The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has said that Nigeria did not build a new crude oil export terminal for over half a century until the completion of the Otakikpo Onshore Terminal in Read More
Eko DisCo registers electricity company as Lagos subsidiary
Eko Electricity Distribution Company Plc (EKEDC) has formally registered Excel Electricity Distribution Company Limited as a wholly owned subsidiary to oversee its electricity distribution operations within Lagos State. The move, according to the company, aligns with the regulatory framework established Read More
VivaJets targets Africa’s oil sector with new investment
Nigeria and other African countries may see a reduction in the per-barrel cost of oil production and improve operational stability with dedicated logistics aimed at phasing out downtime across the upstream and downstream petroleum industry, VivaJets’ Chief Executive Officer, Erika Achum, Read More
‘Plant availability, maintenance critical to energy security’
As Nigeria continues to struggle with persistent power outages and low electricity generation, experts have warned that plant availability and effective maintenance remain the country’s weakest links in achieving energy security. The post ‘Plant availability, maintenance critical to energy security’ Read More
Yoruba groups hail Lagos new power initiative, demand probe of DisCos
The Coalition of Pan-Yoruba Groups, under the aegis of the Alliance for Yoruba Democratic Movements (AYDM), has commended the decision of the Lagos State Government to officially grant electricity distribution licences to two new companies. The post Yoruba groups hail Read More
Dangote Refinery commends Tinubu, NSA, others for averting PENGASSAN disruption
Dangote Petroleum Refinery has expressed profound appreciation to President Bola Ahmed Tinubu for his timely intervention in averting what it described as “the disruptive actions of PENGASSAN” against the company. The post Dangote Refinery commends Tinubu, NSA, others for averting Read More
PENGASSAN’s strike cut oil output by 16%, gas 30%, power 20% – NNPCL
Nigeria’s oil and gas industry is still grappling with the fallout of last week’s strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), with the Nigerian National Petroleum Company Limited (NNPCL) warning that systemic vulnerabilities remain Read More
Dangote Refinery: Arewa group faults PENGASSAN, urges dialogue
A Northern-based group, Arewa Social Contract Initiatives, has accused the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) of provoking economic sabotage with its call for a shutdown of crude and gas supplies to the Dangote Refinery. The group also Read More
Renaissance urges Nigeria to repurpose depleted oil reservoirs for Energy Transition
Renaissance Africa Energy Company Limited has called on Nigeria and other African countries to repurpose depleted oil reservoirs as part of efforts to drive decarbonisation and energy transition across the continent. Speaking at the Africa Energy Week in Cape Town, Read More
Gas flaring causing inadequate electricity supply in Nigeria — Experts
Energy experts have warned that Nigeria’s persistent gas flaring problem will continue to undermine electricity supply unless urgent action is taken to harness wasted gas for power generation. Speaking in Abuja at the 110th Nextier Power Dialogue themed “Tackling Gas Read More