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Shell’s $1.3bn asset sale to Renaissance: Tinubu’s SA Energy expresses confidence in NUPRC’s resolution of outstanding issues
November 1, 2024Energy TransitionNewsOil & GasUpstream

Shell’s $1.3bn asset sale to Renaissance: Tinubu’s SA Energy expresses confidence in NUPRC’s resolution of outstanding issues

… says Nigeria is open to investors … affirms Tinubu’s commitment to accelerate approvals for onshore, deep offshore assets, gas projects   Oredola Adeola The Nigerian Government has expressed optimism regarding the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) commitment to…

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MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves
November 1, 2024DocumentaryDownstreamEnergy TransitionFinanceGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNews

MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves

… recommends sustained government support “Nigeria’s gas pipeline network meets just 10% of local demand, urgent investment needed to bridge critical gap”- ED MDGIF, Adama says Oredola Adeola The Midstream and Downstream Gas Infrastructure Fund (MDGIF), under the Nigerian Midstream…

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Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security
October 29, 2024DocumentaryDownstreamEnergy TransitionFinanceLocal ContentMidstreamMultilateral FinanceNewsOil & Gas

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

Dr. Abdul-Hamid highlights Ghana-Burkina Faso pipeline agreement as a model for regional cooperation to enhance petroleum supply, security Aina, First Bank Energy Head suggests regional currency adoption in Anglophone Africa to curb FX volatility, citing Francophone stability Oredola Adeola Dr.…

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Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries
October 28, 2024DownstreamEnergy TransitionMidstreamNewsSustainability

Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries

… gas sector achieves 16 BSCF/D processing, 5 BSCF/D transportation, 1.5 BSCF/D distribution capacity – NMDPRA Chief Executive Oredola Adeola The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the expansion of Nigeria’s refining sector with the issuance…

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Gas Minister directs NMDPRA to develop cooking gas pricing framework within 90 days, as rates soar to N1,500/kg from N1,100/kg
October 23, 2024DownstreamEnergy TransitionGasMidstreamNewsPower

Gas Minister directs NMDPRA to develop cooking gas pricing framework within 90 days, as rates soar to N1,500/kg from N1,100/kg

…  to develop LPG blending, storage, delivery facilities domestically within 12 months   Oredola Adeola Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has instructed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to collaborate with stakeholders…

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Ed Ubong identifies natural gas as key industrial feedstock to boost Nigeria’s electricity generation, lower energy costs
October 23, 2024Energy TransitionGasMidstreamNewsUpstream

Ed Ubong identifies natural gas as key industrial feedstock to boost Nigeria’s electricity generation, lower energy costs

…  says “Nigeria holds over 206 tcf of gas reserves, ranking 9th globally, largest in Africa” Oredola Adeola industrial feedstock Ed Ubong, Coordinator of the Decade of Gas Initiative, has identified natural gas as not only a fuel but also…

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Heirs Energies CEO calls for stakeholders’ collaboration to address 70% energy deficit, ensure energy sufficiency for 200million Nigerians
October 21, 2024Energy TransitionGasNewsOil & GasRenewablesSolarUpstream

Heirs Energies CEO calls for stakeholders’ collaboration to address 70% energy deficit, ensure energy sufficiency for 200million Nigerians

…  says “Gas-to-power solution is not just an option; it is the mainstay of Nigeria’s energy future” Oredola Adeola Osayande Igiehon, CEO of Heirs Energies Ltd, has urged energy stakeholders to collaborate in addressing Nigeria’s nearly 70% energy deficit and…

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Nigeria requires $135 billion to achieve Net-Zero power sector by 2060 – Nwanze, Heirs Energies Ltd. CFO
October 17, 2024Energy TransitionGenerationGreen FinanceLocal ContentNewsPowerRenewablesTechnology

Nigeria requires $135 billion to achieve Net-Zero power sector by 2060 – Nwanze, Heirs Energies Ltd. CFO

… charges FG to foster international partnerships to accelerate technology transfer, renewable energy deployment Oredola Adeola Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies Limited has estimated that Nigeria will require approximately $135 billion to fully decarbonize…

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NIPCO MD urges FG to encourage Chevron, other IOCs to boost butane production for domestic cooking gas market
October 14, 2024DownstreamEnergy TransitionGasLocal ContentMidstreamNewsOil & GasUpstream

NIPCO MD urges FG to encourage Chevron, other IOCs to boost butane production for domestic cooking gas market

… suggests measures to drive down price of cooking gas … assures industry’s capacity to handle 5 million MT of LPG annually   Oredola Adeola Mr. Suresh Kumar, Managing Director of NIPCO Plc, has called on the Nigerian Government to…

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Netherlands commits €120 million to Lagos Waste-to-Energy project with Harvest Waste at Epe landfill
October 2, 2024DistributionEnergy TransitionEnvironmentGenerationNewsPowerRenewables

Netherlands commits €120 million to Lagos Waste-to-Energy project with Harvest Waste at Epe landfill

Oredola Adeola In alignment with the Lagos State Government’s goal of transforming waste in major dumpsites across the state into valuable resources and advancing sustainability, the government of the Netherlands, through the Dutch company Harvest Waste Consortium, has committed €120…

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