NERC APPROVES TCN’S BID TO PROCURE SPINNING RESERVES FOR GRID

NERC APPROVES TCN’S BID TO PROCURE SPINNING RESERVES FOR GRID

The Nigerian Electricity Regulatory Commission has reportedly given the Transmission Company of Nigeria its approval to procure extra power to serve as spinning reserve that could stabilise Nigeria’s electricity grid when there are unforeseen disturbances. This much...
ANAMBRA LOOKS TO PARTNER AUSTRIAN FIRM ON WASTE TO POWER

ANAMBRA LOOKS TO PARTNER AUSTRIAN FIRM ON WASTE TO POWER

The Anambra State Government says it plans to partner with an Austrian firm to generate electricity through waste-to-energy technology. Mr. James Eze, the Chief Press Secretary to Gov. Willie Obiano stated this in a statement on Wednesday in Awka. Eze, who is part of...
7 MODULAR REFINERIES TO BOOST NIGERIA’S SELF-SUFFICIENCY DRIVE

7 MODULAR REFINERIES TO BOOST NIGERIA’S SELF-SUFFICIENCY DRIVE

Seven licensed refineries with the ability to process 181,000 barrels of crude oil per day (bpd) have progressed towards completion stage in their attempt to contribute to Nigeria’s self-sufficiency in petroleum refining. The most recent is the 5,000 bpd Waltersmith...
NNPC TO INCREASE OIL RESERVES TO 40BN BARRELS BY 2020

NNPC TO INCREASE OIL RESERVES TO 40BN BARRELS BY 2020

The Nigerian National Petroleum Corporation (NNPC) has said it plans to increase Nigeria’s crude oil reserves to 40billion barrels by the year 2020 from the current 37billion barrels reserves. Speaking at the Nigerian Oil and Gas Conference in Abuja on Tuesday, the...
NIGERIA TO BE AMONG TOP SPENDERS ON PIPELINES BY 2022

NIGERIA TO BE AMONG TOP SPENDERS ON PIPELINES BY 2022

Nigeria, Canada and China will be significant spenders on planned pipelines by 2022, considerably expanding their pipeline network, a new report has stated. GlobalData, a data and analytics company, said the United States and Russia would dominate global capital...