NDPHC Emerges Winner of NPS Project of the Year Award Niger Delta Power Holding Company (NDPHC) Limited has emerged winner in the Project of the Year category of the maiden Nigeria Power Sector (NPS) Awards 2022 for 2X150MVA and 2x60MVA 330/132/33KV Lafia transmission substation. The Power Sector Awards is an initiative designed to recognize, celebrate…
OPEC Daily Basket Price Closes at $79.93 Per Barrel The price of OPEC basket of thirteen crudes stood at $79.93 a barrel on Monday, compared with $83.80 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo),…
100+ Unmanned Vessels to be Deployed in Gulf Region’s Strategic Waters A US-led task force will deploy over 100 unmanned vessels in the Gulf region’s strategic waters by next year to stave off maritime threats, the US Central Command chief said Saturday. The announcement by General Michael Kurilla at the annual Manama Dialogue conference in…
OML 130 Partners Commission CSR Projects in Seven States In furtherance of its corporate social responsibility, NNPC, TotalEnergies and partners have commissioned projects in Osun, Kwara, Imo, Enugu, Anambra, Benue and Rivers States. The projects range from fully equipped solar borehole and water treatment plants, women development and skills acquisition center, solar-powered science laboratory, mammography…
Seplat Energy wins Highest Net Asset Ratio Award at The Pearl Award 2022 Seplat Energy Plc, a dual listed energy company, has emerged winner of the tensely coveted ‘Highest Net Asset Ratio’ award at The Pearl Award 2022. The energy company was announced winner by the organisers of the award at a ceremony held in…
Heritage Energy, Joint Venture Partners Conduct Scholarship Selection Tests for OML 30 Community Beneficiaries Over 300 participants from 112 host communities Lagos, Nigeria, 29th November 2022: Heritage Energy Operational Services Limited (HEOSL), Operator of the OML 30 Joint Venture (JV) between NNPC E&P Limited (NEPL) and Shoreline Natural Resources Limited (SNRL), on behalf of…
Ikeja Electric bags Best Performing Disco, Most Gender Diverse Utility Company in 2022 Ikeja Electric Plc (IE) has emerged the Best Electricity Distribution Company of the year and Most Gender Diverse Utility Company while the Board Chairman of the company and Executive Director of Sahara Group, Kola Adesina bagged the Power Sector Lifetime Achievement awards…
MER Nov. 2022 The price paid for industrialization and sustaining an average lifestyle in post-industrial age includes the 420ppm carbon dioxide (CO2) in the atmosphere today. Other heat-trapping greenhouse gases like methane and nitrous oxide abound still. Statista reveals that energy consumption per capita in Iceland is over 52,000 kilowatt-hours. That’s a far cry from…
Buhari Flags off Drilling For Oil Within Kolmani Field in Bauchi, Gombe President Muhammadu Buhari flagged off the drilling of oil and gas within Kolmani oil field in northeast Gombe and Bauchi states, which has a reserve of up to 1 billion barrels of crude, on Tuesday. “We are pleased with the discovery of over…
Damage to Electricity Infrastructure, Ikeja Electric Cautions against Reckless Driving In a continued effort to ensure safety and protection of electricity infrastructure in its coverage area, Ikeja Electric Plc has cautioned commuters against reckless driving occasioning damage to its electricity assets; which consequently leads to total blackout in some communities within its network. The Head…
