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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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AEW 2024: Heirs Energies sets new standards for Africa’s energy security, integrating hydrocarbons, renewables, doubling OML 17 output
November 11, 2024Energy TransitionImpactLocal ContentNewsOil & GasUpstream

AEW 2024: Heirs Energies sets new standards for Africa’s energy security, integrating hydrocarbons, renewables, doubling OML 17 output

Oredola Adeola Heirs Energies, Africa’s leading integrated energy company, has showcased its innovative approach to revitalizing Oil Mining Lease (OML) 17—acquired from Shell, Total, and Eni in 2021—establishing new industry benchmarks and strengthening Africa’s energy security agenda. Osayande Igiehon, CEO…

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NNPCL wipes out $4.68 bn cash call debt, channels subsidy savings to drive sustainable, affordable energy for Nigerians
November 11, 2024ConcessionDownstreamGasMidstreamNewsOil & GasUpstream

NNPCL wipes out $4.68 bn cash call debt, channels subsidy savings to drive sustainable, affordable energy for Nigerians

… Mele Kyari confirms no debt owed to IOCs   Oredolà Àdeola The Nigerian National Petroleum Company Ltd (NNPCL) has cleared its outstanding $4.68 billion cash call debt to the five international oil companies operating in Nigeria, affirming that it…

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FG, inter-agencies action plans to prevent grid collapses may fail without forensic analysis, sanctions – Experts warn
November 11, 2024DistributionImpactNewsPowerTechnologyTransmission

FG, inter-agencies action plans to prevent grid collapses may fail without forensic analysis, sanctions – Experts warn

warn NEMSA’s oversight gaps, inadequate monitoring could undermine efforts to prevent grid failures “Engr. Samuel-On: Disco’s unchecked 33kV connections for Band A customers contribute to overloading, losses, frequent grid collapses” – Engr. Samuel-Oni ” TCN must prioritize system reliability over…

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Nigeria’s grid collapses for 11th time in 2024, as nationwide outage becomes  norm
November 7, 2024DistributionNewsTransmission

Nigeria’s grid collapses for 11th time in 2024, as nationwide outage becomes  norm

Oredola Adeola Nigeria’s national power grid collapsed once again on Thursday at precisely 11:29 a.m., just two days after a previous breakdown, plunging much of the country into darkness.   This latest development marks the 11th time the national grid…

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#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge
November 6, 2024DocumentaryGasGreen FinanceImpactMultilateral FinanceNewsOil & GasUpstream

#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge

… say Africa’s potential with 125bn barrels of oil, 620tcf of gas to meet global energy demand by 2040 Oredola Adeola Energy experts forecast a $58 billion investment influx into Africa’s oil and gas upstream sector in the coming years,…

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#AEW2024: Tinubu’s Energy Adviser calls for transformative shifts in Africa’s workforce
November 6, 2024DistributionDownstreamEnergy TransitionNewsOil & GasPowerSustainabilityUpstream

#AEW2024: Tinubu’s Energy Adviser calls for transformative shifts in Africa’s workforce

… urges Governments to employ skilled, talented, bold women, youth for implementation of radical solutions “In every African country, gender gaps must be closed… bringing women’s perspectives, capacity, energy to leadership is essential to building Africa of our dreams” –…

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National grid collapses again, disrupts power supply nationwide, spares Akwa Ibom 
November 5, 2024DistributionGenerationNewsTransmission

National grid collapses again, disrupts power supply nationwide, spares Akwa Ibom 

… as supply from 19 GenCos to national grid plummets from 2,711 MW to 61 MW in under an hour Oredola Adeola Nigeria’s national power grid experienced a partial collapse, at approximately 1:52 p.m. on Tuesday, November 5, 2024, leading…

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NMDPRA targets national gas grid system to ensure last-mile delivery
November 5, 2024DocumentaryDownstreamMidstreamNewsOil & GasUpstream

NMDPRA targets national gas grid system to ensure last-mile delivery

… sets to integrate legacy operators at zonal levels for improved gas accessibility … confirms significant rise in gas-related project applications Ukoha predicts shift in Nigeria’s energy focus from 209TCF reserves to last-mile delivery   Oredola Adeola The Nigerian Midstream and…

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Heirs Energies CEO to showcase energy leadership at African Energy Week 2024
November 4, 2024AdvertorialDocumentaryNewsSpecial Report

Heirs Energies CEO to showcase energy leadership at African Energy Week 2024

Oredola Adeola Heirs Energies, a leading integrated energy company in Africa, has announced its participation in the African Energy Week (AEW) 2024, taking place from Monday, November 4, to Friday, November 8, in Cape Town, South Africa This was contained…

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Rampant dismantling of transmission towers for steel sales by vandals, cause of frequent grid collapses – Tinubu’s Adviser Verheijen
November 4, 2024DistributionNewsTransmission

Rampant dismantling of transmission towers for steel sales by vandals, cause of frequent grid collapses – Tinubu’s Adviser Verheijen

… says, “Mass metering, technology-driven solutions, decentralization underway to strengthen grid”   Oredola Adeola   Olu Verheijen, Special Adviser to President Bola Ahmed Tinubu on Energy, has revealed that the ongoing issue of grid collapses is largely due to rampant…

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