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  • 2014
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Month: April 2014

Markets

NIGERIA: Gas shortage frustrates constant power supply —NERC boss

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Inadequate gas supply has been identified as one of the major challenges bedeviling the power sector after its successful privatisation by President Goodluck Jonathan’s administration in 2013. When properly addressed,...
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Business

Maximizing natural gas use: Prospects, constraints

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Nigeria is one of the top 10 nations in the world with huge natural gas reserves. Nigeria’s estimated proved plus potential reserves stood at 184 trillion cubic feet (tcf) as...
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Business

NIGERIA: FG grants Bauchi licence for 35MW plant

Codewit Correspondent Codewit CorrespondentApril 1, 2014
ABUJA: The Federal Government last week granted the Bauchi State owned electricity firm, Yankari Power Company, an embedded electricity generation license, to build 35 megawatts, MW, gas-fired power plant in...
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Markets

NIGERIA: NIPCO targets upstream ventures

Codewit Correspondent Codewit CorrespondentApril 1, 2014
NIPCO Plc said that it was poised to acquire marginal fields and deepwater acreages in the upstream sector through its subsidiary, NIPCO Upstream Limited. The Chairman of the company, Dr....
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Markets

Nigeria ’ll soon have no major market to sell crude —Teme

Codewit Correspondent Codewit CorrespondentApril 1, 2014
As Nigeria continues to export her crude oil to major consumers in the world, President, Nigerian Mining and Geosciences Society, NMGS, Prof. Clifford Teme, in this interview with GABRIEL EWEPU,...
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Nigeria News

Seven Energy acquires East Horizon Gas Company for $250m

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Seven Energy Limited has completed the acquisition of the entire issued share capital of East Horizon Gas Company Limited (EHGC) for  $250 million. Seven Energy Limited is a wholly-owned subsidiary...
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Nigeria News

NIGERIA: NALPGAM seeks govt intervention on gas cylinders

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Government intervention is urgently needed to stem the tide of acute shortage of gas cylinders in the country, which is threatening cooking gas consumption, the Nigerian Association of Liquefied Petroleum...
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Markets

Kerosene subsidy, tariffs, others frustrate LPG growth

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Unless Nigerians switch to the use of Liquefied Petroleum Gas (LPG), the country will continue to lose about N2.914 trillion, spent annually on the use of firewood, kerosene and kerosene...
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Nigeria News

Renew deepwater lease, IOCs tell FG

Codewit Correspondent Codewit CorrespondentApril 1, 2014
The Vice-President, Nigeria-Gabon Shell Upstream International, Mr. Markus Droll, who spoke on behalf of the oil majors at the just concluded Nigeria Oil and Gas conference, Abuja, said government’s intervention...
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Nigeria News

NIGERIA: Lawyers, politicians express mixed reactions over court judgement on lawmakers

Codewit Correspondent Codewit CorrespondentApril 1, 2014
Some lawyers on Tuesday in Lagos expressed mixed reactions to the judgment of a Federal High Court in Abuja on 42 members of the House of Representatives that defected from...
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Posts pagination

Previous 1 … 100 101 102 … 105 Next
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