Energy

RESILIENCE! Aradel grows operating profit by 478.7% after rebranding

RESILIENCE! Aradel grows profit after rebranding, hints modular refinery almost ready

Energy /

  Two weeks after it rebranded, Aradel Plc has demonstrated it has begun a new phase of growth and exceptional performance in its 18 years of operations as it promised at the unveiling of the new corporate identity. Speaking on the performance, Chief Executive Officer, Adegbite Falade, said: “Aradel Holdings consolidated on the gains arising […]

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ENGIE Energy Access rewards winners of Innovation Challenge with cash prizes

ENGIE Energy Access Nigeria rewards ‘Innovation Challenge’ winners with cash prizes

Energy /

  ENGIE Energy Access, has presented cash prizes to the top-three winners of the Innovation Challenge, a technology-leveraged hackathon aimed to challenge students on innovative solutions. The event was organised as part of this year’s annual energy event, The Industry Discourse (TID), which is the largest student-led energy conference in the sub-Sahara African region, focused

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FG advocates collaboration among industry stakeholders

Energy /

    The Permanent Secretary, Ministry of Petroleum Resources and current highest ranking official in the ministry, Gabriel Aduda, has urged global oil and gas stakeholders to embrace collaboration in the quest to emplace energy safety, affordability, security and sustainability across the value chain. Aduda made the call at the Global Energy Show in Calgary,

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Stallion gives consumers first Nigerian electric vehicle

Stallion delights consumers first Nigerian electric vehicle

Energy /

  Vice President Kashim Shettima has commended Stallion Motors Nigeria over the company’s newly produced Hyundai Kona EV, Nigeria’s first locally produced electric vehicle. While the company showcased the first locally produced electric vehicle at the Thursday meeting of the National Economic Council, NEC, Shettima said the prospects for electric vehicles in Nigeria was bright.

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No more crude-for-petrol swap deal – Kyari hints

No more crude-for-petrol swap deal – Kyari hints

Energy /

    Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, says the company has terminated its crude-for-petrol swap deal, otherwise called Direct Sale Direct Purchase (DSDP) contracts, with foreign refiners and consortia of traders. Kyari spoke at the weekend during an interview with Reuters. He said NNPC would now

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Firm urges FG to reduce import duty on cylinders, LPG accessories

Firm urges FG to reduce import duty on cylinders, LPG accessories

Energy /

  A cooking gas marketer, Second Coming Nig. Ltd., has urged the federal government to reduce import duty on cylinders, LPG equipment and accessories. The firm’s Chief Executive Officer, Dr Basil Ogbuanu, at the unveiling of a 20KG LPG composite cylinder in Lagos, said the amount of money paid on import duty was responsible for

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Bluetti Provides 24-hour Electricity to Yabatech

TRUELY NIGERIAN! Bluetti Provides 24-hour Electricity to Yabatech

Energy /

Aiming at sustainable development and quality educational outputs, Bluetti Power, has donated more than 100 solar power solutions to Yaba College of Technology (YABATECH), Lagos, to help the institution run on 24-hours electricity. The firm, which recently launched in Nigeria, explained that the gesture was in demonstration of its drive for sustainable development in Africa.

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Dangote Refinery will provide succour for Nigerians – NECA

Dangote Refinery will provide succour for Nigerians – NECA

Energy /

  The Nigeria Employers’ Consultative Forum (NECA), has declared that the Dangote Refinery would turbo-charge the engine of the Nigerian economy, unstrap the strings holding its growth and bring succor to a country that is in dire need of industrial renaissance. The NECA also declared that the refinery was capable of generating the total power

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LAUDABLE! KETRACO powers procurement prowess with SAP Business Network

LAUDABLE! KETRACO powers procurement prowess with SAP Business Network

Energy /

  Public sector procurement is considered a cornerstone of strategic governance and a crucial pillar of service delivery. When one of Kenya’s leading state corporations, Kenya Electricity Transmission Company Limited, needed to enhance its procurement capabilities to meet its regulatory commitments, it adopted SAP to leverage the power and scale of the largest procurement network

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