As Forte Oil, Siemens seal deal on upgrade of power plant
Stories by UGO AMADI
Worried about the crises that has plagued the power sector, state governments and organisations are now getting more committed in the generation and distribution of power.
As Stakeholders back illegal refineries
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Aba depot, has tasked the Federal Government to lay fresh pipes on the 54 kilometre Port Harcourt -Aba pipeline route to ensure regular supply of petroleum products to the South East and parts of North Central of the country,
Worries about the widespread hazardous incidents involving nuclear reactors in advanced countries, Nigerian’s plan to build nuclear power plants has raised safety concerns, given the fact that the government has demonstrated a lack of capacity to manage ordinary gas-powered and hydro plants as evidenced in the sale of the country’s power assets.
…First time since inception
For the first time since inception, Nigeria’s largest generation plant, Egbin Power Plc is generating consistently above 1000MW after continuing investment and upgrade activities on the plant by the Sahara Power Group and Korea Electric Power Corporation (KEPCO). Eight years ago, the plant hit the 1000mw mark for barely two hours and never attained it again until now.
Stories by Ugo Amadi
Nigeria and other oil producing nations are expected to bounce back to an increase in oil prices if the latest report of the International Energy Agency (IEA) is anything to go by.
Courier firm, DHL Express, on Tuesday said that the availability and retention of talent was proving to be one of the main challenges facing growth and expansion in Africa.
Zambia has started paying Value-Added Tax (VAT) refunds again to mining companies aiming to put an end to a long running dispute, its mining minister has said,
Health of Mother Earth Foundation (HOMEF), a non governmental organization (NGO) has warned that the creation of a nuclear plant in country would be suicidal given the high level of operational challenges it would face.
The Nigeria Mining Cadastre Office (MCO) says that Dangote Group and six foreign companies are currently raising funds from the capital market to begin full-scale mining this year,
…AS Shell, Chevron conclude sale of 4 OMLs
Stories by Ugo Amadi
Seplat Petroleum Development Company, has said that the country aims to quintuple its daily gas production and almost double daily oil production by 2020.