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Axxela announces Final Investment Decision (FID) to develop 50 MMSCF/D gas processing plant
April 23, 2024GasLocal ContentMidstreamNewsOil & GasUpstream

Axxela announces Final Investment Decision (FID) to develop 50 MMSCF/D gas processing plant

…  first phase (12 MMSCF/D modular plant) with interconnection pipeline network of about 4km …  to commence operations by the end of 2024 …targets abundant CNG for vehicles, decentralized power solutions   Oredola Adeola   Axxela Limited has announced that…

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Ekiti State Govt takes over electricity market oversight from NERC
April 23, 2024ConcessionDistributionEnergy TransitionImpactNewsPower

Ekiti State Govt takes over electricity market oversight from NERC

… NERC orders Benin DisCo, Ibadan DisCo to establish subsidiaries for in-state electricity distribution in Ekiti State   Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has handed over the regulatory oversight of the electricity market in Ekiti State from…

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Vandalism of transmission towers surge, as TCN records 6 incidents in 5 months
April 23, 2024DistributionImpactNewsPowerSabotageTransmission

Vandalism of transmission towers surge, as TCN records 6 incidents in 5 months

  … vandals strike four towers along Jos-Gombe 330kV transmission line on Monday   …. third time’s the charm: Gombe’s connecting transmission line hit again   Oredola Adeola Nigeria has recorded a surge in incidents of vandalism of transmission lines,…

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NERC activates Electricity Act, transfers regulatory oversight of electricity market in Enugu State to EERC
April 22, 2024News

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 oversight of the electricity market in Enugu state to Enugu…

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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
April 22, 2024FeatureOil & 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 in granting consent to the sale of $1.3 billion ExxonMobil’s…

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NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution
April 22, 2024DownstreamEnergy 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 in advancing the adoption of Compressed Natural Gas (CNG) and…

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 Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects
April 19, 2024DocumentaryGasImpactMidstreamNewsOilSustainability

 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 Balewa University Teaching Hospital Bauchi for constructing and equipping a…

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PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply
April 19, 2024Extractive 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 expressed its members’ eagerness to collaborate with the Nigerian Upstream…

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NNPCL, First E&P begin oil production from Madu field in OML 85, target oil 20,000 barrels per day
April 19, 2024NewsOil & 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 from the Madu Field, located in OML 85, in shallow…

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Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024
April 19, 2024EditorialFinanceGenerationImpactNews

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 financial success in the first quarter (Q1) of 2024.  …

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