Seplat Energy Plc, Nigeria’s leading indigenous energy company has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government remain very cardinal. Seplat Chief Executive Officer, Mr. Roger Brown, said this in Abuja […]Read More
Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. IMPROVEMENT IN NIGERIA OIL & GAS “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production […]Read More
NLNG has called for energy security to be made national priority and emphasised the need for proactive measures to protect energy infrastructure and drive sustainable growth. Speaking at NLNG panel session titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier” at the 8th Nigeria International Energy Summit (NIES), Philip Mshelbila, NLNG’s Managing Director and Chief Executive […]Read More
The ample supply to check oil prices despite political uncertainty is imminent as analysts are holding their oil price predictions largely steady as they expect any impact from further U.S. sanctions to be balanced by ample supply and a possible peace deal between Russia and Ukraine, a Reuters poll showed. Ample supply is significant base […]Read More
The Nigerian Federal Government (FG) has disclosed that it owes electricity generation companies (GenCos) and distribution companies (DisCos) over N4 trillion in debt. Adebayo Adelabu, the Minister of Power, made this revelation during the recent public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja. Adelabu explained that […]Read More
Chile power cut, more than eight million households across Chile were left without power on Tuesday afternoon after an electricity transmission line failed, cutting off the electricity supply to much of the country. UNDERGROUND TRAIN SUSPENSION In the capital, Santiago, the entire underground train system was suspended almost immediately. Thousands of people had to be […]Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria’s technical potential for crude oil production stands at 2.24 million barrels per day (bpd), significantly higher than the current production quota of 1.75 million bpd. This announcement was made by Gbenga Komolafe, the Chief Executive of NUPRC, during the ongoing Nigeria International Energy Summit […]Read More
WASHINGTON (AP) — President Donald Trump said Wednesday that he plans to start selling a “gold card” visa with a potential pathway to U.S. citizenship for $5 million, seeking to have that new initiative replace a 35-year-old visa program for investors. “I happen to think it’ll sell like crazy. It’s a market,” Trump said. “But we’ll know […]Read More
The Power Africa Programme has booted African electricity access for over a decade. A US initiative to increase electricity supply in Africa has been dismantled by the Trump administration after more than a decade of work, according to people familiar with the matter. Almost all of Power Africa’s programs have been listed for termination and […]Read More
