OPEC daily basket price stood at $54.39 a barrel Friday, 8 January 2021, compared with $53.84 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Electricity tariff: Tough, but needed to transform Nigeria’s power sector — Umeh The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh, says that the Nigerian Electricity Regulatory Commission’s (NERC’s) failure to increase electricity tariff in smaller steady steps from 2015 as stipulated in the Multi-Year Tariff Order (MYTO) has made the
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NCC mourns loss of staff, family in road accident The Nigerian Communications Commission (NCC) has expressed shock and deepest grief over the loss of its staff, Mr. Nuhu Hamman’Gabdo in a road accident. Hamman ’Gabdo died alongside his wife, four children, his niece and driver in an accident that occured on Saturday, January
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Asharami Energy appoints Menkiti as COO to drive enhanced production target Asharami Energy, a Sahara Group Upstream Company, has appointed Henry Menkiti as its Chief Operating Officer to boost ongoing expansion projects aimed at delivering the company’s ambitious production target over the next few years. Henry’s appointment took effect on the 8th December 2020.
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How Reefer Captain defied owner and brought the ship to his homeland waters Reefer EXPRESS 6 entered Thailand waters and anchored at Phuket island anchorage early Jan 8, without giving notice to authorities and getting permission to do so. Port authorities and police boarded the ship and interrogated crew and Captain, according to FleetMon. It
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SERAP asks Buhari to drop the plan to borrow dormant account balances, unclaimed dividends Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to use his leadership position “to promptly drop the plan by the Federal Government to borrow about N895bn of unclaimed dividends and funds
The Project aims to help improve access to quality secondary education in a safe and healthy school environment for 5,000 girls The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project– the first Bank grant
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Again, TCN transmits 5,584.40MW in Nigeria The Transmission Company of Nigeria has successfully transmitted another all-time peak of 5,584.40MW recorded by the power sector on Thursday, January 7th 2021, at 21:15hrs. According to TCN, “This is 24 hours after the previous peak of 5,552.80MW was recorded on Wednesday January 6th, 2021 at 20:15hrs that was equally
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CSR: Chevron staff embarks on road construction in Enugu The Enugu Akwu-Achi communities in Oji River Local Government Area of Enugu State, have applauded the kind gesture of their illustrious son and staff of Chevron Nigeria Limited, Mr. Victor Chimaobi Anyaegbudike, who recently embarked on the rehabilitation of Obodo Ukwu – Umuike – Inyi link
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Bonny Light Energy and Offshore Limited supplies 20,000 MT of diesel to market in Nigeria WITH 20,000 MT AGO BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream and an emerging player in product storage, marketing, and distribution of petroleum products and other related services have announced the supply of 20,000.00 MT of Premium
