April 24, 2024Extractive IndustryImpactLocal ContentNewsOil & Gas

President Tinubu reconstitutes 15-Man NEITI Board, appoints Akume as Chairman, NNPC GCEO, FIRS Chairman others as members

  …confirms Dr. Orji’s 5-year single-term tenure, ending in February 2025   Oredola Adeola President Bola Tinubu has approved the reconstitution of a 15-man National Stakeholders’ Working Group (NSWG) for the Nigeria Extractive Industries Transparency Initiative (NEITI) with Sen. George…

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April 23, 2024ConcessionDocumentaryLocal ContentNews

Lokpobiri vows to investigate, expose $500m NCDMB funds allegedly misappropriated by Wabote

… says “I stand by my words” …urges media to visit partners facilities, conducts independent validations of NCDMB projects executed by Wabote   Temitayo Ayoola   Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) has reaffirmed claims that…

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April 23, 2024DistributionImpactNewsPower

EKEDC wins Energy Times’ Disco of the Year 2023

  Temitayo Ayoola   Eko Electricity Distribution Company (EKEDC) has been crowned the Distribution Company (Disco) of the year 2023, after outperforming its peers in several key performance indicators set by the Nigerian Electricity Regulatory Commission (NERC).   Babatunde Lasaki,…

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April 23, 2024GasLocal ContentMidstreamNewsOil & GasUpstream

Axxela announces Final Investment Decision (FID) to develop 50 MMSCF/D gas processing plant

…  first phase (12 MMSCF/D modular plant) with interconnection pipeline network of about 4km …  to commence operations by the end of 2024 …targets abundant CNG for vehicles, decentralized power solutions   Oredola Adeola   Axxela Limited has announced that…

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April 23, 2024ConcessionDistributionEnergy TransitionImpactNewsPower

Ekiti State Govt takes over electricity market oversight from NERC

… NERC orders Benin DisCo, Ibadan DisCo to establish subsidiaries for in-state electricity distribution in Ekiti State   Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has handed over the regulatory oversight of the electricity market in Ekiti State from…

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April 23, 2024DistributionImpactNewsPowerSabotageTransmission

Vandalism of transmission towers surge, as TCN records 6 incidents in 5 months

  … vandals strike four towers along Jos-Gombe 330kV transmission line on Monday   …. third time’s the charm: Gombe’s connecting transmission line hit again   Oredola Adeola Nigeria has recorded a surge in incidents of vandalism of transmission lines,…

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April 22, 2024News

NERC activates Electricity Act, transfers regulatory oversight of electricity market in Enugu State to EERC

  …sets deadline for completion of market oversight transfer in Enugu State by October 22, 2024     Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Enugu state to Enugu…

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April 22, 2024DownstreamEnergy TransitionGasImpactNewsOil & Gas

NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution

  Oredola Adeola   NIPCO Gas has been honoured with the title of Innovative Gas Company of the Year by Energy Times Newspaper, in recognition of the company’s pioneering initiatives in advancing the adoption of Compressed Natural Gas (CNG) and…

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April 19, 2024DocumentaryGasImpactMidstreamNewsOilSustainability

 Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects

Oredola Adeola   Nigeria LNG (NLNG) has signed Memoranda of Understanding (MOUs) with the Federal Medical Centre Asaba for renovating and equipping Neonatal Wards and Intensive Care Unit, Abubakar Tafawa Balewa University Teaching Hospital Bauchi for constructing and equipping a…

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April 19, 2024Extractive IndustryGasMidstreamNewsOil & GasService CompanyUpstream

PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply

“We have the rigs, we have the services, untapped resources underground that need to be tapped”- Engr. Ogunsanya   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has expressed its members’ eagerness to collaborate with the Nigerian Upstream…

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