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GasLocal ContentNewsOil & GasUpstream

OB3 pipeline project deadline shifted, as Ekpo sets March 2024 target 

  Oredola Adeola In an unexpected twist just three months after assuring a timely completion by the end of 2023,  Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas) has…

Admin
Admin
February 27, 2024
FinanceGasImpactLocal ContentNewsOilOil & GasUpstream

NGA unveils strategic initiatives for 2024, focuses on gas industry advocacy, growth 

... introduces new membership framework, NGA student chapter   Oredola Adeola   The Nigerian Gas Association (NGA) has set ambitious goals for 2024, focusing on enhancing advocacy for the implementation…

Admin
Admin
February 27, 2024
FinanceGreen FinanceHydrogenNewsRenewablesSolar

Oando leads Nigeria energy transition charge at NIES 2024

  Oredola Adeola   Oando PLC, Nigeria's premier energy solutions provider, has announced the plan to showcase investments in renewables and sustainable energy sources, as one of the companies leading…

Admin
Admin
February 27, 2024
EnvironmentImpactLocal ContentMaritimeNewsSabotage

Nigeria considers review of NIMASA Act, seeks to repeal antique fisheries law imposing N500 fines on unlicensed craft owners

  Oredola Adeola The Nigerian Government is gearing up to overhaul its antiquated Fisheries Act of 1967, which currently enforces penalties as low as a fine of N500 or six…

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Admin
February 26, 2024
DistributionImpactNewsPower

EKEDC battles transformer sabotage with over 100 units stolen

  Oredola Adeola   The Eko Electricity Distribution Company (EKEDC) has revealed that over one hundred transformers have fallen victim to acts of sabotage and theft, stating that each damaged…

Admin
Admin
February 23, 2024
DistributionGasGenerationNewsPower

Electricity subsidy extension: Consumers advocacy leaders blast Senate

... Adegbemle says "electricity is now considered a commodity, not public utility" Oredola Adeola Electricity rights advocates and energy experts have criticized the Nigerian Senate for proposing to extend electricity…

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Admin
February 22, 2024
DistributionFinanceGenerationNewsPowerTransmission

Nigerian judges embark on comprehensive power industry training

  Oredola Adeola Nigerian judges have taken a proactive step towards enhancing legal competence within the judicial system by embarking on a comprehensive training program organized by the Nigerian Electricity…

Admin
Admin
February 21, 2024
FinanceGasImpactOil & GasOil theftSabotageSecurityUpstream

Uncertainty, multiple taxation hinder energy security, threaten Nigeria’s prosperity- NNPC GCEO warns

Oredola Adeola Mele Kyari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has identified lack of investment in the energy sector due to uncertainty…

Admin
Admin
February 21, 2024
FeatureGenerationGreen FinanceHydroplantPower

FG confirms transfer of $1.3 billion Zungeru hydroelectric power plant to Penstock Ltd

Oredola Adeola The Nigerian Government has confirmed that the transfer of ownership of the Zungeru Hydroelectric Power Plant to Penstock Limited took place on January 23, 2024, following the settlement…

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Admin
February 21, 2024
DistributionFinanceNewsPower

Tinubu agrees to settle N342m Presidential villa outstanding electricity debt

  Oredola Adeola The Presidency has stepped up to the plate, promising to settle the Presidential Villa's outstanding electricity bill with Abuja Electricity Distribution Company (AEDC), which was initially disputed…

Admin
Admin
February 21, 2024
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