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ConcessionDownstreamGasMidstreamNewsOil & GasUpstream

NNPCL wipes out $4.68 bn cash call debt, channels subsidy savings to drive sustainable, affordable energy for Nigerians

... Mele Kyari confirms no debt owed to IOCs   Oredolà Àdeola The Nigerian National Petroleum Company Ltd (NNPCL) has cleared its outstanding $4.68 billion cash call debt to the…

Admin
Admin
November 11, 2024
DistributionImpactNewsPowerTechnologyTransmission

FG, inter-agencies action plans to prevent grid collapses may fail without forensic analysis, sanctions – Experts warn

warn NEMSA’s oversight gaps, inadequate monitoring could undermine efforts to prevent grid failures "Engr. Samuel-On: Disco's unchecked 33kV connections for Band A customers contribute to overloading, losses, frequent grid collapses"…

Admin
Admin
November 11, 2024
DistributionNewsTransmission

Nigeria’s grid collapses for 11th time in 2024, as nationwide outage becomes  norm

Oredola Adeola Nigeria’s national power grid collapsed once again on Thursday at precisely 11:29 a.m., just two days after a previous breakdown, plunging much of the country into darkness.  …

Admin
Admin
November 7, 2024
DocumentaryGasGreen FinanceImpactMultilateral FinanceNewsOil & GasUpstream

#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge

... say Africa’s potential with 125bn barrels of oil, 620tcf of gas to meet global energy demand by 2040 Oredola Adeola Energy experts forecast a $58 billion investment influx into…

Admin
Admin
November 6, 2024
DistributionDownstreamEnergy TransitionNewsOil & GasPowerSustainabilityUpstream

#AEW2024: Tinubu’s Energy Adviser calls for transformative shifts in Africa’s workforce

... urges Governments to employ skilled, talented, bold women, youth for implementation of radical solutions “In every African country, gender gaps must be closed... bringing women’s perspectives, capacity, energy to…

Admin
Admin
November 6, 2024
DistributionGenerationNewsTransmission

National grid collapses again, disrupts power supply nationwide, spares Akwa Ibom 

... as supply from 19 GenCos to national grid plummets from 2,711 MW to 61 MW in under an hour Oredola Adeola Nigeria’s national power grid experienced a partial collapse,…

Admin
Admin
November 5, 2024
DocumentaryDownstreamMidstreamNewsOil & GasUpstream

NMDPRA targets national gas grid system to ensure last-mile delivery

... sets to integrate legacy operators at zonal levels for improved gas accessibility ... confirms significant rise in gas-related project applications Ukoha predicts shift in Nigeria's energy focus from 209TCF reserves…

Admin
Admin
November 5, 2024
AdvertorialDocumentaryNewsSpecial Report

Heirs Energies CEO to showcase energy leadership at African Energy Week 2024

Oredola Adeola Heirs Energies, a leading integrated energy company in Africa, has announced its participation in the African Energy Week (AEW) 2024, taking place from Monday, November 4, to Friday,…

Admin
Admin
November 4, 2024
DistributionNewsTransmission

Rampant dismantling of transmission towers for steel sales by vandals, cause of frequent grid collapses – Tinubu’s Adviser Verheijen

... says, "Mass metering, technology-driven solutions, decentralization underway to strengthen grid"   Oredola Adeola   Olu Verheijen, Special Adviser to President Bola Ahmed Tinubu on Energy, has revealed that the…

Admin
Admin
November 4, 2024
DownstreamMidstreamNews

Dangote Refinery accuses IPMAN, PETROAN, IOCs of blending substandard petrol at nearby depot to undermine quality

... says NMDPRA lacks lab facilities to detect substandard petrol imports "Dangote refinery lowers fuel price benchmark to N960 per litre for ships, as against NNPC’s N971" - Chiejina, spokesperson…

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Admin
November 4, 2024
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