May 2024 – Page 5 – Advisors Reports

May 9, 2024Distribution Generation News Power

NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license

… “Obtain licenses or face sanctions” – NERC Vice Chairman warns power investors Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned power firm operating in Nigeria, with a hefty penalty for…

May 9, 2024Downstream Finance Midstream Oil & Gas Upstream

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 gas infrastructure to facilitate their business operations in Nigeria. …

May 9, 2024Distribution Documentary Energy Transition Generation Green Finance Impact News Power Solar Transmission

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 Energy Policy (NEP) and National Energy Master Plan (NEMP), crafted…

May 9, 2024Concession Generation Hydroplant News Power

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 raise the plant’s total installed capacity from 760 megawatts (MWs)…

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

May 8, 2024Finance News Oil & Gas Sabotage Upstream

Advisors Reports

Advisors Reports

NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license

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

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

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

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

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

NNPCL confirms fuel queues dissipating in Lagos, FCT other states

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

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

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