The Chairman of the Nigeria Atomic Energy Commission (NAEC), Dr. F. Erepamo Osaisai, has called on the police to increase surveillance and security of the commission's projects and facilities
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As Kerosene Becomes Scarce, Oando Lures Low Income Earners to LPG
July 16, 2012 Comment Off 128 ViewsA combination of inherent health implications, prohibitive cost and artificial scarcity of kerosene is all that is needed for Oando Marketing Plc to push for the adoption of Liquefied Petroleum Gas,
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Bill to revive Nigeria oil sector sent to president
July 1, 2012 Comment Off 23 ViewsA new draft of an oil bill, years in the making, that is meant to overhaul Nigeria's energy industry, was sent to President Goodluck Jonathan on Friday for approval ahead of a parliamentary vote in
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Shoreline acquires 45 % interest in Nigeria’s oil and gas lease
June 30, 2012 Comment Off 283 Views
Mr. Kola Karim Shoreline Natural Resources Limited has reached an agreement with Shell Petroleum Development Company of Nigeria Ltd (SPDC), Total E&P Nigeria Ltd and Nigeria Agip Oil Company
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Nigeria Loses 70% of US Crude Export Market
June 26, 2012 Comment Off 66 ViewsNigeria’s crude oil export to the United States of America, which was over one million barrels per day (bpd) in December 2009, has declined to 352,000bpd, representing a loss of about 70 per cent
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Sahara Group pumps first oil expands tra…
June 9, 2012 Comment Off 57 ViewsNigeria-based energy firm Sahara Group has started pumping its first crude oil and plans to expand trading activities in the Middle East and Asia, the chief executive of its trading division said, as
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Are You Ready For Increased Electricity Tariff? New Tariff to Take effect from June 1, 2012
May 11, 2012 Comment Off 51 Views
With effect from June 1, 2012, electricity tariff across Nigeria would be increased. The 36 state governors have given their backing to the Nigerian Energy Regulatory Commission to increase
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OPEC Boosts Oil Production for Seventh Month on Iraq, IEA Says – Bloomberg
May 11, 2012 Comment Off 43 ViewsOPEC boosted crude production for a seventh month in April as Iraq, Nigeria and Libya raised output, according to the International Energy Agency. The 12 members of the Organization of Petroleum
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French group Total shuts down gas plant
April 15, 2012 Comment Off 43 ViewsFrench energy group Total has shut down a gas plant in southern Nigeria because of a techical fault during a drilling operation at an oil facility, the company said on its website. "On April 3rd,
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Electricity Workers Give Reasons for Strike
April 15, 2012 Comment Off 63 ViewsWorkers unions in the nation's electricity sector yesterday in Abuja accused the Federal Government of failing to fully implement agreements reached by both sides during past negotiations. This
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