A subsidiary of Chevron, the third-largest oil producer in the country and one of its largest investors, spending more than $3 billion annually has commenced drilling operations in the Agbami field offshore Nigeria using the Pacific Bora drillship. &nb...
The United States government has expressed its willingness to support Nigeria in its quest to end gas flaring. This assurance was given by the US special envoy and Coordinator for International Energy Affairs, Ambassador Carlos Pascual, recently at the...
The Federal Government has been advised to improve in the management of its oil revenue so that the benefits of oil exploration and production could trickle down to the lowest class of people in the country. This counsel was given by the chairman, Parl...
The Nigerian Content Development and Monitoring Board, (NCDMB) said it has developed the Annual Nigerian Content Index, which would index the growth of service companies against their turnover of three preceding years to be carried as 25 per cent compo...
The Minister of Power, Prof Barth Nnaji, has said that the federal government has concluded planes commence a power load study that would last for about six months. Nnaji, who stated this yesterday in Abuja while receiving a United States delegation, a...
As part of efforts towards tackling problems caused by lack of natural gas in the country, Oando Gas and Power Plc, a subsidiary of Oando Plc, has entered into partnership with the Rivers State government to operate the state gas infrastructure in Port...
The Nigerian Electricity Regulatory Commission (NERC) has challenged the German engineering company, Siemens, to transcend its engineering procurement contract business interests in Nigeria to become an active operator in the country’s power sect...
In a bid to further strengthen the implementation of the local content policy, the Nigerian Content Development and Monitoring Board (NCDMB) has issued a directive barring oil and gas operators and contractors in Nigeria from importing any oil sector e...
The Nigerian Content Development and Monitoring Board (NCDMB) and Petrobras, the Brazilian national oil company, have begun a collaboration and exchange programme towards boosting local content development and employment generation in the Nigerian oil ...
For many Nigerians, the recent increase in electricity tariff by the Federal Government would have been more reasonable with improved service delivery even as question as to why the supply of pre-paid meters was stopped keeps begging for answers. JULIE...
NNPC mega stations operating in Bauchi metropolis and its environs have been taken over by touts and black market operators who virtually control the movements of vehicles in and out of them.
Communities around the Ibom Power Plant have complained of unsteady power supply in spite of assurances of improved power supply by the Akwa Ibom Government.