NGFCP boss set for US to address EFI summit on gas commercialization
Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Justice Derefaka will once again; be in the United States of America this week to address global investors in gas commercialization. This is coming barely one month after he took the campaign…
S’Africa working on new template for oil and gas investors, energy mix
Following South Africa’s approval of its revised Integrated Resource Plan (IRP2019), the African Energy Chamber (AEC) is optimistic about investment prospects and energy sector growth in the country. NJ Ayuk, Executive Chairman at the African Energy Chamber and CEO of…
Is Discos deceiving critics with sudden N935bn five-year investment plans?
There are strong speculations that the recent indication that electricity distribution companies (Discos) are set to invest N935bn in their networks stemmed from unprecedented complains and outcries of both the Transmission Company of Nigeria (TCN) and even generation firms. However,…
Availability meets demand, drags down price of cooking gas in Nigeria
Strong indications have emerged suggesting that the massive awareness on the beauty of clean energy use in domestic cooking in Nigeria have started yielding results as more Nigerians both in urban and rural settings are now shifting to use of…
In last five years, Total E&P invested over $10bn in Nigeria operations—Nnadi
The Executive General Manager, CSR, Total Eand P Nigeria Limited, Vincent Nnadi has revealed that the International Oil Company (IOC) has spent well over $10 billion across its operations in Nigeria within the last five years. Speaking at a press…
Seplat completing moves to acquire N174.2bn Eland Oil and Gas Plc
Performing indigenous oil and gas group, Seplat said via a notice at the Nigerian Stock Exchange (NSE) earlier in the week, revealed that is has made final investment decision on buying over Eland Oil to deepen undertakings in the nation’s…
NNPC assures NASS of reviving refineries, silent on delivery time
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari has once again assured Nigerians that the Corporation has the best hands to revive the moribund national refineries, but failed to either give details of renewal plans…
Julius Berger oil & gas coming
In line with its strategic partnership and joint investment agreement with Petralon Energy for the acquisition and development of oil fields in Nigeria, leading construction giant, Julius Berger Nigeria Plc, has notified the Nigerian Stock Exchange (NSE) of readiness to…
90% of Nigerians lacks stable electricity, says Schneider Electric
The Managing Director, Anglophone West Africa of Schneider Electric, Mr Christophe Begat has raised an issue of urgent national importance, saying “About 90 per cent of Nigerians do not have access to safe, efficient electricity and this is a challenge…
Season of LNG deals in Nigeria as ExxonMobil, firm Seal $406m supply contract
Barely few days Chevron, NLNG signed GSAA with refineries, manufacturing and power generating firms on supply of gas, Exxon Mobil Corporation’s subsidiary, SeaRiver Maritime has concluded $406.2million two new LNG carriers deal. According to the company, each of the LNG…
