Archive for October, 2020

Silhouetted electricity pylon grid

Nigeria considers supplying electricity to Chad

Energy, Power October 26, 2020 at 1:10 pm Comments are Disabled

The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country.   The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities of connecting Chad to the national grid.   Nigeria,Read More

NNPC

NNPC To National Oil Firms: “Set Aside Risk Funds”

Energy, Oil & Gas October 26, 2020 at 1:05 pm Comments are Disabled

Nigerian National Petroleum Corporation has urged national oil companies to set aside risk funds to minimise the impacts of unforeseen events.   The NNPC’s Group Executive Director, Umar Ajiya, said this during a dialogue on responses by governments and the oil industry to the COVID-19 pandemic in the extractive sector.Read More

Shell

NOSDRA Subjects Shell’s “Leaking” Pipeline To Third-Party Examination

Energy, Oil & Gas October 26, 2020 at 12:58 pm Comments are Disabled

In a bid to resolve the dispute on the cause of a Nov 12, 2019 leak at Shell’s oilfields in Bayelsa State, the National Oil Spills Detection and Response Agency (NOSDRA) said it has subjected a section of the 14″ Okordia-Rumuekpe pipeline to a third-party examination.   This is especiallyRead More

NIPCO Converts 6,000 Vehicles To Run On Gas

NIPCO Converts 6,000 Vehicles To Run On Gas

Energy, Oil & Gas October 26, 2020 at 12:48 pm Comments are Disabled

So far, about 6,000 vehicles have been fitted to run on gas since 2009 when the initiative was launched in Benin, Edo State, NIPCO Plc has disclosed.   The oil firm said it is committed to ensuring that more vehicles run on gas so as to improve efficiency and guaranteeRead More

Azura Edo power plant

New Power Projects To Cost Nigeria $519 Million

Energy, Power October 26, 2020 at 12:37 pm Comments are Disabled

The Federal Government, has concluded arrangements to invest N198.28 billion (US$519.69 million) on various capital projects in the power sector in different parts of the country in 2021.   The projects is expected to further improve the country’s power generation capacity and distribution efficiency which has for a long timeRead More

PENGASSAN reteriates support for ENDSARS protest

PENGASSAN reteriates support for ENDSARS protest

Energy, Oil & Gas October 20, 2020 at 8:48 am Comments are Disabled

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has said it stands in solidarity with all well-meaning Nigerians, as they peacefully demand that the Nigerian government puts an end to brutality in all and any form by any organisation or sector. In a release signed by itsRead More

NOGICD Act amendment: NCDMB, PETAN, OPTS, others oppose increase of Content Fund to 2%, Commission Bill

NOGICD Act amendment: NCDMB, PETAN, OPTS, others oppose increase of Content Fund to 2%, Commission Bill

Energy, Oil & Gas October 20, 2020 at 8:11 am Comments are Disabled

The Nigerian Content Development and Monitoring Board, NCDMB and key organisations in the oil and gas industry – the Petroleum Technology Association of Nigeria, PETAN, Petroleum Contractors Trade Section, PCTS, Oil Producers Trade Section, OPTS and the Nigeria LNG Ltd have advised against increasing the percentage of the Nigerian ContentRead More

MOMAN Chairman, Oyebanji

Deregulation: Nigeria to become refining hub- MOMAN

Energy, Oil & Gas October 19, 2020 at 12:43 pm Comments are Disabled

Nigeria stands to become the refining haven for Africa if it allows full deregulation of the downstream sector. The above assertion was made by Chairman, Major Oil Marketers Association of Nigeria, MOMAN, Tunji Oyebanji at the maiden webinar session of the Association of Nigerian Energy Correspondents, NAEC held on Friday.Read More

NIPCO assures efficiency of cars running on ga

NIPCO assures efficiency of cars running on ga

Energy, Oil & Gas October 19, 2020 at 12:40 pm Comments are Disabled

…targets more gas-powered vehicles in Nigeria  …lauds govt., assures of easy conversion of cars to run on gas  The Nigerian Independent Petroleum Company, NIPCO has expressed its commitment to ensure that more vehicles run on gas in Nigeria to improve efficiency and guarantee a cleaner environment. The Managing Director, NIPCO GasRead More

FEC approves $2m for West African Power Pool

FEC approves $2m for West African Power Pool

Energy, Power October 15, 2020 at 10:37 am Comments are Disabled

The 19th virtual Federal Executive Council meeting presided over by President Muhammadu Buhari has approved Nigeria’s contribution of $2 million to the 2020 budget of the West African Power Pool (WAPP). Minister of Power, Saleh Mamma, made the disclosure at the end of the meeting held at the Council ChambersRead More