April 30, 2024AdvertorialDistributionDownstreamEnergy TransitionFinanceGasGenerationMidstreamNewsOil & GasPowerService CompanyUpstream

NAEC 2024 International Energy Conference set for October 3 in Lagos

  ….”We are focusing on solutions to energy transition, gas-to-power conundrums, underscoring Nigeria’s energy prosperity,” – Organisers   Oredola Adeola Top energy industry leaders and experts are expected to converge in Lagos on October 3, 2024, at the Association of…

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April 25, 2024EnvironmentFinanceGasImpactNewsOil & GasSustainability

FG offers additional N20.5 bn for completion of 35.7km Bonny-Bodo Road project by December 2024

… “Accept offer or face contract termination” – Minister of Works warns Julius Berger   Oredola Adeola with agency reports   Following a halt in the completion of the 35.7km Bonny-Bodo Road project in Port Harcourt by Julius Berger Nigeria…

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April 19, 2024EditorialFinanceGenerationImpactNews

Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024

… record soaring revenues, profits, strategic growth   Oredola Adeola   Amid Nigeria’s ongoing challenges within the power supply landscape, Geregu Power Plc and Transcorp Power Plc have demonstrated notable financial success in the first quarter (Q1) of 2024.  …

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April 18, 2024FinanceGasMidstreamNewsOil & Gas

NCDMB secures $1m ROI from NEDOGAS gas gathering project

  Oredola Adeola   The Nigerian Content Development and Monitoring Commission (NCDMB) has confirmed the receipt of a cheque of $1 million from the Nedogas Development Company Limited (NDCL) being part of the Return on Investment (ROI) on the 300…

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April 18, 2024FinanceGasMidstreamNewsOil & GasUpstream

Gas Supply, Purchase Agreement for $3.6 billion Brass  methanol, gas processing plant to be executed In May – Ekpo

Oredola Adeola The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the $3.6 billion Brass  methanol plant and gas processing plant in Odioma, Brass Island, Bayelsa State, to be executed by May, 2024. Ekperikpe Ekpo,…

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April 17, 2024AdvertorialConcessionDistributionFinanceNewsPower

KEDCO invests ₦1.2bn in 35km of 33kV HT Line, transformers, LT lines, prioritize 24-hr power supply to Dawanau market, Kano

Oredola Adeola   Kano Electricity Distribution Company (KEDCO) has concluded plans to invest ₦1.2billion for the construction of 35KM of 33kV high tension (HT) line from Bichi Transmission Sub-station to Dawanau market, installation of 2Nos 500KVA 33/.415 transformers, and low…

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March 29, 2024FinanceGasGenerationNewsPower

Adelabu vows to clear N1.4 trn NBET debt to Egbin Power

… makes commitment to address GenCos gas, forex hurdles   Oredola Adeola   Adebayo Adelabu, Minister of Power has assured a gradual settlement of the over N1.4 trillion owed to Egbin Power by the Nigerian Bulk Electricity Trading Plc for electricity generated…

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March 23, 2024DistributionFinanceGasImpactPowerTransmission

Adelabu directs DisCos to prepare for 6100MW load uptake, proposes partial risk guarantee for GenCos in next 6 months

… says TCN’s  transmission capacity now 8100MW ..sets to bridge 7m metering gap with N300bn funding boost .. unveils plan to use EKEDC, Ikeja Electric as standard for other DisCos   Oredola Adeola   Chief Adebayo Adelabu, the Minister of…

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March 22, 2024DownstreamFinanceGasGreen FinanceLocal ContentMidstreamNews

NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication

  Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG are currently have embarked on an onsite out-of-country monitoring visit to South Korea to inspect facilities fabricating Pressure Vessels, Columns, Heat Exchangers, and Filters for…

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March 20, 2024AdvertorialDocumentaryFinanceImpactNewsSustainability

PTDF extends deadline for 2024/2025 overseas scholarship scheme application to March 21, 2024

Oredola Adeola   The Petroleum Technology Development Fund, PTDF, stated that it has extended the deadline for the 2024/2025 Overseas Scholarship Scheme application from Monday, March 18, 2024, to Thursday, March 21, 2024, at 11.59pm.   According to a statement…

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