Heavy crude to be in high demand in 2019 – IEA

Heavy, sour crude oil might be in high demand in the coming months as the global market struggles to adjust to the recent US sanctions on Venezuelan state oil company PDVSA.  The major focus would be on crude quality rather than quantity, the International Energy Agency has said, as sanctions against Iran and Venezuela, along […]

DisCos, TCN mismatch causing low electricity suppy- NERC

The Nigerian Electricity Commission (NERC) has revealed there is a divergence between generated capacity and transmitted and distributed capacity. NERC blamed both the Nigerian electricity distribution companies (DisCos) and Transmission Company of Nigeria (TCN) as being the weak links in the Nigerian electricity supply chain, saying they are to be blamed for the electricity crisis […]

AEDC commissions €2m automated equipment to improve customer service,  cut losses

Abuja Electricity Distribution Company (AEDC) has commissioned a €2.4 million (about N982m) integrated commercial management systems (InCMS)  automated platform to improve customer service experience and reduce its losses. James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC), who commissioned the automated system tasked the other 10 distribution companies (DisCos), to adopt such automated process. […]

With Iran squeezed out, U.S. oil takes on new rivals in Europe

 When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared. U.S. giant Exxon Mobil and European rival Royal Dutch/Shell prepared brochures for oil buyers detailing various U.S. crude grades and why they were suitable to replace part of Asia’s long-standing […]

ZPT’s Oil, Gas summit in Tanzania to encourage transfer of skills and expertise within the region- Ayoola

The 2019 Sub Saharan Africa Upstream Oil and Gas Summit will be focusing on exploiting the opportunities present in the East African oil and gas industry with a special focus on Tanzania. In a statement by the conference organizer, Zenith Professional Training, made available to business a.m., the annually held conference will provide opportunities for […]