Tag: Industry News
Ontario Oil Denies Fraudulent Sales of Petroleum Products
The management of Ontario Oil and Gas Limited has denied any fraudulent transactions of refined petroleum product as alleged by a Bank.
Fielding questions from...
Vitol Says Oil Deal with Noble Group is ‘Complicated‘
Vitol Group’s negotiations to buy Noble Group Ltd.’s oil trading unit are “very complicated” and may not end in a deal, the chief executive...
Nigeria’s House of Reps Set to Investigate INTELS Contract Termination
By Oge Obi
Nigeria’s House of Representatives, after a heated debate on the alleged unlawful termination of the Integrated Logistics Services' (INTELS) pilotage agreement with...
“We Need an Ecosystem That Educates, Enlightens, Empowers, Engages and Creates...
Dr. Ibilola Amao is the Principal Consultant of Lonadek. She is an alumnus of Manchester Business School, Bradford University and Queen Mary College, University...
How Nigeria ought to have developed with oil money – NNPC...
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has lamented that Nigeria with oil ought not to be economically...
Axxela invests N216bn to boost gas infrastructure in Nigeria – Osunsanya
Axxela Limited, an indigenous gas player, has spent a whopping N216 billion ($600 million) in the development of over 260 kilometres of gas pipeline...
Ghanaian Head Coach to invest €14.5M in solar equipment factory
Kwesi Appiah, coach of Ghana’s national football team, the Black Stars, has announced that he wishes to build in Ashaiman, in the Greater Accra...
Niger and Benin Republics settle $64 million Power debt to Nigeria
Settling a debt for power supplied, Niger and Benin have paid Nigeria $64 million (CFA35 billion). This was disclosed by Babatunde Fashola, Nigeria’s minister of...
BNP Paribas subsidiary to invest CFA9.2 billion in Essakane solar power...
By Dirisu Yakubu with agency reports
In Burkina Faso, the 15MWc solar plant which is to power the Essakane goldmine will be financed by the BICIAB,...
NERC renews power generation licence for Afam VI Power Plant
THE Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over 24.16...
NNPC announces completion of 539km of gas pipeline project
Nigerian National Petroleum Corporation (NNPC) has officially announced that it has completed, commissioned and delivered 500 kilometers (km) of gas pipelines between 2010 to...
Powergas leads the “Gas on Wheels” Campaign at the Future Energy...
Energy remains a major driver of economic growth and industries in Nigeria need to embrace the use of Compressed Natural Gas (CNG) which is...
Nigerian Institution of Safety Engineers Tackling Safety Solutions from the Drawing
By Oge Obi
The Nigerian Institution of Safety Engineers (NISE), an arm of Nigeria Society of Engineers (NSE) has said that given the rising need for...
Offshore Dimension Limited Launches Parkerstore in Nigeria
By Oge Obi
The nation's local content law implementation recorded another breakthrough recently as one of the world's leading diversified engineering firms - ParkerStore was...
TS&S Expands Global Footprint with Multifab Partnership
Collaboration marks TS&S’ entry into the Indonesian market
Abu Dhabi-UAE: – Turbine Services and Solutions Group (TS&S), a leading solutions, maintenance, repair and overhaul (MRO)...
Nigeria Assembly Insists Nigeria Remains a Viable Business Environment
By Oge Obi
The third edition of Nigeria Assembly, an annual convergence of policymakers, industry players and experts, investors as well as other stakeholders in...
Germany supports renewable energy projects in Africa with the launch of...
The German Development Bank, and the African Trade Insurance Agency (ATI) announced, on the side lines of the annual Africa Investment Exchange: Power and...
GE to upgrade Azito Power Plant in Ivory Coast
GE’s Power Services business announced it has signed an agreement with Azito Energie to upgrade two gas turbines at the company’s combined-cycle power plant....
