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News

NERC activates Electricity Act, transfers regulatory oversight of electricity market in Enugu State to EERC

  ...sets deadline for completion of market oversight transfer in Enugu State by October 22, 2024     Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory…

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Monday, April 22, 2024
FeatureOil & GasOpinion-editorialUpstream

NUPRC’s rapid progress in ExxonMobil’s $1.3bn Assets Deal to Seplat Energy Plc: A Tale of Swift Action and Commitment to Nigeria’s Energy Industry

  By Ibrahim Musa   There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay…

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Monday, April 22, 2024
DownstreamEnergy TransitionGasImpactNewsOil & Gas

NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution

  Oredola Adeola   NIPCO Gas has been honoured with the title of Innovative Gas Company of the Year by Energy Times Newspaper, in recognition of the company's pioneering initiatives…

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Monday, April 22, 2024
DocumentaryGasImpactMidstreamNewsOilSustainability

 Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects

Oredola Adeola   Nigeria LNG (NLNG) has signed Memoranda of Understanding (MOUs) with the Federal Medical Centre Asaba for renovating and equipping Neonatal Wards and Intensive Care Unit, Abubakar Tafawa…

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Friday, April 19, 2024
Extractive IndustryGasMidstreamNewsOil & GasService CompanyUpstream

PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply

"We have the rigs, we have the services, untapped resources underground that need to be tapped"- Engr. Ogunsanya   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has…

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Friday, April 19, 2024
NewsOil & GasUpstream

NNPCL, First E&P begin oil production from Madu field in OML 85, target oil 20,000 barrels per day

  Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production…

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Friday, April 19, 2024
EditorialFinanceGenerationImpactNews

Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024

... record soaring revenues, profits, strategic growth   Oredola Adeola   Amid Nigeria's ongoing challenges within the power supply landscape, Geregu Power Plc and Transcorp Power Plc have demonstrated notable…

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Friday, April 19, 2024
DistributionImpactNewsPower

Eko Disco proposes extension of 20hr power supply to Bands B-E, reaffirms commitment to delivering targets to band A customers

...awaits NERC approval for migration of more customers to Band A ...  reveals why paid customers remain unmetered, why prepaid payment link was disabled ... Lasaki explains how EKEDC customers…

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Friday, April 19, 2024
FinanceGasMidstreamNewsOil & Gas

NCDMB secures $1m ROI from NEDOGAS gas gathering project

  Oredola Adeola   The Nigerian Content Development and Monitoring Commission (NCDMB) has confirmed the receipt of a cheque of $1 million from the Nedogas Development Company Limited (NDCL) being…

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Thursday, April 18, 2024
FinanceGasMidstreamNewsOil & GasUpstream

Gas Supply, Purchase Agreement for $3.6 billion Brass  methanol, gas processing plant to be executed In May – Ekpo

Oredola Adeola The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the $3.6 billion Brass  methanol plant and gas processing plant in Odioma, Brass Island,…

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Thursday, April 18, 2024
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