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Energy

Just in: 2019 NNPC/CNL JV National Scholarship Awards entries begin

As part of its Corporate Social Responsibility (CSR), leading multinational and International Oil Company (IOC), Chevron Nigeria Limited (CNL) has announced commencement of processes leading to award of national scholarship for Nigerian students. In a terse statement made available to…

Aviation fuel analysts link scarcity to landing cost, racketeering, faults NNPC

Just as the Nigerian National Petroleum Corporation (NNPC) Thursday said it had enough stock of aviation fuel to meet the needs of airline operators and other consumers of the product in Nigeria, industry analysts have traced the rising aviation fuel…

NSE bundles Oando Plc from Medium Priced Stock to Low Priced Stock

The Nigerian Stock Exchange (NSE) Thursday announced the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019. The Exchange averred in a terse statement to Business Hilights that “This is in compliance…

Nigerian, foreigner jointly win $100,000 2019 NLNG Science Prize

Advisory board of the Nigeria Prize for Science Wednesday announced the works by Professor Meihong Wang and Mathew Aneke on Carbon Capture, Carbon Utilization, and Biomass Gasification and Energy Storage for Power Generation as the winning works for this year’s…

New Refinery underway in Angola as oil licensing round gets set

Following major economic reforms, Angola’s oil and gas industry is undergoing a big resurgence. The country had on Tuesday, launched the first leg of an international roadshow to promote this year’s oil and gas licensing round even as financial transactions…

Russia’s ROSATOM steps up training of Nigerian youths on nuclear technologies

Leading global giant in nuclear technologies, ROSATOM has sustained its African tailored policy of raising the next generation of nuclear energy technology experts in Nigeria. Already, ROSATOM, the Russia’s state-run nuclear energy corporation, has invited students and young professionals across…

Now is Time to Make Energy Work for Africa

By Prince Arthur Eze It is long past time that we made energy work for Africa. It is past time that Africa’s natural resources benefited Africans; that every African had access to electricity; and that the wealth created by oil…

Shell steps up CSR, gives 13 N’Delta indigenes scholarship to UK varsities

At last, 13 winners of the 2019 Shell Petroleum Development Company (SPDC) Joint Venture overseas postgraduate scholarship for host communities have emerged at the award ceremony in Port Harcourt Business Hilights gathered that the latest awards bring the total number…

PMB, Malami not GEJ responsible for $9billion judgement debt – P&ID

The management of Process and Industrial Developments Limited (P&ID), the very Irish company, pushing for recovery of its $9billion British court’s judgement debt has reacted to the latest position of the Federal Government, saying former President Goodluck Jonathan has no…

MAPR, planned electricity tariff hike anti-Nigerians—CARE alleges

More interest groups have continued to raise objections to the newly introduced Meter Asset Provider Regulations (MAPR) policy and the plan to hike tariff, saying both initiatives’ are anti-poor policies. Latest to join the calls for total review of the…