July 2, 2024DocumentaryGenerationImpactNewsPower

Egbin Power launches Innovation centre in Ikorodu to equip future leaders, ignite creativity

  Oredola Adeola Egbin Power, Nigeria’s premier power generation company, has inaugurated the ‘Bright Gyimah Centre for Innovation’ in Ikorodu, Lagos State, to provide students with the entrepreneurial, practical, and creative skills essential for success in today’s educational environment. Felix…

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June 29, 2024ImpactNews

NNPC foundation pre-qualifies 2,659 NYSC members for business pitching exercise

… offers 50% reduction in registration fees for corps members’ businesses with CAC   Oredola Adeola The NNPC Foundation has pre-qualified 2,659 National Youth Service Corps (NYSC) members across Nigeria for the final phase of its Business Pitching Exercise and…

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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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June 28, 2024DocumentaryFeatureGasImpactNewsOil & GasReviewUpstream

End of era for massive front-loaded oil blocks signature bonuses: Potential gains for Nigeria

Ibrahim Musa   The Federal Government through the upstream regulator, has slashed signature bonuses to a maximum of $10 million for deepwater assets and $7 million for shallow water and onshore assets, down from around $200 million previously.   The…

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June 27, 2024DocumentaryEnergy TransitionGasImpactNewsRenewablesSustainability

Sahara Group advocates for Africa to lead sustainability narrative through gas, renewables, carbon capture

  Oredola Adeola Sahara Group has made a case for Africa countries to champion a strong sustainability narrative such as focusing on natural gas commercialization, increased renewable energy use, investment in low-cost, low-emission clean energy solutions, protecting and rehabilitating natural…

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June 21, 2024DistributionImpactNewsPowerRenewables

All On awards $395,000 grant to Ceesolar Energy Ltd, to provide off-grid power to Bayelsa community

Oredola Adeola All On, a Nigerian impact investing company, has awarded a $395,000 grant to Ceesolar Energy Limited to provide off-grid power for 430 connections, benefiting around 2,000 residents of Oweighoroha community in Bayelsa State. The grant was signed and presented…

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June 21, 2024Energy TransitionExtractive IndustryGasImpactNewsOil & GasSpecial ReportSustainabilityUpstream

Nigeria, Russia, US, six others account for 75% of global gas flaring in 2023 -World Bank reports

…flared gas in 2023, reaches 148 bcm, highest level since 2019 …  9 bcm increase reverts world to levels last seen in 2019, with 6 years left to zero routine flaring deadline   Oredola Adeola The World Bank has reported…

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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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June 11, 2024DownstreamEnergy TransitionFinanceImpactLocal ContentMidstreamNewsOilOil & GasSustainabilityTechnologyUpstream

NCDMB recommends pan-African collaboration for oil-producing countries in local content development

… shares local content experience with Uganda energy officials “African oil-producing countries cannot achieve enough when they operate in silos,” Halilu, NCDMB Director Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called on African oil-producing countries to…

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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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