September 27, 2024DocumentaryExtractive IndustryImpactNewsOil & GasOil theftSabotageSpecial ProjectUpstream

NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024

… shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due to FG in oil, gas industry at of June 2024 … Nigeria records 7.68 mllion barrels of crude oil stolen, lost due to oil theft, other factors  …

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September 25, 2024News

MEMAN urges FG to prioritize Electric Vehicles amidst investment in traditional energy sources

…applauds Nigeria’s refinery boom … says Dangote, other modular refineries critical steps toward securing Nigeria’s energy future “EVs offer cost advantage for users, through reduced maintenance expenses” SAGLEV CEO says Oredola Adeola The Major Energy Marketers Association of Nigeria (MEMAN)…

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September 25, 2024DocumentaryDownstreamEnergy TransitionImpactLocal ContentMidstreamNewsOil & GasSustainabilityUpstream

PENGASSAN urges FG to divest 51% stake in PH, Kaduna, Warri refineries, adopts NLNG model for enhanced energy security, products affordability

… urges NNPCL to increase stake in Dangote Refinery to from 7% to 45% to guarantee fuel assurance Nigerians … recommends generative AI to monitor petroleum supply chains, combat smuggling, enhance energy efficiency Oredola Adeola PENGASSAN has called on the…

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September 24, 2024ConcessionFinanceImpactNews

FG offers additional N80.07bn for completion of 35.7km Bonny-Bodo Road project, amid rising costs, delays by Julius Berger

.. approves N158 bn contract in agreement with Dangote for service lanes linking Lekki Deep seaport to Shagamu-Benin expressway   Oredola Adeola The Federal Executive Council (FEC) has approved a revised contract cost of N280 billion, up from the N199.92…

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September 24, 2024DistributionNewsPowerSabotageTransmission

Vandals hit TCN’s reconstructed T372 tower on Gombe-Damaturu-Maiduguri 330kV line just 7 months after restoration

… as power supply disrupted in Yobe, Maiduguri … TCN works on temporary alternatives, via Potiskum, Maiduguri Emergency Power Plant   Oredola Adeola Just seven months and 20 days after its full reconstruction and energization, the Transmission Company of Nigeria…

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September 21, 2024DistributionNewsPower

EKEDC cautions customers against paying individuals, agents for meter procurement, insists on use of official payment channels

…initiates legal action against impersonator for defrauding customer of N760,375 in Ojo district Oredola Adeola Eko Electricity Distribution Company (EKEDC) has urged its customers to avoid paying individuals and unauthorized agents for its services, stating that all payments should be…

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September 21, 2024DocumentaryDownstreamEnergy TransitionEnvironmentGasImpactLocal ContentNewsUpstream

NLNG MD/CEO underscores energy exclusion risks, calls for investment in infrastructure, energy equity to achieve climate goals

“Rising population, youth energy demands highlight need for expanded energy access, infrastructure- Dr. Mshelbila   Oredola Adeola Dr. Philip Mshelbila, Managing Director and CEO of Nigeria LNG, has warned of the risks of energy exclusion, emphasizing that achieving global climate…

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September 20, 2024GenerationImpactSpecial Project

Mainstream Energy Solutions donates N100million to Borno State flood victims in Maiduguri

… provides relief to communities severely affected by devastating floods Oredola Adeola Engr. Lamu Audu, Managing Director and Chief Executive Officer, Mainstream Energy Solutions Limited (MESL), has handed over a cheque of N100 million to Governor Babagana Zulum, of Borno…

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September 20, 2024DocumentaryGasNewsOil & GasUpstream

NNPCL engages investors at Gastech 2024 to revive Brass, Olokola LNG projects

… capitalises on Presidential Executive Orders on Oil, Gas reforms, PIA   Oredola Adeola The Nigerian National Petroleum Corporation Limited (NNPCL), leveraging President Bola Tinubu’s Presidential Executive Orders on Oil & Gas Reforms and the Petroleum Industry Act (PIA), is…

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September 18, 2024GasOil & GasUpstream

NNPC, TotalEnergies launch $550 million Ubeta Gas field project to deliver 350mllion cubic feet of gas daily

  Oredola Adeola The $550 million upstream gas project between NNPC Ltd and TotalEnergies has commenced, aiming to develop the Ubeta field and deliver 350 million standard cubic feet of gas per day once operational. Olu Verheijen, Special Adviser to…

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