Category: Energy and Power
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Dangote Group trains 150 indigenous engineers in refinery operations
The Management of Dangote Oil Refinery Company (DORC) says about 150 indigenous engineers have been trained in refinery operations in preparation for the take-off of its Lagos Refinery and Petrochemical Plant. Mr Mohan Kumar, the company’s Director of Human Capital Management and Project Support, made this known at a news conference in Lagos on Monday…
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Smart Grid: China releases report detailing results of national 5G network slicing project
China Telecom, China’s State Grid and Huawei have jointly released a report that details the results of their national 5G network slicing project, which was first announced last September. TheNewsGuru gathers the report sets out the challenges encountered during smart grid development, potential application scenarios of 5G network slicing in smart grids, and analysis of…
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Oil prices rise to $70 on strong economy amid OPEC cuts
Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the Organisation of the Petroleum Exporting Countries (OPEC) and Russia. Spot Brent crude oil futures, the international benchmark for oil prices, were at 70 dollars a barrel at 0102…
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Electricity consumers to get ‘capped bills’ to address issues of estimated billing
The Nigerian Electricity Regulatory Commission (NERC), in a new regulatory code, has said it will develop an order on capping of unmetered customers’ bills to address the issue of estimated billing in the country. Contained in NERC’s Draft Meter Asset Providers Regulations 2017, the Commission said the order would be developed within 90 days after…
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Suleja gets 80mt N100m domestic gas plant
A private company, Eegoja gas, on Sunday inaugurated a 80 metric tons N100 million modern domestic gas plant in Kwankwashe, Suleja Local Government Area of Niger state. Mr Paul Ekele, the Chief Executive Officer of company, said that the plant would the economy of the area as well as create employment for the people. He…
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Gas explosion: NGC commences repairs, as community expresses dissatisfaction
The Nigerian Gas Company (NGC) on Tuesday said it had commenced the process of fixing the exploded gas pipeline at Ugbokodo community in Okpe Local Government Area of Delta. Mr Kingsley Onaipia, an official of NANPIST Venture, the company clearing the affected area for proper assessment and evaluation of the damaged pipeline disclosed this to…
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Price of brent crude oil rises to all time high since December 2014
The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Brent sweet crude futures, the international benchmark for oil prices, were at…
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Petrol queues: IPMAN wants FG to demolish 2,000 illegal filling stations
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advocated immediate demolition of over 2,000 identified illegal filling stations operating across the country, to check the persistent scarcity of petroleum products. The Chairman of Board of Trustees of IPMAN, Alhaji Aminu Abdulkadir, gave the suggestion when he fielded questions from State House correspondents in Abuja…
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Gas explosion: NNPC directs immediate repair works
The Nigerian National Petroleum Corporation (NNPC) has directed that repair works should be executed immediately on the ruptured Escravos to Lagos Pipeline System (ELPS) that caused explosion at Ugbokodo on Thursday morning. Group Managing Director (GMD) of the NNPC, Dr. Maikanti Baru, acknowledged the development yesterday and directed immediate repair work on the ELPS. “The…
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Community to FG: We will all die if this pending gas explosion should happen
Ugbokodo, an Okpe community in Delta state, has raised alarm of a pending gas explosion and appealed to the President Muhammadu Buhari-led federal and Governor Ifeanyi Okowa-led state governments to intervene to avoid the loss of lives and properties. Sealight Ogholemu, an Ugbokodo community leader, in an interview with TheNewsGuru, raised the alarm after a…