Advisors Reports

November 1, 2024Energy Transition News Oil & Gas Upstream

Shell’s $1.3bn asset sale to Renaissance: Tinubu’s SA Energy expresses confidence in NUPRC’s resolution of outstanding issues

… says Nigeria is open to investors … affirms Tinubu’s commitment to accelerate approvals for onshore, deep offshore assets, gas projects Oredola Adeola The Nigerian Government has expressed optimism regarding the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) commitment to…

November 1, 2024Documentary Downstream Energy Transition Finance Green Finance Impact Local Content Midstream Multilateral Finance News

MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves

… recommends sustained government support “Nigeria’s gas pipeline network meets just 10% of local demand, urgent investment needed to bridge critical gap”- ED MDGIF, Adama says Oredola Adeola The Midstream and Downstream Gas Infrastructure Fund (MDGIF), under the Nigerian Midstream…

November 1, 2024Distribution News Power

EKEDC pursues community-based strategy to address unplanned outages from illegal connections, vandalism in Ajah axis

… assures reliable power supply as 2024 comes to a close, ahead of Christmas, New Year festival … warns customers against unauthorized payments for STS 2.0 meter upgrades Oredola Adeola Eko Electricity Distribution Company (EKEDC) has attributed unplanned outages often…

October 31, 2024Advertorial Midstream News

Marowin Engineering secures partnership with Elcometer to boost pipeline integrity, reliability in Nigeria, Ghana

Oredola Adeola Marowin Engineering and Development Limited, an indigenous engineering and procurement company, has announced an exclusive partnership with Elcometer, a leading global manufacturer of equipment essential for ensuring integrity and flow assurance in pipeline systems. This collaboration grants local…

October 31, 2024Distribution News Power

EKEDC launches free STS 2.0-meter upgrade program starting October 31

… encourages customers to load previous tokens before upgrading Eko Electricity Distribution Company (EKEDC) has set Thursday, October 31, 2024, as the starting date for the Standard Transfer Specification (STS) 2.0-meter upgrade for its metered customers. This upgrade, according to…

October 31, 2024Downstream Gas Midstream News Oil & Gas Technology

NMDPRA recommends decommissioning of traditional petroleum outlets, to boost LPG, CNG storage in strategic energy shift

Ukoha announces annual awards to honour outstanding petroleum retailers for exceptional service, profitability Oredola Adeola With kerosene phased out and diesel’s market share shrinking, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recommended decommissioning traditional petroleum retail outlets…

October 31, 2024Distribution News Oil & Gas Power Transmission

Bulk power supply restored to Northern states after 10-day blackout

… as TCN completes repairs on vandalized Ugwuaji-Apir 330kV line … uncertainty looms over full power restoration as TCN expedite repairs on vandalized Shiroro-Mando line Oredola Adeola Partial restoration of bulk power supply has been achieved, therefore reconnecting electricity back…

October 30, 2024Documentary Midstream News Oil & Gas Upstream

Mainland Oil reaffirms commitment to strengthening Nigeria’s energy sector with expanded infrastructure,quality petroleum distribution

… reaffirms commitment to expanding energy access, driving innovation at OTL Africa Oredola Adeola Dr. Chris Igwe, Managing Director of Mainland Oil, reaffirmed the company’s commitment to enhancing Nigeria’s energy sector through infrastructure development and the distribution of high-quality petroleum…

October 30, 2024Downstream Midstream News Oil & Gas

Dangote urges NNPC, marketers to stop petrol imports

“Retailers should please come forward… I have half a billion litres of petrol—it’s costing me a lot of money “- Dangote laments Oredola Adeola Alhaji Aliko Dangote, President and CEO of Dangote Group, has urged the Nigerian National Petroleum Company…

October 30, 2024Concession Downstream Midstream News Oil & Gas Upstream

Tinubu rules out return to dollar transactions, commits to Naira-based crude oil sales to local refineries

.., charges NNPC,Dangote, stakeholders to use Afreximbank as settlement bank to resolve the Naira pricing for crude and refined products Oredola Adeola President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to implementing Naira-based sales of crude oil and refined…