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  • Dangote refinery raises petrol gantry price to N799, as MRS retail pump price increases to N839 per litre
  • National grid collapses again, DisCos record zero supply nationwide
  • Jake Riley, NCDMB empower 250 youths in Lagos with skills, starter packs across seven vocational sectors
  • REA, Lotus Bank partner to establish standalone DARES financing facility for solar energy developers

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EKEDC sets up taskforce to resolving power supply issues in Oko-Afo, Badagry, urges customers to settle outstanding bills
October 11, 2024DistributionNewsPower

EKEDC sets up taskforce to resolving power supply issues in Oko-Afo, Badagry, urges customers to settle outstanding bills

…  announces plan to implement ERP for fully automated metering process to combat procurement, installation delays Oredola Adeola Eko Electricity Distribution Company (EKEDC) has assured customers in the Oko-Afo and Badagry areas under its Agbara District of its commitment to…

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Citizen Assembly: NNPC sustains dialogue with Niger Delta ex-agitators, community leaders 
October 10, 2024News

Citizen Assembly: NNPC sustains dialogue with Niger Delta ex-agitators, community leaders 

…reaffirms commitment to peace, trust, economic growth across 9 oil-producing states Oredola Adeola The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its dedication to promoting peace and economic growth in the Niger Delta through ongoing dialogue and cooperation with…

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NALPGAM commends FG on LPG price stability, urges sustained efforts amid global challenges
October 10, 2024DownstreamImpactMidstreamNewsPowerUpstream

NALPGAM commends FG on LPG price stability, urges sustained efforts amid global challenges

… petroleum infrastructural utilisation is static or growing at a slow pace – Olatunbosun, NALPGAM President … foreign exchange challenges, geopolitical tensions, influence fluctuating prices of cooking gas – Inyang, DP NALPGAM Oredola Adeola The Nigerian Association of Liquefied Petroleum…

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NNPC raises petrol price to ₦998 in Lagos, ₦1,030 in Abuja, ₦1,075 in S-S, as downstream deregulation takes hold
October 9, 2024DownstreamMidstreamNewsOil & Gas

NNPC raises petrol price to ₦998 in Lagos, ₦1,030 in Abuja, ₦1,075 in S-S, as downstream deregulation takes hold

… petrol prices soar by 478% in 17 months, under Tinubu’s administration Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦998 per litre in Lagos.…

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Engr. Felix Ogbe pledges to revive NCDMB-NAICOM Insurance Services Guidelines signed in 2022
October 8, 2024Local ContentMidstreamNewsOil & GasUpstream

Engr. Felix Ogbe pledges to revive NCDMB-NAICOM Insurance Services Guidelines signed in 2022

… confirms Tinubu’s Presidential directives streamline oil and gas value chain, eliminate middlemen, cut contracting cycle to six months   Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has pledged to revive…

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EKEDC sets for operational system upgrade, reveals payment platforms to experience service downtime from October 18 to 21
October 8, 2024DistributionNewsPowerTechnology

EKEDC sets for operational system upgrade, reveals payment platforms to experience service downtime from October 18 to 21

…urges customers to recharge, pay their bills to avoid service disruption Oredola Adeola Eko Electricity Distribution Company (EKEDC) has announced its planned migration to a new, state-of-the-art, All-in-One System. The DisCo has thereby informed its customers about a planned payment…

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PETAN Chairman says oil and gas revenue is key to Nigeria’s economic growth, infrastructure development
October 8, 2024DownstreamMidstreamNewsOil & GasUpstream

PETAN Chairman says oil and gas revenue is key to Nigeria’s economic growth, infrastructure development

…failure to boost oil and gas production will continue to weaken Naira, deepen energy poverty – Ogunsanya warns   Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN) has emphasized that Nigeria’s sustainable development and…

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Nigeria Prizes @ 20: NLNG launches “Prize for Energy” reporting, expands sponsorship portfolio of awards to four
October 7, 2024DocumentaryImpactNews

Nigeria Prizes @ 20: NLNG launches “Prize for Energy” reporting, expands sponsorship portfolio of awards to four

… as Prisca Sam-Duru of Vanguard Newspaper receives N5 million award for two decades of outstanding reporting on NLNG prizes   Oredola Adeola Nigeria LNG Limited (NLNG) has launched the NLNG Prize for Energy Reporting for energy correspondents, enhancing its…

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 Don’t expect Dangote refinery to slash fuel prices crash to ₦400–₦500 per liter – Pinnacle Oil CEO warns Nigerians
October 7, 2024DownstreamNewsOil & Gas

 Don’t expect Dangote refinery to slash fuel prices crash to ₦400–₦500 per liter – Pinnacle Oil CEO warns Nigerians

“Large majority of petrol price increases we have seen in past year are due to fall in value of Naira” Oredola Adeola Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, has warned Nigerians against expecting Dangote’s refinery output to…

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UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project
October 7, 2024MidstreamNewsOil & GasSustainabilityUpstream

UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project

Africa’s natural gas reserves estimated at 630 trillion SCF, but investment in the sector remains low, says UTM Offshore CEO Rone   Oredola Adeola UTM Offshore Limited, led by Group Managing Director/CEO Mr. Julius Rone, is nearing the Final Investment…

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