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  • 10 minutes ago Nigeria, others move to address cross-border payment challenges
  • 58 minutes ago Umahi expresses concern over Carter Bridge, FG mulls revamp
  • 1 hour ago Nigeria ‘dead’ before Tinubu took office, says Wike
Home Business Energy (page 15)

Energy

Senate directs NUPRC to resume oversight at oil terminals to curb theft

By Breezynews
24 November 2022
in :  Energy
0
87

The Senate on Tuesday mandated the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to resume full regulatory oversight of all crude oil terminals in Nigeria. This is to curb pipeline vandalism and theft, which has resulted in Nigeria’s failure to meet its OPEC quota between January and July, this year. The major shut-in of well and fields led to lack of …

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Powerelect Nigeria trade fair holds March 2023

By Breezynews
15 November 2022
in :  Energy
0
86

The fifth edition of the Powerelect Nigeria, the international trade fair and conference on power, energy, renewable and electrical industry is scheduled to hold from 27th to 29th March, next year. Powerelect Nigeria 2023 will take place at Balmoral Convention Centre, Victoria Island, Lagos. The largest international trade fair, B2B meeting and conference, Powerelect Nigeria 2023 is curated for the …

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AfDB rallies partners to provide solar power for Africa’s Sahel

By Breezynews
13 November 2022
in :  Energy
0
86

An African initiative to increase solar generation capacity and provide 250 million people across Africa’s Sahel region with electricity access continues to attract financial support from around the world. Launched in 2019 by the African Development Bank (AfDB) Group and its partners, the Desert to Power initiative is designed to make Africa a renewable power house. Desert to Power will develop …

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Realistic fuel price is N210 per litre, marketers say

By Breezynews
9 November 2022
in :  Energy
0
114

The realistic pump price of Premium Motor Spirits (popularly known as petrol) is between N200 and N210 per litre, according to the National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Mike Osatuyi. This is as the stock of petrol by the Nigerian National Petroleum Company Limited (NNPCL) has dipped by 5,481,239 litres, going by industry …

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Book on enduring peace in Niger Delta for launch 14th November

By Breezynews
6 November 2022
in :  Energy, Literary
0
109

The Chief’ Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has described a book to be unveiled on Monday 14th November as “highly innovative and an essential manual for stakeholders in the Nigerian oil and gas industry”. Komolafe spoke glowingly about No Good Deed Goes Unpunished: The Contentious Search for Peace in the Niger Delta, …

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Fuel price hits N200/litre as scarcity lingers

By Breezynews
26 October 2022
in :  Energy
0
88

Premium Motor Spirit (well known as fuel or petrol) sold for between N198 and N200 in Lagos, Ogun, and Oyo States on Tuesday against the official pump price of N165 as more filling stations complained of short supply. Vehicular queues lengthened in the few stations that had supplies while bus stops were crowded by stranded commuters, who were agitated by …

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Epileptic power supply: Experts canvass more investments in infrastructure

By Dele Ogunyemi
24 October 2022
in :  Energy
0
87

The Managing Director of Transcorp Power Limited, Ughelli, Delta State, Mr Christopher Ezeafulukwe has canvassed for massive investment in power transmission and distribution infrastructure in Nigeria saying that this is the feasible panacea to halt the era of epileptic power supply in the country. Ezeafulukwe, who is also the Chief Executive Officer of the company, also advocated that “power transmission …

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Buhari commissions $1b oil terminal in Lekki, Lagos

By Breezynews
22 October 2022
in :  Energy
0
228

President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos on Saturday, saying the operations of the facility have eased congestion in the Apapa area, reduced cost and delivery of petroleum product distribution to many parts of the country. The phase just commissioned requires investments of over $1 billion. It is the initial phase of the …

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Why we located Geometric Power in Aba – ex-Power Minister, Nnaji

By Breezynews
18 October 2022
in :  Energy
0
85

Former Minister of Power, Prof. Bart Nnaji has disclosed that poor electricity supply in the Southeast particularly inspired him to lead a team of Nigerians in setting up a 188-megawatt power plant in Aba, and an electricity distribution company, in the same Abia State city. At the 58th birthday celebration of Abia State Governor Okezie Ikpeazu at his country home …

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NUPRC boss projects Africa’s energy demand to rise by 30% in 2040

By Breezynews
18 October 2022
in :  Energy
0
75

Rapid population growth and industrialisation are projected to strongly drive energy demands —including for fossil fuels — across Nigeria and Africa, according to the Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe. In his keynote address at the maiden annual conference of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) in Abuja on Tuesday, Komolafe …

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