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    FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 
    May 9, 2024DistributionDocumentaryEnergy TransitionGenerationGreen FinanceImpactNewsPowerSolarTransmission

    FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4 

    … unveils lists of several approaches necessary to accomplish Nigeria’s energy goals … seeks stakeholders’ input   Oredola Adeola   The Federal Government has launched the Gazettes of the National Energy Policy (NEP) and National Energy Master Plan (NEMP), crafted…

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    Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW
    May 9, 2024ConcessionGenerationHydroplantNewsPower

    Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW

    Oredola Adeola   Mainstream Energy Solutions Limited has commenced the installation of $82 million generating units 1G3 and 1G4 in the empty pits at the Kainji Hydropower Plant, aiming to raise the plant’s total installed capacity from 760 megawatts (MWs)…

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    Lagos receives N3.911bn in oil derivation funds between 2018- 2021
    May 8, 2024FinanceNewsOil & GasSabotageUpstream

    Lagos receives N3.911bn in oil derivation funds between 2018- 2021

    … loses revenue due to ongoing production issues at Aje field … as dispute between Yinka Folawiyo, technical partners lingers   Oredola Adeola The Lagos State Government has that it received a cumulative sum of N3.911 billion in oil derivation…

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    NERC upgrades 60 additional EKEDC feeders to Band A, total count hits 134
    May 7, 2024DistributionNewsPower

    NERC upgrades 60 additional EKEDC feeders to Band A, total count hits 134

    …  upgrade limits Eko DisCo Band B feeders to 49   Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 60 feeders in the Eko Electricity Distribution Company’s (EKEDC) franchise area to Band…

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    NNPCL confirms fuel queues dissipating in Lagos, FCT other states
    May 7, 2024DownstreamNewsOil & Gas

    NNPCL confirms fuel queues dissipating in Lagos, FCT other states

    … announces 1.5 bn litres of petrol stockpile to meet 30 days of supply … cautions motorists against panic buying   Oredola Oredola   As part of measure to thin out supply issues and queues across the country, the Nigerian…

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    OTC 2024: Nigerian govt. vows to eradicate business hurdles, boost investors confidence in oil, gas sector
    May 7, 2024NewsOil & GasUpstream

    OTC 2024: Nigerian govt. vows to eradicate business hurdles, boost investors confidence in oil, gas sector

    … as Lokpobiri applauds PETAN for providing platform for Nigerian companies to showcase their businesses to world   … 12 lucrative oil blocks on offer in 2024 bid round with robust incentives – Engr Komolafe assures new entrants   Oredola…

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    NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH
    May 6, 2024DistributionNewsPower

    NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH

      …  effective May 6, 2024 …as Ikeja, Eko DisCos implement May 2024 supplementary order     Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has issued the May 2024 supplementary order downwardly revising the tariff for Band A…

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    Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network
    May 4, 2024DownstreamFinanceGasMidstreamNewsOil & GasUpstream

    Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network

    …to deliver 60 millons SCF of gas Daily by Q4 2025   Oredola Adeola   Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct and manage gas distribution infrastructure, encompassing 15km of pipeline routes,…

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    NERC unbundles TCN, as Nigeria ISO assumes market control, system operations
    May 4, 2024Energy TransitionNewsPower

    NERC unbundles TCN, as Nigeria ISO assumes market control, system operations

    .. BPE, MOFI emerge as NISO shareholders … TCN to focus on developing, maintaining power transmission infrastructure … as Engr. Dr. Eje steers NISO …all employees under defunct System Operator transfered to NISO with equal terms   Oredola Adeola  …

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    Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project
    May 3, 2024DownstreamGasMidstreamNews

    Tinubu to commission AHL, ANOH gas processing plants, ANOH-OB3 CTMS pipeline project

      …foresees 500mmscf/d surge in domestic gas supply   Oredola Adeola President Bola Tinubu lined up the 200mmscf/d AHL gas processing plant 2 (GPP – 2), 300MMscf/d ANOH Gas Processing Plant (AGPC), and the ANOH-OB3 CTMS gas pipeline project being…

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