Energy

Shell faults facility shutdown in Rivers, says we’re not the govt

Shell Petroleum Development Company (SPDC) has stated that the company is not the government and therefore does not have the resources to solve world hunger.

Fed govt strips DisCos off metering monopoly

The Federal Government also stated that electricity distribution companies did not have the monopoly of metering.

Fed govt approves N39bn loan for DISCOs for supply of meters

The Federal Government has approved N39bn loan to Electricity Distribution Companies for the supply of meters, Minister of Power, Works and Housing, Mr Babatunde Fashola, has disclosed.

ECOWAS to enhance electricity access by 35% on renewable energy

The ECOWAS Centre for Renewable Energy and Energy Efficiency has reaffirmed its commitment to increase household access to electricity in the sub-region by 35 per cent through renewable energy sources by 2020.

We paid $31bn to fed govt between 2002 and 2016 – SPDC

Shell Petroleum Development Company (SPDC) says it remitted $29.8 billion to the federation account and $1.2 billion to Niger Delta Development Commission (NDDC) between 2002 and 2016.

Shell decries occupation of flow station in Rivers

The Shell Petroleum Development Company (SPDC) has decried what it described as illegal occupation of its Belema Flow Station by indigenes of Belema.

US, fed govt back 20,000bpd oil refinery in Lagos

The construction of a 20,000-barrels-per-day crude oil refinery in Lagos by a Nigerian petrochemical and refining company has received a major boost with the signing of a grant by the United States Trade and Development Agency.

Electricity theft may attract N200,000 in fines

Nigerian Electricity Regulatory Commission is considering a request by one of the existing 11 power distribution companies to increase the penalty for electricity theft from N50,000 to N200,000.

Protesters occupy Shell plant in Nigeria

Hundreds of protesters have occupied a Nigerian oil facility owned by Anglo-Dutch oil giant Shell, demanding that a local company take over its operations, a community leader said Saturday.

Chinese banks to commit $250m to NNPC’s Ajaokuta-Kano gas line

The Nigerian National Petroleum Corporation (NNPC), yesterday disclosed that its Ajaokuta-Abuja-Kaduna-Kano gas pipeline project, often called the AKK Pipeline Project, would receive a funding boost worth $250 million from Chinese banks.

Shell denies allegation of neglect as youths occupy flow station

Shell has denied allegations of neglect levied against it by some members of Kula, Belema communities in Akukutoru local government area, stressing that it had continued to discharge its corporate social responsibilities to communities in the area.

NNPC to expand gas generation, distribution – Baru

The Nigerian National Petroleum Corporation (NNPC) says it has unveiled plans to expand gas generation and distribution in the country to support Federal Government’s plan of generating 10 GigaWatts of electricity.

Power company begins load shedding in Umuahia

He said that the company was allotted only nine per cent of the total energy generated at the national level; “so, our option is to resort to load shedding’’.

Protesters storm Shell crude flow station in Rivers

Hundreds of Nigerian protesters stormed a crude oil flow station owned by Shell in the restive Niger Delta on Friday demanding jobs and infrastructure development, a Reuters witness said.

Kano govt, Dangote sign $150m solar power project

Kano State Government and the Dangote Group, Thursday in Kano, signed a Memorandum of Understanding (MOU) for the proposed construction of a N150 million dollars solar power plant in the state.

Oil climbs to $53 as Saudi Arabia promises further cuts

Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut crude supplies to its prized Asian customers.

DISCO disrtributes150,000 pre-paid meters free

The Port Harcourt Electricity Distribution Company (PHED) said it was currently distributing pre-paid meters free of charge to consumers in Akwa Ibom, Bayelsa, Cross River and Rivers.

Nigeria needs stable power to revive economy – lawyer

Nigeria needs stable and uninterrupted power supply to get out of its current economic challenges, an Ilorin-based legal practitioner, Mr. Kehinde Adekunle has said.

Recent Stories

Customs intercepts elephant tusks, buffalo horns, others

The Adamawa/Taraba Zonal Command of the Nigerian Customs Service (NCS) has seized rare but outlawed items as well as more widely traded but contraband items across the two states constituting the command.

US tech industry leaders: French digital service tax harms global tax reform

Major tech firms and U.S. tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts to reform it.

Femi Adesina, Garba Shehu, Lauratta Onorchie reappointed presidential media aides

Mr. Femi Adesina and Mallam Garba Shehu have been reappointed as Special Adviser on Media and Publicity and Senior Special Assistant on Media and Publicity, respectively by President Muhammadu Buhari.

Floods claim five lives in Jigawa

Thousands of residents have been displaced in Guri, Kirikassamma and Birnin Kudu council areas, the Executive Secretary of the State Emergency Management Agency, Sani Ya’u, told reporters on Tuesday.
All Progressives Congress (APC) National Publicity Secretary, Lanre Issa-Onilu

APC reacts to EFCC raid of former Lagos governor’s home

The All Progressives Congress (APC) has reacted to the search conducted by the Economic Financial Crime Commission (EFCC) at the Epe home of a former governor of Lagos, Akinwunmi Ambode.