Friday , March 23 2018

Azura IPP to add 459MW by 2019

Azura Independent Power Project, IPP in Edo State will add 459megawatts to Nigeria’s national grid by 2019. This was made known by the Chief Executive Officer of Siemens Nigeria (handlers of the power plant) Mr.Onyeche Tifase. In a statement signed by Keshin Govender, media relations officer of the company, the …

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Greenville to Invest $850m in Mini-LNG Plant in Nigeria

Greenville Oil and Gas Limited, Tuesday, said it would invest a total $850 million in the construction of a mini-Liquefied Natural Gas facility in Nigeria. Speaking during the signing of a Gas Sale and Aggregation Agreement with the Federal and the Nigerian National Petroleum Corporation/Total Exploration and Production Nigeria Joint …

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Audi to include solar roofs on its electric cars

Audi is planning on integrating its upcoming electric cars with solar roofs. Already, the auto giant has reached a deal with Solar Panel coy, Alta Devices to fit the electricity-generating panels on its future cars. Tesla previously had this plan, but backtracked on it citing complex engineering and wiring. It …

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Nigeria’s crude oil export for October slips by 16,000b/d

Nigeria’s total crude oil exports for October will drop by 16,000 barrels per day in line with the country’s pledge to cut oil exports following its meeting with the Organisation of the Oil Exporting Countries, OPEC, and non-OPEC in July. According to Reuters, Nigeria’s export will slip to a five-month …

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Dangote to invest $50bn in US, Europe by 2025

Africa’s richest man, Alhaji Aliko Dangote, plans to invest $50bn in the United States and Europe by 2025, in renewable energy and petrochemicals. This is coming after completing almost $5bn of agricultural projects and an $11bn oil refinery in Nigeria. He confirmed the planned investment in an interview with Bloomberg …

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