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DocumentaryFeatureGasNewsSpecial ReportSustainabilityUpstream

How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round

By op-ed by Mohammed Musa There were indications that the just-concluded Nigeria’s 2024 Oil Licensing Round, organized by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, regulator of the upstream petroleum…

Admin
Admin
January 3, 2025
DocumentaryImpactMidstreamNewsOil & GasSpecial ReportTechnologyUpstream

NNPC launches 24/7 oil, gas monitoring command centre to drive 2 mbpd target

... embarks on real-time tracking of hydrocarbon molecules from production to export terminals Oredola Adeola With a strategic focus on achieving a 2 million bpd production target, NNPC Ltd has…

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December 26, 2024
DistributionEnergy TransitionGenerationNewsPowerSustainabilityTransmission

Lagos State govt. constitutes 5-member electricity regulatory commission board

... appoints Engr. Odubiyi, former NERC Commissioner, as Chair   Oredola Adeola   The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC),…

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December 24, 2024
DistributionNewsPower

IBEDC assures stable power supply, swift fault resolution during Christmas holidays

Engr. Agoha, IBEDC MD warns against energy theft, urges customers to report suspicious activities Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has implemented measures to ensure network stability,…

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December 24, 2024
DownstreamEnergy TransitionFinanceGasImpactMidstream

Greenville LNG sets ambitious target: 50 LCNG hubs within first seven months of 2025

Oredola Adeola Greenville LNG has announced an ambitious plan to construct 50 Liquefied Compressed Natural Gas (LCNG) hubs across Nigeria within the next seven months. This initiative is part of…

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December 23, 2024
DistributionFinanceGasGenerationImpactNewsPowerSpecial ProjectTransmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

... ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households ... activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply…

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December 23, 2024
DistributionImpactNewsPower

EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA

…with commissioning of 1x75MVA transformer at Lekki ...more supply to New Maroko, Cheview Estate, Lekki, surrounding areas   Oredola Adeola   The Transmission Company of Nigeria (TCN) has successfully commissioned…

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December 22, 2024
DownstreamNewsOil & Gas

NNPCL cuts petrol ex-depot price from ₦1,020 to ₦899, sparks price war among oil marketers

"Petrol price reduction reflects response to deregulation, increased industry competition"- PETROAN PRO   PETROAN President commends NNPC, praises Dangote Refinery for stimulating downstream sector competition   Oredola Adeola The Nigerian…

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December 21, 2024
DownstreamMidstreamNewsUpstream

Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide

... reduces ex-depot price from ₦970 to ₦899.50 ...new petrol pricing launches in Lagos, nationwide rollout begins Monday ... Dangote attributes petrol price drop to Tinubu's Naira-for-Crude swap deal Oredola…

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December 21, 2024
DownstreamMidstreamNewsOil & Gas

NNPC rejects false report, affirms Port Harcourt refinery fully operational 

... says product loading continues Oredola Adeola The Nigerian National Petroleum Company Limited has insisted that the renovated Port Harcourt refinery is still working. The state-owned oil company clarified that…

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December 21, 2024
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