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NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill
December 19, 2024DistributionGenerationNewsPowerTransmission

NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill

  …orders EKEDC, Ikeja Electric to create subsidiaries for Lagos electricity market. … Lagos joins list as 8th state approved by NERC Oredola Adeola Two weeks after Lagos State Governor Babajide Sanwo-Olu signed the Lagos Electricity Bill 2024 into law,…

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PH refinery reactivation: NLC, NUPENG verify revival, silence naysayers
December 17, 2024DownstreamFeatureLocal ContentMidstreamNews

PH refinery reactivation: NLC, NUPENG verify revival, silence naysayers

…FG urged to secure the gains Emmanuel Akani A recent fact-finding visit by labour leaders has dispelled the uncertainties surrounding the operational status of the newly revived old Port Harcourt Refinery, with a capacity of 60,000 barrels per day. The…

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Shell announces FID on $5bn Bonga North deepwater project
December 16, 2024ImpactMultilateral FinanceNewsOil & GasSpecial ReportSustainabilityUpstream

Shell announces FID on $5bn Bonga North deepwater project

Tinubu says “Bonga North reflects transformative reforms under Presidential directives 40, 41, 42”  Verheijen describes Bonga North FID a game-changer, refuting misconceptions about IOCs exiting Nigeria   Oredola Adeola Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of…

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Oil spill hits Shell loading terminal in Bonny after pipeline rupture
December 16, 2024EnvironmentImpactNewsOil

Oil spill hits Shell loading terminal in Bonny after pipeline rupture

… NIMASA confirms incident, NOSDRA assesses damage Oredola Adeola An oil spill caused by a ruptured pipeline occurred on Saturday, December 14, 2024, at the Shell Petroleum Development Company (SPDC) loading terminal in Bonny, Rivers State. The Nigerian Maritime Administration…

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NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16
December 16, 2024DistributionEnergy TransitionFinanceGenerationNewsPowerRenewablesSustainability

NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16

… aims to drive cost-reflective pricing for dedicated power generation facilities   Oredola Adeola   As part of efforts to establish cost-reflective tariffs for dedicated power generation facilities, the Nigerian Electricity Regulatory Commission (NERC) has directed all mini-grid developers in…

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NCDMB, First Marine seek FG support for Birogo river dredging to enhance Bayelsa marine, oil operations
December 9, 2024MaritimeMidstreamNewsOil & GasService CompanyTechnologyUpstream

NCDMB, First Marine seek FG support for Birogo river dredging to enhance Bayelsa marine, oil operations

“Drilling Companies in Bayelsa No Longer Need Onne Port”—FMES Chairman, High Chief Penawou   Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called for collaboration with the Federal Government and relevant agencies to dredge the Birogo River,…

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Oyo commissions Phase 1 (5 MW) of 11 MW power plant
December 6, 2024DistributionGenerationNewsPower

Oyo commissions Phase 1 (5 MW) of 11 MW power plant

… as work on Phase 2 (6MW) begins Governor Makinde decries year-long delay in securing NERC clearance for Oyo IPP Oredola Adeola The Oyo State Government has commissioned the first phase of its 11 MW Independent Power Project (IPP), a…

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TCN upgrades bulk power supply to Lagos, Ogun with $200m World Bank support
December 5, 2024DistributionNewsPowerTransmission

TCN upgrades bulk power supply to Lagos, Ogun with $200m World Bank support

“Completion of substations crucial to FG’s 10,000 MW grid capacity target by 2025,” says Abdulazeez Michelle Savage The Transmission Company of Nigeria (TCN) has strengthened Lagos and parts of Ogun State’s electricity supply infrastructure with the commissioning of new power…

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#PNC2024: CNG vehicle conversion centers in Nigeria surge from 7 in 2023 to 158 in 2024 – Pi-CNG confirms 
December 5, 2024DocumentaryEnergy TransitionGasImpactLocal ContentMidstreamNewsTechnology

#PNC2024: CNG vehicle conversion centers in Nigeria surge from 7 in 2023 to 158 in 2024 – Pi-CNG confirms 

…secures 10 hectares of land for establishment of CNG manufacturing hub in Ajaokuta, Kogi State   Oredola Adeola The Presidential Committee on Compressed Natural Gas Initiative (Pi-CNG) has confirmed a significant increase in the number of CNG vehicle conversion centers…

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High-performance computing infrastructure – technology enabler to unlock Nigeria’s oil, gas potential
December 4, 2024MidstreamOil & GasOpinion-editorialSustainabilityTechnologyUpstream

High-performance computing infrastructure – technology enabler to unlock Nigeria’s oil, gas potential

Op-ed by Aderonke Hunponu-Wusu The Oil and Gas industry has witnessed significant growth over the decades with many countries around the world possessing substantial and proven oil reserves. Nigeria is the sixteenth largest oil producer worldwide with several major and…

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