Friday, March 31, 2023
Tags Daystar

Tag: Daystar

Shell enters Africa renewable energy market with Daystar acquisition

The deal, which is subject to regulatory approvals, marks a significant acquisition for Shell which has long been active in the continent’s hydrocarbons market but must look for new sources of growth in light of climate change and the gradual phasing out of fossil fuels. The size of the deal has not been disclosed. 
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Nigeria’s Minister of State for Petroleum resigns

Sylva’s resignation comes at a time of political transition in Nigeria, with President Muhammadu Buhari serving his final weeks in office before giving way to President-elect Bola Tinubu on May 29.

FIRST BANK OFFICIAL STATEMENT

Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank. 

Egbin Power boosts nation’s supply, restores sixth unit

It said: “We are pleased to announce the successful restoration of ST-6 after extensive repairs, including replacement of HIP & LP steam turbine blades and Generator overhauling, in addition to the in-house inspections for Boiler and Balance of Plant.

Transcorp Plc delivers strong performance as revenue rises by 21%

The conglomerate saw a 7% increase in its Power investments, despite the challenges faced in the year from the issues with gas supply, off the diminished Oil & Gas production in the country in 2022.