German Chancellor, Olaf Scholz, has rejected calls for a return to nuclear power in Germany, pointing to high costs and long construction times. “If someone decides to build a nuclear power plant now, it will be ready in 15 to…
Minister of Power inaugurates five projects under Presidential Power Initiative
The Minister of Power, Chief Adebayo Adelabu, has inaugurated five projects, located in Okene, Kogi State, Amukpe, Delta State, Potiskum, Yobe State, Apo in Abuja, and Ihovbor, Edo State, under the phase one of the Presidential Power Initiative (PPI). The…
NIES 2024: TotalEnergies wins ‘Upstream Company of the Year’ at Awards Gala
TotalEnergies has been rated the Upstream Company of the Year (2023) at the ongoing Nigeria International Energy Summit, NIES, in Abuja. The announcement was made at the NIES 2024 Gala Dinner & Awards which took place on Tuesday, February 27…
N.I.E.S 2024: Ifejika, Brittania-U CEO, advocates for Women to be more focused for sustainable inclusion
“To succeed in male dominated spaces, you need to be more focused and strategic in all you do” This was the counsel advocated by Mrs Catherine Uju Ifejika, CEO of Brittania-U Ltd, on Tuesday February 27, during the Women in…
Ekpo sets March 2024 target for completion of OB3 pipeline project deadline; months after initial December 2023 deadline.
Earlier today, Tuesday February 27, the Hon. Minister of State for Petroleum Resources (GAS), Hon. Ekperikpe Ekpo announced that the Obrikom / Oben (OB3) gas pipeline project would be completed in March 2024. This announcement was made at the Opening…
Nigerian Minister of State of Petroleum Resources (Gas) to Enforce Investment Opportunities at AEW
Nigeria’s Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo will speak at the African Energy Week (AEW): Invest in African Energy conference this November, outlining opportunities for foreign investment in the country’s gas value chain. With plans to increase…
Port Harcourt Refinery Receives Another Crude Supply from Shell Nigeria
Port Harcourt Refinery has again received another crude oil supply from Shell Nigeria ahead the commencement of refining operations later in the year. The Nigerian National Petroleum Corporation Limited (NNPCL) had said that test runs at the 60,000-bpd Port Harcourt…
Climate change: NNPC/TotalEnergies JV achieves zero gas flare
In pursuit of meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Agreement signed by the President Bola Ahmed Tinubu administration, the NNPC Ltd/TotalEnergies Joint Venture…
NERC: Discos fined N10.5bn for non-compliance on estimated billing
11 electricity distribution companies (DisCos) for have been sanctioned for non-compliance with capping of estimated bills for unmetered customers. According to the Nigerian Eelectricity Regulatory Commission (NERC), the sanctions were overdue as a review of the DisCos’ billing of…
Nigeria’s President, Bola Tinubu signs Electricity Act Amendment Bill into Law
Establishes National Hydroelectric Power Producing Areas Commission (N-HYPPADEC) Mandates 5% of actual annual Opex of Gencos from preceding year for development of host communities After months of expectations, the President, yesterday, assented and signed into law the amended Electricity…
