Impact – Page 21 – Advisors Reports

March 22, 2024Documentary Energy Transition Impact News Oil & Gas Upstream

Transparency, research, innovation, driving NNPC Ltd. transformation – EVP Gas, Power & New Energy

… “Gas has come to stay ” says Ogunleye Oredola Adeola Mr. Olalekan Ogunleye, Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd., has identified transparency, accountability, research, technology and innovation as key drivers of the…

March 22, 2024Distribution Impact News Power Transmission

Eko DisCo begins 5-year strategy to end estimated billing with 120,000 annual meter installations

… as NERC cautions electricity customers against self-procurement of transformers, cables, without formal agreements with DisCos Oredola Adeola With over 63 percent of its customers now metered, Eko Electricity Distribution Company launches an ambitious 5-year plan to eliminate estimated billing…

March 20, 2024Advertorial Documentary Finance Impact News Sustainability

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…

March 18, 2024Documentary Energy Transition Environment Gas Impact Midstream News Sustainability

Axxela clinches gold medal in 2024 EcoVadis sustainability rating with 97th percentile rank

Oredola Adeola Axxela Limited, a prominent sub-Saharan African gas and power company, has secured a prestigious Gold Medal in the 2024 EcoVadis Sustainability Rating, having attained 97 percentile rank through its dedicated integration of sustainability principles. This, according…

March 17, 2024Distribution Impact News Power

EKEDC inaugurates first 2x20MVA injection substation to address power rationing, outages in Surulere

…Gbajabamila says Tinubu allocates over N340bn in 2024 budget for power sector infrastructure revamp Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has inaugurated the first 20 MVA Injection Substation in Nigeria, dedicated to addressing power rationing…

March 14, 2024Distribution Impact News Power

IBEDC disconnects UCH Ibadan AGAIN over half a billion Naira unpaid electricity bill

Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) has cut off electricity supply to the University College Hospital (UCH) in Ibadan, Oyo State for the second time within two weeks over an enormous ₦500 million unpaid bill. Advisors…

March 14, 2024Distribution Impact News

Kaduna Electric refunds overbilled customers: 49,000+ beneficiaries named

Oredola Adeola Kaduna Electric has published the list of over 49,000 customers who have been refunded after being over billed as directed by the Nigerian Electricity Regulatory Commission (NERC). This was confirmed in a statement by Abdulazeez Abdullahi, company’s…

March 13, 2024Distribution Feature Generation Impact News Power Transmission

Abuja, Eko, Ikeja receive 611MW, 513MW, 603MW respectively, as load allocations increase to 3,470MW in 3 days

Oredola Adeola The Transmission Company of Nigeria (TCN) has ramped up load allocation to all electricity Distribution Companies (DisCos) with an average of 3,470MegaWatts distributed between Monday, March 11 and Wednesday, March 13, 2024, Advisors Reports’ analysis of load…

March 12, 2024Downstream Impact Midstream News Oil & Gas Oil theft Sabotage Security Upstream

Kyari urges EFCC to focus on crude oil theft, denies corruption allegations against NNPCL

…says many issues of corruption reported to public were either not true or recycled … NNPCL cracks down on 6,409 illegal refineries, disconnects 4,846 pipes in Niger Delta Oredola Adeola Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum…

March 12, 2024Advertorial Distribution Generation Impact Power

Power Minister reverses stance on revocation of licenses of underperforming DisCos

… orders NERC to explore innovative strategies to compel DisCos to enhance power supply Oredola Adeola In a significant turn of events, Chief Adebayo Adelabu, the Minister of Power, after acknowledging that revoking the license of an electricity…