Heritage Oil production from OML 30 rebounds
…..as 395,000bpd capacity infrastructure in place Heritage Oil Plc, an independent upstream exploration and production company with headquarters in London, says gross production from its Oil Mining Lease (OML 30) in Nigeria has returned to rates of over 35,000 barrels of oil per day (bopd). The company stated that all of the key fields are in production More...
Chevron to sell two Nigerian oil blocks
By Etuka Sunday with agency report U.S. energy firm Chevron is selling its stake in two Nigerian shallow water oil blocks, the company said on Tuesday, the latest oil major seeking to dispose of assets in Africa’s More...
NERC and its moves to resolve electricity issues in Kano
Last week, the Nigerian Electricity Regulatory Commission (NERC) launched its Kano Forum Office as part of its complaint redress mechanism to handle all complaints by consumers of electricity in Kano, Jigawa and More...
Inner Wheel to tackle poverty through micro-financing
International Inner Wheel Club, an NGO, has expressed its determination to address the issue poverty in the society by empowering women through micro financing. This is contained in a communiqué issued at the end More...
Remembering NNPC’s Dr Levi Ajuonuma, One Year After
By Etuka Sunday For staff of the Nigerian National Petroleum Corporation (NNPC), the sudden demise of their image maker, Dr. Levi Ajuonuma last year, after the ill-fated Dana Airline crash that cut short his career More...
Etisalat launches ‘Easy Cliq’ with 10k/Sec tariff reduction
Etisalat Nigeria, has launched a device that would give more value to its customers-known as Easy Cliq-which will make its subscribers to enjoy 10k/sec tariff reduction.In addition, it will provide free 90MB data More...
FG sets June meetings for $1bn bond to fund power
Stories by Etuka Sunday with agency reports The Federal Government plans to sell $1 billion (N160bn) of Eurobonds to finance power projects after meetings with international investors in June, Finance Minister More...
Shell says crude oil theft is reducing
By Etuka Sunday The Nigerian unit of Anglo-Dutch oil giant, Shell, has admitted that the spate of crude oil theft from its facilities in the Niger Delta is reducing, a development he attributed to the surveillance More...
NEITI Board member appointed into the EITI Global Board
By Etuka Sunday A member of the Nigeria Extractive Industries Transparency Initiative (NEITI) National Stakeholders Working Group (NSWG), Faith Nwadishi has been nominated as a full member of the International Board More...
Power crisis responsible for Nigerians’ dependence on foreign goods – Entrepreneur
An entrepreneur, Hon. Ebikekeme Ere, has said the power crisis in the country was responsible for the influx of foreign goods to the detriment of the local manufacturing sector. Ere, who runs Eresoft, a Yenagoa-based More...
