House Committee accuses Hyundai, Samsung of breaching local content laws

The House of Representatives’ Committee on Local Content has said it has been in running battles with Korean firms – Hyundai Heavy Industries (HHI)...

$2.2bn Shell support’ll boost local oil firm’s earnings – Arco

Arco Group Plc has said the Memorandum of Understanding for a $2.2bn contractor financing support package recently signed with eight Nigerian banks by Shell...

Indigenous company sets up chemical blending plant in PH

An indigenous wholesale manufacturer of petroleum drilling chemicals, Jemmtek Resources Limited, has commissioned a chemical production blending plant in Port Harcourt, Rivers State, Nigeria,...

“INTELS investment in Nigeria has hit N3.5trn” – Management

INTELS Nigeria Limited has said that it has invested  about N3.5 trillion in Nigeria since 2006 when  port concessions commenced in the country, Daily...

Discos refuse to patronize indigenous prepaid meter producers – BoI chief

The Managing Director of the Bank of Industry, Mr. Rasheed Olaoluwa at the workshop for Business Editors and Industry Correspondents in Lagos titled, ‘BoI...

Indigenous meter manufacturers decry low patronage by DISCOs

The Executive Secretary of the Electricity Meter Manufacturers Association of Nigeria (EMMAN), Mr Muyideen Ibrahim, on Monday complained of low patronage by electricity distribution companies (DISCOS),...

Inadequate funds hamper Technova’s $200m pipe mill

Funding has stalled the implementation of a $200-million Technova pipe mill project in Ologun, Edo State, the Executive Secretary, Nigerian Content Development and Monitoring...

NCDMB pays working visit to Aveon Offshore’s facility in Port Harcourt

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) Mr. Simbi Wabote along with his senior management team and heads of...

Nestoil affiliate; EWT fabricates piles for Total’s $15bn Egina project

A subsidiary of the Obijackson Group, Energy Works Technology Limited (EWT), has completed the fabrication of nine Oil Loading Terminal buoy anchor mooring piles...

Buhari lists Dangote, GE, others as major strategic investors in energy sector

President Muhammadu Buhari has described Dangote Group, General Electric, Ladol shipyard, and Samsung among others, as strategic investors sustaining the African economy and urged them...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...