Energy

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.

NNPC warns job seekers of recruitment scam

The Nigerian National Petroleum Corporation has again announced that it never inaugurated a recruitment campaign of any kind, as it warned job seekers to avoid being scammed.

Nigeria has lost N11trn to power sector corruption – Don

Nigeria has lost a whooping N11 trillion to corruption in the power sector since 1999, a university lecturer, Dr Yemi Oke, said on Wednesday in Lagos.

Agencies agree on oil revenue management, governance

Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.

IBEDC to distribute prepaid meters in Kwara soon

The Ibadan Electricity Distribution Company (IBEDC) says it will soon commence the free distribution of prepaid meters to electricity consumers in Kwara State.

Chevron wins multiple awards at SPE’s international conference, exhibition

Chevron Nigeria Limited on Wednesday lauded its team for winning multiple awards at this year’s Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos.

States forfeit $250m NLNG dividends – NSIA

The Nigeria Sovereign Investment Authority, NSIA, yesterday, disclosed that the 36 states of the federation forfeited their share of the 2016 dividends of the Nigerian Liquefied Natural Gas, NLNG, for reinvestment purposes.

Power generation stagnates at 2,503gwh in Q2

Electricity generation statistics for second quarter (Q2) of 2017, showed a total average of 2,503 Giga watts hour (GWh) of energy was generated by power stations in Nigeria.

Chevron spends $2.5bn on Nigerian local content initiative

Chevron Nigeria Limited (CNL) said it spent $2.5 billion on local content development in Nigeria’s oil and gas sector, representing 65 per cent of the total Nigerian goods and services expenditures for the year.

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Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.