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By naec
In Oil and Gas
Dec 9th, 2017
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2 Views
The international oil company, TOTAL is currently developing two new oil fields offshore Nigeria and in Angola, both calculated to produce 80, 000 barrels of crude oil per day. The projects located at Ikike field, in shallow waters of the Niger Delta, and Zinia phase 2 in deepwater Angola, will deliv...
By naec
In Oil and Gas
Dec 9th, 2017
0 Comments
1 Views
The Nigeria Liquefied Natural Gas, NLNG, has committed to supply 350,000 metric tonnes of Liquefied Petroleum Gas, LPG, also known as cooking gas to the domestic market on a yearly basis. NLNG Manager in charge of Sales Administration, Mr. Ahmed Joda said this during a presentation titled “Unlocking ...
By naec
In Oil and Gas
Dec 9th, 2017
0 Comments
1 Views
Petrolex Oil and Gas Limited, Africa’s emerging indigenous energy giant, is set to launch its ultra-modern tank farm facility on 12, December 2017, at Ibefun, Ogun State as part of Petrolex Mega Oil City, planned to revolutionise the Nigerian oil and gas landscape. A first of its kind in sub-Saharan ...
By naec
In Power
Dec 9th, 2017
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1 Views
The Nigerian Electricity Regulatory Commission (NERC), has reviewed penalties for electricity customers involved in unauthorised access to electricity supply by tampering and meter bypass by electricity. The review according to the Commission was undertaken following several complaints it received co...
By naec
In Oil and Gas
Dec 9th, 2017
0 Comments
1 Views
Apapa is home to two of Nigeria’s busiest seaports, several tank farms and a number of big companies. Business activities in the area are a big component of Nigeria’s economy, however, despite its importance, the deplorable condition of Apapa—caused overtime by the failure of government to expand inf...
By naec
In Solid Minerals
Dec 6th, 2017
0 Comments
7 Views
The Ministry of Mines and Steel Development has described the publication of the BUA Group cement as an unwarranted campaign of calumny against it and the office of the Minister. The Permanent Secretary of the ministry, Alhaji Mohammed Abass, said in a statement in Abuja that the publication by the c...
By naec
In Power
Dec 6th, 2017
0 Comments
6 Views
The House of Representatives announced on Tuesday that it will investigate the delay in the execution of $300 million Nigeria Electricity and Gas Improvement Project (NEGIP) by the Transmission Company of Nigeria (TCN). In a resolution which followed a motion on matters-of-urgent-public-importance by...
By naec
In Oil and Gas
Dec 6th, 2017
0 Comments
6 Views
The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being witnessed across the country does not extend beyond this weekend. The directive was given to the minister on Wednesday during the weekly meetin...
By naec
In Oil and Gas
Dec 6th, 2017
0 Comments
5 Views
The Department of Petroleum Resources (DPR) has compelled private depots with products to give priority to Lagos State in order to end the present scarcity of petroleum in the country. Mrs Ijeoma Otti-Onyeri, the Assistant Director, Retail Outlets Monitoring, Downstream Division, DPR gave the order d...
By naec
In Oil and Gas
Dec 4th, 2017
0 Comments
5 Views
A leading indigenous energy firm, Forte Oil Plc, has commissioned alternative solar energy solution tagged ‘Green Energy’ solution for medium income earners. Speaking during the launch, the Group Chief Executive Officer  (GCEO), Forte Oil Group, Mr. Akin Akinfemiwa, stated that “we ...