January 13, 2025DocumentaryEnergy TransitionGasImpactMidstreamNewsOil & GasSustainability

Axxela Limited transitions into group structure with SBUs led by 4 MDs, 1 directorate

… drives future growth, market expansion Oredola Adeola Axxela Limited, has unveiled a significant organisational restructuring, transitioning to a group structure with Strategic Business Units (SBUs) led by individual Managing Directors and overseen by a group directorate, as part of…

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January 9, 2025DistributionEnergy TransitionGasGenerationNewsPower

Ihovbor power plant increases available capacity to 230MW after prolonged downtime since 2013

…restoration efforts boost capacity from 73MW in 2024 to 230MW in 2025, with phase 1 completed …available capacity opened for bilateral deals to boost supply to commercial, industrial clusters in Edo, environs   Oredola Adeola After extended operational downtime, the…

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January 3, 2025DocumentaryFeatureGasNewsSpecial ReportSustainabilityUpstream

How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round

By op-ed by Mohammed Musa There were indications that the just-concluded Nigeria’s 2024 Oil Licensing Round, organized by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, regulator of the upstream petroleum sector, was very successful. The reasons were not farfetched. First,…

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December 23, 2024DownstreamEnergy TransitionFinanceGasImpactMidstream

Greenville LNG sets ambitious target: 50 LCNG hubs within first seven months of 2025

Oredola Adeola Greenville LNG has announced an ambitious plan to construct 50 Liquefied Compressed Natural Gas (LCNG) hubs across Nigeria within the next seven months. This initiative is part of the company’s broader nationwide distribution strategy for 2025, aimed at…

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December 23, 2024DistributionFinanceGasGenerationImpactNewsPowerSpecial ProjectTransmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

… ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households … activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply Industry (NESI) is grappling with persistent financial instability, largely driven…

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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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December 4, 2024Energy TransitionGasLocal ContentMidstreamNewsOil & GasService CompanySustainabilityTechnology

#PNC2024: NNPC restructures NEPL, NETCO, EnServ to strengthen local content efforts

… build capacity for global energy leadership   Oredola Adeola NNPC Limited acknowledged that the strategic restructuring of its subsidiaries, including NNPC Exploration and Production Limited (NEPL), NNPC Engineering and Technical Company Limited (NETCO), and NNPC Energy Services Limited (EnServ),…

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November 26, 2024DocumentaryGasMidstreamNewsSpecial Report

Axxela’s Pioneer GCEO, Bolaji Osunsanya, retires; Board names Ogbemi Ofuya as new GCEO

… Osunsanya to collaborate with Ofuya until December 2024, to finalize Axxela’s ongoing enterprise reorganization Oredola Adeola Bolaji Osunsanya, outgoing Chief Executive Officer of Axxela Limited, has officially retired after over two decades of exemplary leadership, stepping down at 60…

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November 20, 2024ConcessionDownstreamFinanceGasGenerationMidstreamNewsPowerUpstream

Lagos seeks NUPRC’s support for adequate gas supply, favourable pricing to boost state-owned power generation

NUPRC, LASG to set up a joint team on viability of the appeal Oredola Adeola The Lagos State Commissioner for Energy, Biodun Ogunleye, has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to support the state’s aggressive drive to enhance…

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November 20, 2024DistributionDocumentaryEnergy TransitionEnvironmentGasGreen FinanceImpactNewsPowerRenewablesSolarUpstream

Eromosele, Iledare urge Nigerian Government to get serious, adopt pragmatic, inclusive energy strategy for over 200 million Nigerians 

Eromosele: Our energy sovereignty is under threat! Nigeria needs utility-scale solar plants, not mini-grids, to tackle energy poverty Iledare: We need a balanced energy mix strategy to sustain economic growth, create jobs, transition to renewable energy responsibly, without external pressure…

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