A strategic partnership agreement was this Thursday here signed between the National Fuel Society of Angola (Sonangol), the Portuguese Commercial Bank and the Atlantic Private Bank (BPA), foreseeing the acquisition of 49,9 percent, by the national oil company and BPA,
Chairman of Nigeria Independent Petroleum Company (NIPCO), Chief Best Anekwe, has said that the company will build a refinery before the end of the year.
Nigeria National Petroleum Corporation (NNPC) has secured the approval of the Federal Government to raise funds from the capital market to finance the nation's Joint Venture (JV).
Regional energy ministers have agreed to revive the regional energy planning network to compliment the energy recovery roadmap established a few weeks ago to address the power shortages facing the region.
Cabinet has approved the proposal to set up an office to coordinate all efforts that deal with the electricity emergency as well as track and report on related initiatives.
POWER outages and demand for alternative power supplies have driven up generator sales and the financial performance of generator rental and supply group Austro, the company said yesterday.
President Umaru Musa Yar'adua has sent a new petroleum industry bill that seeks to transform the basic provisions of the national oil and gas policy into law to the National Assembly.
THE electricity supply crisis in southern Africa, caused by dwindling surplus capacity of South Africa's power utility Eskom over the past year, might cause even more headaches for consumers if Eskom is granted a massive 60 per cent tariff hike
The Sh135 billion wind-to-electricity project that is already blowing over Singida is a good step towards greater electrification of the country. It is also a means to help diversify power sources to enhance capacity and avoid blackouts such as those
Texas inventor's technology uses heat to amplify acoustic waves (sound waves) in a high pressure gas, which drive a linear generator and produce electric power. The system can allegedly be built at a very low cost. (PESWiki; May 14)
The problem with some inventors is not only are they years ahead in their visioning of the technology, but they are also years ahead in expectation of rewards for their efforts. (PESN; May 12, 2008)
E-Fuel Corporation's EFuel100 MicroFueler(tm) is the world's first portable ethanol micro-refinery system. It replaces the traditional ethanol reflux column system with a solid state distillation technology, making it possible for homeowners and small businesses to safely and cost-effectively create their
A Georgia company has announced that they have devised a simple, natural way to convert anything that grows out of the Earth into oil. The inventor's formula is simple. Basically, biomass (such as grass clippings or wood chips) plus the
With a span of less than 15 centimeters, Subrata Roy's aircraft qualifies as a micro air vehicle (MAV), but it has an unconventional design to say the least. It is a saucer shape covered with electrodes that ionize air to
Some day, fuel cells may power your car and exhaust only water and perhaps carbon dioxide. More efficient and cleaner than an internal combustion engine, their emissions will be much lower. They may also run your home without the energy
Indian Oil is planning to invest INR8 billion to set up new retail outlets and upgrade the existing ones; and promote its branded products XtraPremium petrol and XtraMile diesel, The Hindu Business Line has reported quoting the company's director of
