PHEDC, Rivers govt partner against structures under high tension power lines

PHEDC, Rivers govt partner against structures under high tension power lines

Mkpoikana Udoma 04 September 2018, Sweetcrude, Port Harcourt — The management of Port Harcourt Electricity Distribution Company, PHED, has entered in a partnership with the Rivers State Signage and Advertisement Agency, RISAA, to check erection of structures under high tension lines by members of the public. RISAA is a government agency that regulates outdoor signage and…

Top 50 brands: Dangote now the most valuable brand in Nigeria

*The Brand Africa 100 ranking is based on a survey among consumers 18 years and older, conducted in 23 countries across Africa 04 September 2018, Sweetcrude, Lagos, Nigeria — Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled at the weekend in Lagos. This is coming barely…

Chinese National Oil Company Guarantees Funding for NNPC’s AKK Project

Chinese National Oil Company Guarantees Funding for NNPC’s AKK Project

L-R: Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru and Assistant President and Board Member of the CNPC, Mr. Wang Shihong at the meeting.   China National Petroleum Corporation (CNPC) has assured the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, of its unflinching commitment towards securing…

Big Barrels: The New Narrative on Africa’s Oil & Gas that is Captivating Global Markets

Big Barrels: The New Narrative on Africa’s Oil & Gas that is Captivating Global Markets

The English version of the book was launched in English in June 2017 at Africa Oil & Power 2017 in Cape Town, and has since become a huge hit in Africa and abroad LONDON, United Kingdom, August 9, 2018/ — A year after its release, the global momentum created by the bestseller on Africa’s oil…

Nigerian crudes snapped up by Chevron, Uruguay’s ANCAP and Indian refiners

Nigerian crudes snapped up by Chevron, Uruguay’s ANCAP and Indian refiners

Demand for Nigerian grades through various tenders this week has helped push diffs higher. A number of refiners have taken cargoes of Nigerian grades, largely Qua Iboe and Agbami, through tenders in the last week or so, after months of favouring U.S. or Middle East grades. Uruguay’s ANCAP, Indian refiners IOC and HPCL and Chevron…

DPR gives reason for prevalence of adulterated petroleum products

DPR gives reason for prevalence of adulterated petroleum products

The Department of Petroleum Resource (DPR) has explained the causes of adulteration of different petroleum products that are used as fuels. Speaking on the DPR Half Hour on Radio Nigeria, the Assistant Director, Safety and Environment, in charge of laboratory services and quality control, Agbada Jerome, confirmed that there is a marginal possibility of having…

Nigeria’s upcoming elections could add to global oil market’s risks

Nigeria’s upcoming elections could add to global oil market’s risks

Upcoming elections in oil producing states Nigeria and Libya may add a new twist to a familiar theme for OPEC. The oil exporting group’s strategy has repeatedly been adapted to suit the unpredictable political environment in these two African producers. Both were excluded from the 1.8 million barrels per day production cut deal agreed by…

Obaseki to finalise investments in Edo refinery, others with China visit

Obaseki to finalise investments in Edo refinery, others with China visit

The Governor of Edo State, Mr. Godwin Obaseki, is finalising investment decisions with partners in China for the development of the Edo Modular Refinery, Benin River Port and the Benin Industrial Park, on the sidelines of the 7th Summit of the Forum on China-Africa Cooperation. The governor is in China, with Nigeria’s President, Muhammadu Buhari,…

Nigeria-centric off grid business models on the increase – All On CEO
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Nigeria-centric off grid business models on the increase – All On CEO

Nigeria’s peculiar challenges with inadequate electricity supplies to a good number of its citizens have led investors and operators to develop and adopt resourcefully tailored business models and renewable technologies to drive up access to electricity in the country, chief executive officer of All On, Dr. Wiebe Boer, has disclosed. Boer, said in the African…

Kainji, Jebba GenCos deliver 24hr electricity to 7 “eligible customer” firms

Kainji, Jebba GenCos deliver 24hr electricity to 7 “eligible customer” firms

Kainji and Jebba hydropower Generation Companies (GenCos), operated by Mainstream Energy Solutions Limited (MESL), have delivered an uninterrupted 24 hour electricity supply to seven firms labelled as ‘Eligible Customers’ with a cumulative 1,162.9 Megawatt Hour (MWH) energy capacity. A daily operational report for energy delivery obtained from the Independent System Operation (ISO) arm of the…