2024: NNPCL triumphs with N3tn profit, refinery revival
..overcames challenges despite turbulent year Emmanuel Akanni With a volatile global oil market in 2024 tied to geopolitical tensions and other local challenges such as oil theft and…
NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill
...orders EKEDC, Ikeja Electric to create subsidiaries for Lagos electricity market. ... Lagos joins list as 8th state approved by NERC Oredola Adeola Two weeks after Lagos State Governor…
PH refinery reactivation: NLC, NUPENG verify revival, silence naysayers
...FG urged to secure the gains Emmanuel Akani A recent fact-finding visit by labour leaders has dispelled the uncertainties surrounding the operational status of the newly revived old Port Harcourt…
Shell announces FID on $5bn Bonga North deepwater project
Tinubu says "Bonga North reflects transformative reforms under Presidential directives 40, 41, 42" Verheijen describes Bonga North FID a game-changer, refuting misconceptions about IOCs exiting Nigeria Oredola Adeola Shell…
Oil spill hits Shell loading terminal in Bonny after pipeline rupture
... NIMASA confirms incident, NOSDRA assesses damage Oredola Adeola An oil spill caused by a ruptured pipeline occurred on Saturday, December 14, 2024, at the Shell Petroleum Development Company (SPDC)…
NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16
... aims to drive cost-reflective pricing for dedicated power generation facilities Oredola Adeola As part of efforts to establish cost-reflective tariffs for dedicated power generation facilities, the Nigerian…
NCDMB, First Marine seek FG support for Birogo river dredging to enhance Bayelsa marine, oil operations
“Drilling Companies in Bayelsa No Longer Need Onne Port”—FMES Chairman, High Chief Penawou Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called for collaboration with the…
Oyo commissions Phase 1 (5 MW) of 11 MW power plant
... as work on Phase 2 (6MW) begins Governor Makinde decries year-long delay in securing NERC clearance for Oyo IPP Oredola Adeola The Oyo State Government has commissioned the first…
TCN upgrades bulk power supply to Lagos, Ogun with $200m World Bank support
"Completion of substations crucial to FG's 10,000 MW grid capacity target by 2025," says Abdulazeez Michelle Savage The Transmission Company of Nigeria (TCN) has strengthened Lagos and parts of Ogun…
#PNC2024: CNG vehicle conversion centers in Nigeria surge from 7 in 2023 to 158 in 2024 – Pi-CNG confirms
...secures 10 hectares of land for establishment of CNG manufacturing hub in Ajaokuta, Kogi State Oredola Adeola The Presidential Committee on Compressed Natural Gas Initiative (Pi-CNG) has confirmed a…
