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Posted By Admin on 13th Apr 2018   

Natural gas demand grew by 3% in 2017 due to relatively low-cost supplies as well as fuel switching in key economies, significantly above the average growth of 1.5% of the last five years. According to the International Energy Agency’s Global Energy…

Posted By Admin on 13th Apr 2018   

Approximately seven million prepaid electricity meters in South Africa need to be reset before November 2024 as the system that runs the credit tokens will run out of numbers at this time and all existing meters will stop accepting credit…

Posted By Admin on 13th Apr 2018   

Nigeria as a country is more populous than the entire economic bloc of East African Community – EAC. (180 million & 169 million respectively). Relatedly, Nigeria’s GDP is 250% of EAC’s GDP (405 USD & 159 USD [2016 values]). This…

Posted By Admin on 11th Apr 2018   

The energy sector is a $6 trillion per year business. Over the last four decades, the cost of solar panel materials has dropped 250x as a result of innovations in materials science, according to Singularity University. Shell predicts that peak oil demand…

Posted By Admin on 11th Apr 2018   

Plans by the Nigerian National Petroleum Corporation (NNPC) to extend its major gas pipeline infrastructure to connect various parts of the country got a major boost last week following the signing of contracts for the engineering, procurement, construction, commissioning and…

Posted By Admin on 10th Apr 2018   

Babatunde Fashola, Nigeria’s power minister Monday, April 9, 2018, charged electric distribution companies to improve the quality and capacity of their distribution equipment for improved power supply and service in order to stimulate consumer willingness to pay. He made the…

Posted By Admin on 10th Apr 2018   

Eko Electricity Distribution Company (EKEDC) on Monday said the current outage in Ikoyi, Victoria Island and some areas in Lagos Island was caused by the breakdown of some facilities at the Alagbon Transmission injection sub-station. EKEDC spokesman, Godwin Idemudia, said…