May 1, 2024DownstreamEnvironmentImpactMidstreamNewsOil & Gas

NMDPRA, stakeholders review Midstream HCDTrust to curb pipeline vandalism

… enhance co-existence between licensees, lessees, and host communities   … Authority reveals plans to upgrade Dangote Refinery pre-commissioning license to fully operational status   Oredola Adeola   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced the…

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May 1, 2024DownstreamGasImpactMidstreamNewsOil & GasUpstream

NGA launches robust campaign targeting undergraduates, bolsters initiatives to tackle human capital issue amid Gas Decade

…inaugurates first student branch of NGA in UniPort   Oredola Adeola The Nigerian Gas Association (NGA) has embarked on an intensive lobbying effort focusing on undergraduates of Petroleum and Gas Engineering to drive the goal of sustainable gas utilisation and…

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May 1, 2024DownstreamNewsOil & Gas

Reps Committees assure fuel queues will vanish in 3 days, confirm availability of 1.5bn litres in NNPC storage facilities

  …  call on security forces to deal with middlemen taking advantage of supply disruption to maximize profit   Oredola Adeola   The House of Representatives Committee on Petroleum Resources, Downstream and its counterpart on Midstream have assured the public…

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May 1, 2024ConcessionFinanceMidstreamNewsOil & Gas

Waltersmith Refinery pays NCDMB N450m interim dividend from N4.5bn, out of N23.6bn profit-after-tax for 2023

Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) has announced the receipt of a N450 million interim dividend payment from the 5,000 barrels per day Waltersmith Refinery and Petrochemical Company Limited, located in Ibigwe, Imo State.  …

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April 30, 2024AdvertorialDistributionImpactNewsPower

 EKEDC champions wellness at its annual Ikoyi Club 1938 Tennis week, focuses on health, sports

  Oredola Adeola   The Eko Electricity Distribution Company (EKEDC) has reaffirmed its dedication to backing health and wellness as well as sports development programs, showcased during the Tennis Tournament hosted at Ikoyi Club 1938.   Mrs Rekhiat Momoh, Acting…

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April 30, 2024DownstreamMidstreamNewsOil & Gas

Fuel scarcity: MEMAN floods Nigeria with over 300million litres of petrol from 8 vessels

… says scarcity will end few days   Oredola Adeola   The Major Energies Marketers Association of Nigeria (MEMAN) has revealed that the association’s members in Apapa and other locations in Lagos are currently taking delivery of Premium Motor Spirit…

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April 30, 2024AdvertorialDistributionDownstreamEnergy TransitionFinanceGasGenerationMidstreamNewsOil & GasPowerService CompanyUpstream

NAEC 2024 International Energy Conference set for October 3 in Lagos

  ….”We are focusing on solutions to energy transition, gas-to-power conundrums, underscoring Nigeria’s energy prosperity,” – Organisers   Oredola Adeola Top energy industry leaders and experts are expected to converge in Lagos on October 3, 2024, at the Association of…

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April 30, 2024DistributionImpactNewsPower

NERC approves prepaid meter price review, effective from May 1

…introduces competitive bidding for customers … permits electricity customers sole right to choose their preferred MAP …  MAPs face N500/N1,000 daily fines for delayed prepaid meter installations- Commission warns Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has approved…

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April 29, 2024DownstreamImpactNewsOil & Gas

Fuel scarcity worsens in Lagos, Abuja, as motorists struggle with adulterated, under-dispensed fuel amid soaring prices

.. petrol stations under locks and keys amid supply chain concerns   Oredola Adeola   As Nigerians continue to grapple with severe fuel scarcity, leading to the surge in the cost of Premium Motor Spirit (petrol), which has reached as…

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April 29, 2024AdvertorialDocumentaryNewsOil & GasUpstream

OTC 2024: Nigeria, others to discuss regional investment opportunities, collaboration

  …  as New House International leads SME trade delegation to OTC 2024 African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to discuss opportunities and collaborations for investment in the industry at the 2024 Offshore…

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