Nigeria missing as AOP unveils Oil & Gas Investment reports of other nations
Africa Oil and Power’s (AOP), a strategic industry Africa Energy Series (AES) reports are set for launch at the 2019 AOP conference in Cape Town. Accordingly, Petroleum ministers from South Africa, Senegal, Angola, and Equatorial Guinea will present their country-specific…
Dangote’s ‘big masquerade’ swallowing modular refinery licensees’?
Ever since indications emerged clearly that Dangote Industries Limited, owners of Dangote Refinery in Lekki are determined to deliver the multibillion dollar scheme on record time irrespective of hiccups, shocks seem to have engulfed the spines of over 44 modular…
NASS directs committees to drill seven IOCs over none remittance of over $21bn
The Nigerian Senate Wednesday, charged three key committees to review the activities of seven international oil companies (IOCs) operating in Nigeria over their official silence and refusal to remit about $21 billion to the national treasury. The resolution followed a…
Gencos copies Buhari, Osinbajo petition to NERC, says 0.75% charge toxic
The crisis rocking the nation’s energy sector may be multiplying following the copying of a recent petition written by the body of power generation companies to the Presidency and other relevant agencies of government. The body had before the end…
(Special Report): NCD: A review of Chevron’s accomplishments, commitment
No doubt, one company that had imbibed the Local/Nigerian Content Development (NCD) philosophy well before the Nigerian Oil and Gas Industry Content Development Act (NOGICD Act) was enacted by the Government is Chevron. Chevron Nigeria Limited (CNL), Operator of the…
In line with court ruling, Rivers acquires Shell’s 45 percent interest in OML 11
Oil revenue coming to the Rivers State is set to soar following the acquisition in line with complementary court rulings both in Nigeria and UK of 45 per cent interest of Shell Petroleum Development Company of Nigeria in Oil Mining…
Lack of electricity discouraging local, foreign investments flow — Alakija
Top flight billionaire indigenous entrepreneur and founder, Folorunso Alakija Skills Acquisition Center (FASAC), Folorunsho Alakija has opened up saying the rhetoric defence of the current administration on why there has been no steady power is no more acceptable. She argued…
Indigenous player, Petrocam dreams 50 fuel stations by end of 2024
New entrant to the nation’s downstream petroleum marketing space, Petrocam Trading Nigeria Limited, has drawn a long-term expansion plan that will see it jumping number of fuel stations across the country to 50 outlets by 2024. Giving the cheerful details…
Opportunity for youths as AEC open entries for 2020 Fellowship Program
In order to provide young energy professionals with the tools and experience to become future leaders across the industry, the African Energy Chamber (AEC) is launching its first Fellowship Program in 2020. AEC is like a chartered institute of energy…
‘Tying access of N600bn power fund to new 0.75% admin charge on gas Greek gift’
Body of power generation companies (Gencos) under the auspices of Association of Power Generation Companies (APGC), has rejected the sudden introduction of 0.75 percent ‘unregulated’ administrative charge for gas supply transactions being introduced by the Nigerian Bulk Electricity Trading Plc…
