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News

Lagos State issues EOI for 1,000 MW renewable energy initiative, with additional 2,000 MW in progress – Governor Sanwo-Olu

Governor Sanwo-Olu commits to attracting investment in Lagos' offshore, deepwater Oredola Adeola The Lagos State Government advancing its renewable energy goals with plans for 1,000 MW dedicated to the state’s…

Admin
Admin
November 12, 2024
NewsOil & GasUpstream

Nigeria’s crude oil, plus condensate production surges 16.56% to 1.8million barrels daily in October 2024

... as Nigeria exceeds OPEC quota, reclaims top spot as Africa’s leading oil producer ... targets 2 million BPD by December 2024 Oredola Adeola Nigeria’s crude oil production, including condensate,…

Admin
Admin
November 11, 2024
Energy TransitionImpactLocal ContentNewsOil & GasRenewablesTechnologyUpstream

Millennium Oil, partners with Saltspring Energy LLC to decarbonize Oza field operations, generate carbon credits

Oredola Adeola Millennium Oil and Gas Company Limited (MOGCL) has partnered with American energy solutions provider Saltspring Energy LLC to decarbonize its operations, implement a carbon credit mechanism through its…

Admin
Admin
November 11, 2024
Energy TransitionImpactLocal ContentNewsOil & GasUpstream

AEW 2024: Heirs Energies sets new standards for Africa’s energy security, integrating hydrocarbons, renewables, doubling OML 17 output

Oredola Adeola Heirs Energies, Africa's leading integrated energy company, has showcased its innovative approach to revitalizing Oil Mining Lease (OML) 17—acquired from Shell, Total, and Eni in 2021—establishing new industry…

Admin
Admin
November 11, 2024
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.  …

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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…

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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…

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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,…

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Admin
November 5, 2024
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