Energy

Power Generation in Nigeria Drops to 2,628.6MW, Minister Says

“Total grid generation as at 6am on Saturday is 2,628.6MW. With this low level generation, management of the grid is currently a big task, necessitating a nationwide load shedding,” Minister of Power, Prof. Chinedu Nebo said in a statement at

Privatized Power Holds Opportunity in Nigeria, First Bank Research Reveals

A research by First Bank has revealed that privatized power in Nigeria, holds opportunity for investors and consumers. In its Research Weekly publication, the Bank submitted that “the inherent potentials in power distribution business in Nigeria was also based on

AFC Leads in $170 Million Nigerian Power Privatisation

The Africa Finance Corporation (AFC) has provided a $170 million debt financing facility in conjunction with Guaranty Trust Bank Plc, to the Mainstream Energy Solutions Limited consortium(MESL), for the acquisition of the Kainji Power Plc in the first round of

We are Committed to Expansion in Nigeria, GE Says

In furtherance of its strategic objective to increase the local content of its operations in Nigeria, General Electric (GE) a global technology leader in energy, healthcare and railway transportation, on Tuesday hosted a supplier fair in Calabar, This is the

The new ‘Publish What You Pump Campaign’ targets oil industry transparency

A new campaign ‘Publish What You Pump’ launched in Port Harcourt this week by Environmental Rights Action/Friends of the Earth Nigeria, ERA/FoEN, requests that oil companies reveal their exact oil and gas production. According to the group, “The initiative would

UK’s ASET To Take 23 Nigerians on Oil and Gas Technician Training

UK’s oil and gas training academy, ASET has announced that it has finalized a contract worth over £444,000 with Learning Resources Nigeria to train 23 Nigerians for a career in the oil industry. The contract is the outcome of a

Nigeria Working To Improve Electricity Supply, Power Minister Says

The Minister of Power, Professor Chinedu Ositadinma Nebo, has given a midterm scorecard of President Jonathan’s administration on power, stating plans and achievements. He mentioned ongoing work, and made projections. He said, “The Electric Power Sector Reform (EPSR) Act of

Chevron Funds Deep Water Technology Training for Nigerian Grads

As part of its efforts to assist Nigerians acquire necessary manpower in the deepwater sector of the oil and gas industry, Chevron Nigeria Limited, CNL, is sponsoring qualified young graduates to a training course on Remotely Operated Vehicle, ROV, overseas.

Schlumberger Announces Second-Quarter 2013 Results

Schlumberger Limited has reported second-quarter 2013 revenue of $11.18 billion versus $10.57 billion in the first quarter of 2013, and $10.34 billion in the second quarter of 2012. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was

Lekoil Raises $20 Million for Drilling and Testing in Nigeria

Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa more broadly, announces that it has conditionally raised, in aggregate, gross proceeds of approximately US$20.0 million (approximately £13.2 million) through the placing of,

All Power Labs Partners Nigerian Firms on Biomass

U.S. based All Power Labs (APL) has entered into partnership with Envirocycles Nigeria and Bioenergy Nigeria to demonstrate a pioneering technology for making renewable energy from biomass. According to THISDAY, “the free presentations and workshops would hold in Lagos and

Maintaining Your Inverter: Calculating the Appropriate Battery Load for your Device

I would like to give some quick pointers on the methods of calculating points on electronics that are being used on your inverter’s batteries. These are primary household electronics as stated below: Television Radio Fan Light bulb Fridge Deep Freezer

GE and USADF Announce $2 Million Challenge in Support of Off-Grid Energy to Power Africa

GE has announced that it will partner with, the United States African Development Foundation (USADF) to launch and co-fund the Power Africa Off-Grid Energy Challenge (the Power Africa Challenge), a three-year, USD $2 million challenge. The funding will award 20

The White House: Fact Sheet of the New U.S. Initiative To Power Africa

Two days ago in Cape Town, South Africa, U.S. President Barack Obama announced Power Africa, a new initiative to double access to power in sub-Saharan Africa. More than two-thirds of the population of sub-Saharan Africa is without electricity, and more

Technova Africa Group to Build $200m Line Pipe Mill in Ologbo, Edo State

After the purchase of 150 acres in Ologbo and a multilevel service-agreement with Original Equipment Manufacturer (OEM), PSL Limited; Technova Africa Group is set to commence the building of a 200,000 metric tonnes per annum (MTPA)-capacity line pipe mill and

Update on Heritage Oil Production in OML 30 Nigeria

Heritage Oil Plc, an independent upstream exploration and production company, issued an update regarding production levels in OML 30, Nigeria. Gross production from OML 30 has returned to rates of over 35,000 bopd and all of the key fields are

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