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PowerUp ED, Adegbemle explains NERC’s tariff review, highlights efforts to protect consumers, vows to ensure DisCos’ accountability 
April 4, 2024DistributionDocumentaryGasGenerationImpactInterviewNewsPower

PowerUp ED, Adegbemle explains NERC’s tariff review, highlights efforts to protect consumers, vows to ensure DisCos’ accountability 

  … says “Affluent Nigerians to pay full electricity tariff “Government electricity subsidy shifts to vulnerable customers from April 2024”   Mr. Adetayo Adegbemle,  Executive Director of PowerUp Nigeria, a leading voice in Nigeria’s power sector has in this exclusive…

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 Electricity tariff hike looms, as NMDPRA sets 2024 gas prices: Power sector sees surge to $2.42/mmbtu
April 1, 2024DistributionGasGenerationNewsPower

 Electricity tariff hike looms, as NMDPRA sets 2024 gas prices: Power sector sees surge to $2.42/mmbtu

Oredola Adeola   The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled the domestic base price (DBP) and wholesale prices of natural gas for 2024, increasing the gas price for power Generation Companies (GenCos) from $2.18mmbtu to $2.42/mmbtu, while…

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Continuing with Diesel driven trucks for gas transportation, delivery in Decade of Gas is an economic paradox- Iheme, MD Gasavant
April 1, 2024DocumentaryGasGenerationInterviewLocal ContentMidstreamNewsOil & GasPowerTransmissionUpstream

Continuing with Diesel driven trucks for gas transportation, delivery in Decade of Gas is an economic paradox- Iheme, MD Gasavant

    … says “infrastructure key to achieving 10kg per capita gas consumption target in Nigeria” … urges private sector to lead Diesel-to-Gas facility conversion efforts   Engr. Emeka Iheme, Managing Director, Gasavant Africa, a Gas Infrastructure Development firm who…

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Adelabu vows to clear N1.4 trn NBET debt to Egbin Power
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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NALPGAM backs FG’s ban on LPG exportation, exposes activities of Shell, ExxonMobil others
March 25, 2024DownstreamEnvironmentGasImpactInterviewLocal ContentMidstreamNewsOil & GasSpecial Report

NALPGAM backs FG’s ban on LPG exportation, exposes activities of Shell, ExxonMobil others

… Olatunbosun challenges major oil companies to provide evidence of investment in gas infrastructure in Nigeria  … warns of potential cooking gas price surge, if Shell, Total continue exportation Mr. Oladapo Olatunbosun, National President of the Nigerian Association of Liquefied…

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Adelabu directs DisCos to prepare for 6100MW load uptake, proposes partial risk guarantee for GenCos in next 6 months
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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NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication
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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NNPCL makes strategic shift, vows to prioritize gas for power generation, industrialization over oil dominance
March 21, 2024DownstreamGasMidstreamNewsOil & GasPowerUpstream

NNPCL makes strategic shift, vows to prioritize gas for power generation, industrialization over oil dominance

  Oredola Adeola   The Nigerian National Petroleum Company (NNPC) Ltd. has revealed that its transition from traditional role as a major oil company to a key player in the gas sector, is deliberately pivoted towards utilizing gas for power…

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NGA hails Tinubu’s policy directives on natural gas, foresees economic boom 
March 19, 2024DownstreamFinanceGasNewsOil & GasUpstream

NGA hails Tinubu’s policy directives on natural gas, foresees economic boom 

  Oredola Adeola The Nigerian Gas Association (NGA) has hinted that the Federal Government’s recent publication of three vital policy directives in the Gazette, will not only draw significant investments but also improve security measures, elevate production rates, promote domestic…

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#CERAWeek2024: Kyari, NNPCL delegation hold high-profile talks with energy titans, business allies  
March 19, 2024Energy TransitionFinanceGasMidstreamNewsOil & GasPhoto NewsUpstream

#CERAWeek2024: Kyari, NNPCL delegation hold high-profile talks with energy titans, business allies  

Oredola  Adeola   At the commencement of the 2024 CERAWeek Conference in Houston, United States, Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd. and other members of the Nigerian delegation engaged in strategic…

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