Ike Amos 28 December 2017, Sweetcrude, Abuja — Nigeria earned N362.24 billion from Petroleum Profit Tax (PPT) and Gas tax in three months, between July and September 2017. According to data obtained from the Central Bank of Nigeria’s (CBN) Statistical Bulletin for the Third Quarter of 2017, revealed that PPT and Gas tax accounted for …
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•Commits to 100% climate screening for all Bank-financed projects 28 December 2017, Sweetcrude, Abidjan, Côte d’Ivoire –− The African Development Bank achieved a 100% investment in renewable energy in 2017, a major landmark in its commitment to clean energy and efficiency. Power generation projects with a cumulative 1,400 megawatts exclusively from renewables were approved during …
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Mkpoikana Udoma 28 December 2017, Sweetcrude, Port Harcourt – Worried by the hydrocarbon soot ravaging Rivers State and its environs, the senator representing Rivers South-East Senatorial District in the National Assembly, Sen. Magnus Abe, has demanded that national health emergency be declared in the state over the soot. Speaking in Kpite, Tai Local Government Area …
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Mkpoikana Udoma 28 December 2017, Sweetcrude, Port Harcourt – Monarchs in Ogoniland under the auspices of Supreme Council of Ogoni Traditional Rulers, have said that they are ready to accept any company that wants to explore oil in the area. The decision comes contrary to the earlier decision by the socio-cultural Ogoni group, MOSOP and …
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OpeOluwani Akintayo 24 January 2017, Sweetcrude, Lagos — At the last monthly power sector operators’ meeting held on Monday, December 11 in Lokoja, Kogi State, Minister of Power, Works and Housing, Babatunde Fashola had claimed power generation had increased from below 5000 megawatts, MW, to 7000MW. “By collective action of Government and all of you, …
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Mkpoikana Udoma 28 December 2017, Sweetcrude, Port Harcourt — A pro-Ogoni group known as the Ken Saro-Wiwa Associates, has accused the Shell Petroleum Development Company, SPDC, of seeking to renew its license for OML11 oilfields, in a bid to forcefully resume oil production activities in Ogoniland. The National Coordinator of the group, Mr. Gani Topba, …
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28 December 2017, Sweetcrude, Ankara — The technology group Wärtsilä has signed a long-term supply agreement with the Turkish company Aksa Enerji Üretim A.Ş. (“Aksa Energy”) and its affiliates. Aksa Energy has recently invested particularly in Africa, where energy is in demand in several countries throughout the continent. The use of Wärtsilä original parts ensures …
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