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FG, USAID sign N115.2bn MoU to support power sector reform, clean energy transition
July 11, 2024DistributionEnergy TransitionFinanceGreen FinanceNewsPowerSustainabilityTransmission

FG, USAID sign N115.2bn MoU to support power sector reform, clean energy transition

“This collaboration may assist in Nigeria to surpass target of 6000MW by end of 2024”- Mamman PS Ministry of Power   Oredola Adeola The Federal Government of Nigeria and USAID have signed an N115.2 billion Memorandum of Understanding (MoU) to…

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ECN calls for broader energy mix to meet requirements of over one billion people across Africa
July 10, 2024ConcessionEnergy TransitionFinanceGreen FinanceImpactNewsPowerRenewables

ECN calls for broader energy mix to meet requirements of over one billion people across Africa

…seeks ties with World Energy Council for Nigeria’s sustainable growth Oredola Adeola The Energy Commission of Nigeria (ECN) has highlighted the urgent need for enhanced collaboration with the World Energy Council (WEC) to meet the energy requirements of over one…

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Kano DisCo allocates 41 priority sites to Axxela, PowerGen, DayStar, Elektron, 25 solar others  for 60MW mini-grid development
July 8, 2024DistributionEnergy TransitionGenerationGreen FinanceLocal ContentNewsPowerSustainability

Kano DisCo allocates 41 priority sites to Axxela, PowerGen, DayStar, Elektron, 25 solar others for 60MW mini-grid development

… advances embedded mini-grids to improve network reliability in Kano, Katsina, Jigawa   Oredola Adeola   Kano Distribution Company (KEDCO) has allocated 41 prioritized sites to 31 renewable and off-grid companies, including Axxela, PowerGen, DayStar, Elektron, Bagaja, ProServe, Husk, and…

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REA MD Aliyu to speak at Oriental News 3rd National Conference in Lagos on July 25
July 4, 2024DownstreamEnergy TransitionEnvironmentGreen FinanceNewsRenewables

REA MD Aliyu to speak at Oriental News 3rd National Conference in Lagos on July 25

…SEC Director General Dr.  Agama to highlight strategies for advancing green initiatives   Oredola Adeola The Ag. Managing Director and Chief Executive Officer, MD/CEO of the Rural Electrification Agency, REA, Abba  Aliyu has been scheduled to participate in the 3rd…

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Dr. Ainojie, Oando PLC ED urges energy companies to adopt integrated solutions
July 4, 2024Energy TransitionGreen FinanceImpactNewsOil & GasRenewablesSustainabilityUpstream

Dr. Ainojie, Oando PLC ED urges energy companies to adopt integrated solutions

…cautions African countries against rushed hasty attainment of 30-year SDG 7 vision “Africa needs to extract every molecule of oil, and natural gas to drive a sustainable future”- President/CEO OCEL Oredola Adeola Dr. Ainojie Alex Irune, Executive Director of Oando…

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Egbin Power reaffirms commitment to environmental care with comprehensive sustainability, carbon emissions reduction strategy
June 29, 2024Energy TransitionGenerationGreen FinanceImpactNewsPowerRenewables

Egbin Power reaffirms commitment to environmental care with comprehensive sustainability, carbon emissions reduction strategy

  Oredola Adeola Egbin Power Plc, the largest power generating station in Nigeria, has restated its commitment to treating the environment with the utmost care, with a comprehensive approach to sustainability and carbon emissions reduction, ensuring that all activities within…

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 Global Mine 2024 Report: PwC urges top 40 mining companies to enhance transparency, impact reporting
June 26, 2024Energy TransitionGenerationGreen FinanceMining & Solid MineralNewsTechnology

 Global Mine 2024 Report: PwC urges top 40 mining companies to enhance transparency, impact reporting

… percentage of completed mining deals on critical minerals rose to 40% in 2023 from 22% in 2019 …  lithium, copper dominate 70% of 2023 deal volume   Oredola Adeola As copper and lithium dominated over 70% of the deal…

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SEforALL Board reappoints Damilola Ogunbiyi for a second 5-year term as CEO
June 20, 2024Energy TransitionGreen FinanceImpactNewsPowerRenewablesSustainability

SEforALL Board reappoints Damilola Ogunbiyi for a second 5-year term as CEO

Oredola Adeola The Sustainable Energy for All (SEforALL) Governance Board approved the reappointment of Ms. Damilola Ogunbiyi to a second five-year term as Chief Executive Officer. Sherry Kennedy, SEforALL, Director of Communications, made this known in a statement obtained by Advisors Reports…

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NNPC-TotalEnergies JV signs USD$550m FID on Ubeta gas condensate field dev’t project
June 20, 2024FinanceGasGreen FinanceLocal ContentNewsUpstream

NNPC-TotalEnergies JV signs USD$550m FID on Ubeta gas condensate field dev’t project

…targets 350 MMScf of gas, 10,000bpd of crude oil, condensates … production start-up in 2027 … Kyari, Sangster say Ubeta field dev’t project launch was enabled by Tinubu’s Executive Order   Oredola Adeola   The Nigerian National Petroleum Company Limited-TotalEnergies JV…

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Tinubu unveils climate change strategy, sacks Dr. Dahiru, appoints Dr. Maduekwe as NCCC interim DG
June 10, 2024Energy TransitionEnvironmentGreen FinanceImpactNewsTechnology

Tinubu unveils climate change strategy, sacks Dr. Dahiru, appoints Dr. Maduekwe as NCCC interim DG

  … establishes SPEC to lead negotiations, align carbon market initiatives with Nigeria’s plans … appoints special envoy office, expanded Committee … hires experts to drive financial, technological aspects of climate action   Oredola Adeola   President Bola Tinubu has…

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