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DownstreamFinanceMidstreamOil & GasUpstream

NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive

Oredola Adeola   The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has assured operators and prospective investors of its commitment to continue investing in the development of huge oil and…

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Thursday, May 9, 2024
DistributionDocumentaryEnergy TransitionGenerationGreen FinanceImpactNewsPowerSolarTransmission

FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 

... unveils lists of several approaches necessary to accomplish Nigeria's energy goals ... seeks stakeholders' input   Oredola Adeola   The Federal Government has launched the Gazettes of the National…

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admin
Thursday, May 9, 2024
ConcessionGenerationHydroplantNewsPower

Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW

Oredola Adeola   Mainstream Energy Solutions Limited has commenced the installation of $82 million generating units 1G3 and 1G4 in the empty pits at the Kainji Hydropower Plant, aiming to…

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Thursday, May 9, 2024
FinanceNewsOil & GasSabotageUpstream

Lagos receives N3.911bn in oil derivation funds between 2018- 2021

… loses revenue due to ongoing production issues at Aje field ... as dispute between Yinka Folawiyo, technical partners lingers   Oredola Adeola The Lagos State Government has that it…

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Wednesday, May 8, 2024
DistributionNewsPower

NERC upgrades 60 additional EKEDC feeders to Band A, total count hits 134

...  upgrade limits Eko DisCo Band B feeders to 49   Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 60 feeders in…

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Tuesday, May 7, 2024
DownstreamNewsOil & Gas

NNPCL confirms fuel queues dissipating in Lagos, FCT other states

... announces 1.5 bn litres of petrol stockpile to meet 30 days of supply ... cautions motorists against panic buying   Oredola Oredola   As part of measure to thin…

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Tuesday, May 7, 2024
NewsOil & GasUpstream

OTC 2024: Nigerian govt. vows to eradicate business hurdles, boost investors confidence in oil, gas sector

... as Lokpobiri applauds PETAN for providing platform for Nigerian companies to showcase their businesses to world   ... 12 lucrative oil blocks on offer in 2024 bid round with…

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Tuesday, May 7, 2024
DistributionNewsPower

NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH

  ...  effective May 6, 2024 ...as Ikeja, Eko DisCos implement May 2024 supplementary order     Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has issued the May…

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Monday, May 6, 2024
DownstreamFinanceGasMidstreamNewsOil & GasUpstream

Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network

...to deliver 60 millons SCF of gas Daily by Q4 2025   Oredola Adeola   Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct…

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Saturday, May 4, 2024
Energy TransitionNewsPower

NERC unbundles TCN, as Nigeria ISO assumes market control, system operations

.. BPE, MOFI emerge as NISO shareholders ... TCN to focus on developing, maintaining power transmission infrastructure ... as Engr. Dr. Eje steers NISO ...all employees under defunct System Operator…

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Saturday, May 4, 2024
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