Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum Resources said on Monday. The Director, DPR, Mr Mordecai Ladan, said the oil and gas industry seemed to be under a new threat, which he described as the renewed dislike and…
I am pleased to bring you the warm greetings and felicitations of President Muhammadu Buhari on this occasion of the opening ceremony of the 18thInternational Health Safety and Environment (HSE) Biennial Conference on the Oil & Gas Industry in Nigeria. It is noteworthy that the theme of the conference which is centred around sustainability dovetail’s…
It gives me great pleasure to welcome you to this 18th edition of the International Biennial Health Safety & Environment (HSE) Conference on the Oil and Gas Industry in Nigeria. We are honoured that you accepted our invitation to participate in and contribute to this HSE conference despite your other important commitments and service to our dear…
There are indications that the Lagos Deep Offshore Logistics (LADOL) has terminated the operating licence of Africoat, an indigenous company from its dockyard, barely two months after Samsung Heavy Industries Nigeria (SHIN) Limited, was banished from the same facility. Investigation by The Daily showed that the latest development, has threaten to scare investors from investing…
1. On November 25 2018, average energy sent out was 3,898MWh/hour (down by 134.33MWh/h from the previous day) 2. 2,144.2MW was not generated due to unavailability of gas 3. 112.5MW was not generated due to unavailability of transmission infrastructure, while 70MW was not generated due to high frequency resulting from unavailability of distribution infrastructure 4….
Green Keeper Africa has propagated the use of water hyacinth-based absorbents as instrument for tackling oil spill in Africa. The company which displayed various products at the on-going International Biennial Health Safety and Environment at Eko Hotel, Lagos, Nigeria, disclosed that: “GREEN KEEPER AFRICA is a company based in Benin Republic which develops sustainable solutions…
OPEC daily basket price stood at $60.27 a barrel Friday, 23 November 2018, compared with $62.08 the previous day
1. On November 26 2018, average energy sent out was 4,131MWh/hour (up by 237.16MWh/h from the previous day) 2. 2,540MW was not generated due to unavailability of gas 3. 112.5MW was not generated due to unavailability of transmission infrastructure, while 207MW was not generated due to high frequency resulting from unavailability of distribution infrastructure 4….
The minister of state for Petroleum Resources, Dr. Emmanuel Kachikwu and Saudi Arabian Energy Minister Khalid al-Falih have concluded plans to meet over instability in the international market as oil price drops to $60 per barre. Investigation by The Daily showed that the crucial engagement will take place in Abuja, Nigeria, tomorrow, November 28, 2018….
Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure development finance institution in Africa, is pleased to announce it is to invest in the Nachtigal Hydro Power Company (“NHPC”), located 65KM north of Yaounde in Cameroon. The EUR 1.2 billion power generation project will consist of a 420MW hydro-electric power station as well as…