave the advice in Ibadan on Thursday. “What the DISCOs are clamouring for, right now, is to have a cost-reflective tariff; like you…
The Department of Petroleum Resources (DPR) has urged operators in the oil and gas sector to adhere strictly to the global best practices in the operation of their businesses. Mr Antai Asuquo, the Operations Controller, Warri Zonal Office of the DPR, gave the advice on Thursday at the regulatory agency’s “Annual Tripartite Regulatory Meeting” in…
South Sudan is preparing to restart production in various oil fields, including Block 5A operated by Sudd Petroleum Operating Company. A new discovery in the Dar Petroleum Operating Company-operated Adar field will drive investment into the country. Juba will host the third edition of South Sudan Oil & Power (SSOP) 2019, produced by Africa…
TheDepartment of Petroleum Resources (DPR) says it is working to ensure that only trucks that scale integrity tests and have good tracking system are deployed for petroleum haulage on Nigerian roads. The Acting Director, DPR , Mr Shakur Rufai made the disclosure at the agency’s 2019 stakeholders’ Annual General Meeting (AGM) on Thursday in Lagos….
President Muhammadu Buhari says fresh energy will be injected into Nigeria-Russia relations to bolster an age-long relationship that has been mutually rewarding and promising. The Presidential aide, Malam Garba Shehu, quoted Buhari as saying this at the second plenary of the Russia-Africa, where more than 40 leaders are participating, at Sochi, Russia, on Thursday. The…
The Department of Petroleum Resources (DPR), said it will open an office in Yobe to effectively monitor activities of marketers, after sealing one petrol station for malpractice and poor environment. Mr Idris Zoaka, North East Zonal Operations Controller stated this in Damaturu on Thursday during a sensitization and inspection tour of petrol stations in the state….