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AEDC debtors given 72 hrs to clear outstanding bills or face disconnection by Monday
May 31, 2024DistributionNewsPower

AEDC debtors given 72 hrs to clear outstanding bills or face disconnection by Monday

Oredola Adeola   The Abuja Electricity Distribution Company (AEDC) has issued a 72-hour notice to all electricity customers with outstanding bills to settle their accounts immediately or face disconnection by Monday, June 3, 2024.   This notice was made public…

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NNPCL commissions 5.2 mmscfd CNG plant in Lagos, finalises FID with Axxela to establish 5 more
May 31, 2024DownstreamGasNews

NNPCL commissions 5.2 mmscfd CNG plant in Lagos, finalises FID with Axxela to establish 5 more

.. unveils plan to establish over 100 CNG stations nationwide   Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has finalized a deal with Axxela Limited to establish six CNG mother and service station plants with a capacity of…

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NNPC Ltd finally resolves $1.28b ExxonMobil-Seplat Energy dispute, signs settlement agreement
May 30, 2024NewsOil & GasUpstream

NNPC Ltd finally resolves $1.28b ExxonMobil-Seplat Energy dispute, signs settlement agreement

  … deals await NUPRC Subject-to-Clearance Consent within 30 days …  President Tinubu or Lokpobiri to give ministerial consent   Oredola Adeola   After over two years of delays, the Nigerian National Petroleum Company Limited (NNPC Ltd) has finally signed…

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Decade of Gas Secretariat identifies 20 key gas projects to deliver 4.6bcf/d by 2030, bridge 3bcf/d supply deficit
May 30, 2024DocumentaryEnergy TransitionGasImpactNewsSpecial Report

Decade of Gas Secretariat identifies 20 key gas projects to deliver 4.6bcf/d by 2030, bridge 3bcf/d supply deficit

… trains media to drive gas sector growth … assures OB3 pipeline completion to boost Nigeria’s domestic gas production by 20%   Oredola Adeola The Decade of Gas Secretariat has identified over 20 ongoing gas projects capable of unlocking 4.6…

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Gas firm sells cooking gas at N672/kg to over 4,000 Enugu residents, commemorates Gov. Mbah’s first anniversary
May 30, 2024DownstreamGasImpactNews

Gas firm sells cooking gas at N672/kg to over 4,000 Enugu residents, commemorates Gov. Mbah’s first anniversary

… Governor Mbah commends Second Coming Nigeria Ltd. for N20m cooking gas subsidy   Oredola Adeola Second Coming Nigeria Ltd, a Liquified Petroleum Gas (cooking gas) marketing company based in Enugu, has announced a reduction in the price of the…

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Lagos signs MOU with Dutch firm to convert 3,000 tonnes of waste daily into 75MW of electricity
May 29, 2024DistributionGenerationGreen FinanceImpactNewsPower

Lagos signs MOU with Dutch firm to convert 3,000 tonnes of waste daily into 75MW of electricity

… Waste-to-Energy plant sets to be located on Epe landfill, power 40,000 households … “It promises to reduce 550,000 tonnes of CO2 daily, divert 95% of Lagos waste from landfills”- Sanwo-Olu … “It would turn Lagos waste burden to wealth”…

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President Tinubu commissions N24.5bn Ogbia-Nembe road project delivered by NNPC Ltd, JV partners, NDDC
May 29, 2024ImpactNewsOil & Gas

President Tinubu commissions N24.5bn Ogbia-Nembe road project delivered by NNPC Ltd, JV partners, NDDC

…calls for more collaboration to deliver sustainable projects … “25.7km Ogbia-Nembe road project is a testament to power of collaboration, shared vision” – NNPCL Oredola Adeola   President Bola Tinubu commissioned the 25.7km Ogbia-Nembe Road, valued at N24.5 billion, traverses…

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MEMAN unveils multi-stakeholder initiative to tackle root causes of petroleum tanker explosions
May 29, 2024DownstreamImpactMidstreamNewsOil & Gas

MEMAN unveils multi-stakeholder initiative to tackle root causes of petroleum tanker explosions

… stakeholders embark on comprehensive measures to enhance petroleum tanker safety … marketers to turn down underage, untrained drivers, old trucks   Oredola Adeola   The Major Energy Marketers Association of Nigeria (MEMAN) has launched a stakeholder initiative involving the…

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Adelabu encourages certification of products by local manufacturers in power sector
May 28, 2024DistributionGenerationNewsPowerTransmission

Adelabu encourages certification of products by local manufacturers in power sector

  … mandates agencies to prioritize homegrown suppliers   Oredola Adeola   Adebayo Adelabu, Minister of Power, has called on major manufacturing companies to ensure their products meet the necessary standards through certification.   He therefore asserted that all agencies…

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11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report
May 28, 2024DistributionFeatureNewsPowerReview

11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report

.. Ikeja electric, EKEDC, AEDC retain tops DisCos in Q4,2023 collection efficiency … Jos, Yola DisCos hit rock bottom, collection efficiency falls below 50%   Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has released its fourth quarter (Q4,…

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