Energy

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters. Shell’s new…
Read More...

Schneider Electric, a leading digital transformation, energy management and automation giant, has launched new intelligent equipment to achieve a self-healing grid and ensure efficient use of power in Nigeria. The Head of Offer,…
Read More...

Nigeria’s power sector has recorded losses amounting to N365 billion in the first half of 2020, H1’20, attributable to insufficient gas supply, distribution and transmission infrastructure. This represents 23% increase…
Read More...

The World Bank has said that it would start the disbursement of the $750 million it approved for Nigeria’s Power Sector Recovery Programme (PSRP) next year and complete the exercise in 2023. Nigeria’s Power Sector Recovery Programme is…
Read More...

-By Benjamin Ike The Minister of Power, Engr. Sale Mamman assumed office in August 2019 and shortly after embarked on trips to inspect some major power projects and having understudied the power sector’s critical needs, he unveiled a…
Read More...