Author name: Mike

Schneider Electric, Ikeja Electric partner to improve electricity distribution

Schneider Electric introduces cost effective energy solutions for Nigerian industries

By Our Correspondent  Schneider Electric, a sustainable energy multinational company has called on Nigerian industries to channel their attention on current building management systems for optimum operation. In a statement, Product Application Engineer, Schneider Electric, Tunde Olumuyiwa, said that the need to manage energy usage and minimize costs has become imperative given that the Nigerian […]

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Africa Data Centres deploys a cutting-edge Data Centre Infrastructure Management solution across its facilities

The solution will measure, monitor and manage all IT equipment and supporting infrastructure housed within its facilities; TechAccess will act as the solutions integrator for the project and will work with software and hardware providers EkkoSense and Assetspire; Having a DCIM solution will enable Africa Data Centres (https://www.AfricaDataCentres.com/) and its partners to gain critical insights

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SEC says PAPSS implementation will aid integration of African exchanges

By Our Correspondent The Securities and Exchange Commission (SEC) has disclosed that the implementation of the Pan-African Payment Settlement System (PAPSS), would culminate in intra-African trade and integration of stock exchanges across Africa. Head, Office of the Chief Economist of the SEC, Dr. Okey Umeano, who noted in Abuja, said that the implementation would improve

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

UPSTREAM: Oil production rises 3.8% to 1.306m bp/d in Nigeria

By Eyo Nsima Nigeria’s oil production rose month-on-month, MoM by 3.8 per cent to 1.306 million barrels per day, bpd in February 2023, from 1.258 million bpd recorded in the preceding month of January 2023. Also, on year-on-year, YoY, Nigeria’s oil production increased by 3.8 per cent to 1.306 million bpd in February 2023, from

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Grandpuits Zero-Crude Platform: TotalEnergies, Paprec Develop First French Value Chain for Advanced Recycling of Plastic Film

TotalEnergies and Paprec, leader in plastic recycling in France, have signed a long-term commercial agreement to develop a French value chain for advanced recycling of plastic film wastes. The agreement will secure the supply of TotalEnergies’ future advanced plastic recycling plant in Grandpuits. Following the terms of this agreement, Citeo, the main organization in charge

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

Crude Oil, Petroleum Products will Continue to be Important in Africa — Sahara Group

With dual challenges of meeting rising demand while transitioning to a cleaner energy future, Africa’s downstream sector has been in the spotlight, and during the 2023 edition of the African Refiners & Distributors Association (ARDA) Conference – where the African Energy Chamber (AEC) (www.EnergyChamber.org) is participating – this very challenge is being explored. During ARDA

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Oil on Gas Regulations Spotlight: Equatorial Guinea

Equatorial Guinea’s oil and gas sector is on a path to recovery and is laying the groundwork for new initiatives towards economic advancement and legislative stability. The country’s economic structure is to be applauded as it prioritizes the development of local production and local participation in its petroleum sector. For example, Equatorial Guinea produces 244,000.00

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Energy Security, Revitalization of Downstream Infrastructure Top Priority for Africa in Energy Transition

Africa needs to prioritize the development of refineries to ensure the maximal exploitation of local resources to achieve energy security, Anibor Kragha, the Executive Secretary of the African Refiners & Distribution Association (ARDA), stated during the opening of the 2023 ARDA Week Conference which runs from 13-17 March in Cape Town. In his presentation titled,

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Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth --- Prof Danbatta

NCC approves harmonized short codes, directs implementation

NCC approves harmonized short codes, directs implementation In line with its consumer-centric approach to telecoms regulation, the Nigerian Communications Commission (NCC) has directed mobile network operators (MNOs) to commence implementation of approved harmonised short codes (HSC) for providing certain services to telecom consumers in Nigeria. The Commission has already set a deadline of May 17,

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Axxela achieves another safety milestone of 7m man-hours without Lost Time Injury

Axxela Limited, sub-Saharan Africa’s fast-growing gas and power company, has announced the achievement of a landmark safety milestone of seven million man-hours without any Lost Time Injury (LTI) across its business operations. This laudable accomplishment was recorded earlier this week. The LTI landmark indicates that Axxela has maintained its operational excellence without a productivity downtime

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