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  • Dangote refinery raises petrol gantry price to N799, as MRS retail pump price increases to N839 per litre
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NERC unbundles TCN, as Nigeria ISO assumes market control, system operations
May 4, 2024Energy 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 transfered to NISO with equal terms   Oredola Adeola  …

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Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project
May 3, 2024DownstreamGasMidstreamNews

Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project

  …foresees 500mmscf/d surge in domestic gas supply   Oredola Adeola President Bola Tinubu lined up the 200mmscf/d AHL gas processing plant 2 (GPP – 2), 300MMscf/d ANOH Gas Processing Plant (AGPC), and the ANOH-OB3 CTMS gas pipeline project being…

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Relief to residents of Ajah-Lekki, as Adelabu commissions Siemens-PPI 132/33kv mobile substationed
May 3, 2024DistributionNewsPowerTransmission

Relief to residents of Ajah-Lekki, as Adelabu commissions Siemens-PPI 132/33kv mobile substationed

…facility commissioned 6 months after installation …TCN to connect Ajah mobile substation to EKEDC network   Oredola Adeola   Six months after the successfully installation, the 1x 63 MVA, 132/33KV Mobile Substation at Ajah Transmission Substation, Lagos State, under the…

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Ogun CNG truck accident: FG to make regulations against trucking of gas
May 2, 2024DownstreamGasMidstreamNewsOil & Gas

Ogun CNG truck accident: FG to make regulations against trucking of gas

…demands gas companies invest in more pipelines to deliver gas to end users   Oredola Adeola   The Federal Government has revealed the plan to improve the reliability of gas delivery to reduce the logistical challenges associated with truck-based transportation,…

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NMDPRA, stakeholders review Midstream HCDTrust to curb pipeline vandalism
May 1, 2024DownstreamEnvironmentImpactMidstreamNewsOil & Gas

NMDPRA, stakeholders review Midstream HCDTrust to curb pipeline vandalism

… enhance co-existence between licensees, lessees, and host communities   … Authority reveals plans to upgrade Dangote Refinery pre-commissioning license to fully operational status   Oredola Adeola   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the…

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NGA launches robust campaign targeting undergraduates, bolsters initiatives to tackle human capital issue amid Gas Decade
May 1, 2024DownstreamGasImpactMidstreamNewsOil & GasUpstream

NGA launches robust campaign targeting undergraduates, bolsters initiatives to tackle human capital issue amid Gas Decade

…inaugurates first student branch of NGA in UniPort   Oredola Adeola The Nigerian Gas Association (NGA) has embarked on an intensive lobbying effort focusing on undergraduates of Petroleum and Gas Engineering to drive the goal of sustainable gas utilisation and…

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Reps Committees assure fuel queues will vanish in 3 days, confirm availability of 1.5bn litres in NNPC storage facilities
May 1, 2024DownstreamNewsOil & Gas

Reps Committees assure fuel queues will vanish in 3 days, confirm availability of 1.5bn litres in NNPC storage facilities

  …  call on security forces to deal with middlemen taking advantage of supply disruption to maximize profit   Oredola Adeola   The House of Representatives Committee on Petroleum Resources, Downstream and its counterpart on Midstream have assured the public…

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Waltersmith Refinery pays NCDMB N450m interim dividend from N4.5bn, out of N23.6bn profit-after-tax for 2023
May 1, 2024ConcessionFinanceMidstreamNewsOil & Gas

Waltersmith Refinery pays NCDMB N450m interim dividend from N4.5bn, out of N23.6bn profit-after-tax for 2023

Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) has announced the receipt of a N450 million interim dividend payment from the 5,000 barrels per day Waltersmith Refinery and Petrochemical Company Limited, located in Ibigwe, Imo State.  …

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