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News

AGIS 2024: Experts suggest multi-sector collaboration, innovation for development of Africa’s gas resources

Oredola Adeola   Participants at the just concluded Africa Gas Innovation Summit (AGIS) 2024 held in Abuja, have called for collaboration among government, industry, academia, entrepreneurs, and venture financial institutions…

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Monday, June 24, 2024
DistributionNewsPower

Residents of Lalupon, environs disrupt IBEDC operations in protest of 10-year power outage

  ... IBEDC says construction of Lalupon injection substation, 33kV Feeder pending due to awaited CBN financial intervention Oredola Adeola   Residents of Lalupon and environs in Oyo State disrupted…

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Monday, June 24, 2024
DownstreamMidstreamNewsOil & GasSabotageUpstream

Dangote refinery accuses NMDPRA of permitting import of ultra-high sulfur Russian diesel

... faults IOCs for inflating local crude prices by $6 above market rates   Oredola Adeola Dangote Oil Refinery and Petrochemicals has raised concerns about its survival, accusing the Nigerian…

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Monday, June 24, 2024
Mining & Solid MineralNews

FG boosts foreign reserves by $5 m with first gold sale

Oredola Adeola The Federal Government has executed the first commercial transaction under the National Gold Purchase Program (NGPP), having refined over 70 kilograms of gold bars sourced from local artisanal…

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Sunday, June 23, 2024
DistributionNewsPower

11  DisCos receive N21.86bn for metering of unmetered Band A customers

... as NERC allocates N4.36bn to Ikeja Electric, N2.99bn to Abuja DisCo, N2.92bn to EKEDC    Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the use of N21,864,851,725.00…

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Sunday, June 23, 2024
GasMidstreamNewsOilTechnology

After 7 years of delays, FG confirms August 2024 completion date for OB3 gas pipeline

  ... new contractors adopt advanced micro-tunneling technology enabling OB3 pipeline under River Niger   Oredola Adeola After over seven years of attempts to meet the deadline, August 2024 has…

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Sunday, June 23, 2024
DistributionImpactNewsPowerRenewables

All On awards $395,000 grant to Ceesolar Energy Ltd, to provide off-grid power to Bayelsa community

Oredola Adeola All On, a Nigerian impact investing company, has awarded a $395,000 grant to Ceesolar Energy Limited to provide off-grid power for 430 connections, benefiting around 2,000 residents of Oweighoroha…

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Friday, June 21, 2024
Energy TransitionExtractive IndustryGasImpactNewsOil & GasSpecial ReportSustainabilityUpstream

Nigeria, Russia, US, six others account for 75% of global gas flaring in 2023 -World Bank reports

...flared gas in 2023, reaches 148 bcm, highest level since 2019 ...  9 bcm increase reverts world to levels last seen in 2019, with 6 years left to zero routine…

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Friday, June 21, 2024
Local ContentNewsOil & GasUpstream

PETAN proposes JV with Abia State to operate 158 oil wells

... to leverage NUPRC's marginal field scheme   Oredola Adeola The Petroleum Technology Association of Nigeria (PETAN) has proposed a Joint Venture (JV) model with the Abia State Government to…

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Friday, June 21, 2024
DocumentaryNewsSustainability

Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project

Oredola Adeola   As part of efforts put in place to advance the construction of sub-Saharan Africa's largest Food Security Systems and Central Logistics Park on a 1.2 million square…

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Friday, June 21, 2024
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Recent Posts

  • FG introduces willing-buyer mechanism to attract private investment in transmission load centres, substations, transformers
  •  Governor Adeleke signs Osun state Electricity Market Regulatory bill
  • NEC approves commencement of ₦185bn gas-to-power legacy debt payment 
  • Dangote Refinery records highest single-day petrol output of 52 million litres on November 22
  • NERC cracks down on DisCos, threatens to withhold OPEX over unpaid MAP refunds

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