The President of the Nigerian Society of Engineers, Engr. Kashim Abdul Ali, has said local engineers hold the magic wand to resolving the country's perennial power challenges, if given more roles to play by the government.
In line with its objective of increasing exploration and production of hydrocarbon resources with a view to growing the nations oil reserves to 40million barrels of crude, the Federal government on Tuesday renewed the leases of OLS 67, 68 and 70 shallow waters with Mobil Producing Nigeria Unlimited, under the NNPC/Mobil Producing Nigeria Joint Venture operation.
IN less than four weeks, the December 31 deadline target by President Yar'Adua government to give Nigerians 6000megawatts electricity will elapse and as expected, evidence on ground indicate that the government fell far bellow the target. One group which right from the onset and consistently dismissed the target is a mirage, is the organized labour in the sector.
ABUJA In a bid to put to rest the perennial artificial fuel scarcity in the country, the Nigerian National Petroleum Corporation (NNPC) said, Thursday, it has concluded arrangements with some Independent Marketers to take over their filling stations in order to sustain steady fuel supply.
DR. Emmanuel Eweta Uduaghan, is the executive governor of Delta state, a major oil and gas producing state noted for several positives but like its neighbouring states often caught in the eye of the storm militancy, pipeline vandalism and piracy.
OIL producing communities in Edo State have condemned what they described as deliberate exclusion of their people from the post-amnesty committee set up by the federal government.
With barely a month to the end of the deadline by the Federal government for the actualization of 6,000 megawatts of electricity across the country, it is not surprising that the major actors on the scene are beginning to look askance, and seek plausible excuses and explanations for why the arrow is far from hitting the target.
By January 2010, about four weeks from now, Nigerians will start feeling the impacts of the Vision 20:2020, the Chairman of the Business Support Group of the Vision, Alhaji Umuru Mutallab, CON, said in this interview. Vision 20:2020 sought to accelerate the pace of the country's growth & development and make it among the world's twentieth economies by the year 2020. Mutallab said for the ...
Total Gambia Limited, Subsidiary of Total France on Saturday November 21st held a day's training session for it staff in the conference hall of the prestigious Senegambia Beach Hotel located in Kololi.
THE Ministry of Power has signed a contract for the construction of a Dual Thermal Plant using Low Pour Fuel Oil (LPFO) and Natural Gas, to be located in Kaduna, with General Electric and Rockson Engineering Nigeria Ltd Consortium.
Year end signals from the insurance sub-sector indicate that the Nigerian insurance market will key into a government-backed growth initiative in the energy sector to expand participation in the energy sector and grow premium income.
For some years now, the Niger Delta has been literally turned to a war zone as militants held the nation to ransom.
The proposed reform of the nation's oil and gas sector could get underway with the planned passage of the Petroleum Industry Bill by the National Assembly before the Christmas holidays begin.
Nigeria has been elected a member of the Executive Council of the African Federation of Utility Regulators (AFUR) at the just concluded 6th conference of the body that held in Abidjan Cote D'Ivore.
Projects worth N215 million have been inaugurated by Nembe community in Bayelsa State and Shell Petroleum Development Company of Nigeria Ltd (SPDC), the company has disclosed.
FOR a man saddled with the arduous task of superintending the beleaguered Nigerian power sector, Dr. Lanre Babalola, Nigeria's Minister of Power always wears a gentle unperturbed mien.
THE Federal Government has failed to deliver on its planned target to generate 6000 Megawatts (MW) of electricity for the national grid by December 2009, even as the Ministry of Power bandies excuses over this failing, pleading gas supply inadequacy, sabotage, the Niger delta crises, etc.
More than 400 pipelines have been destroyed in Nigeria's oil rich Niger Delta region in the last two years, the Lagos-based Vanguard newspaper reported on Monday.
THE religious leaders under the Uganda Joint Christian Council have urged the Government to reveal the details of the oil deals it signs with foreign companies.
Oil and gas companies operating in Nigerian deepwater have invested over $21bn in the development of oil blocks under the Producing Sharing Contract (PSC), the Managing Director of Chevron Nigeria Limited, Mr. Andrew Fawthrop has said.
The Federal Government said it is willing to collaborate with the government of Uganda to develop its budding oil industry. Minister of state for Petroleum Odein Ajumogobia said the assistance will demonstrate Nigeria's commitment towards promoting the ideals and objectives of the New Partnership for Africa Development (NEPAD) and the African Union.
Senate Leader Teslim Folarin at the weekend in Ibadan spoke on the advantages of the planned oil sector deregulation, allaying the fears of Nigerians on the proposed deregulation.
Long queues of motorists waiting to buy fuel have resurfaced at filling stations around Abuja city centre.A check by our reporters showed that most major filling stations, including Conoil at Utako did not sell fuel to motorists' yesterday morning.
The Federal government has assured that the country would meet its aspiration to grow its oil reserve to 40billion barrels by next year.
The nation's daily oil production has slot up to 2.4 million barrels per day as against the less than 1 million per day before the amnesty.
