… identifies collaboration between GenCos, TCN, DisCos as key to unlocking Nigeria’s power sector potential Osayande Igiehon, Chief Executive Officer of Heirs Energies Ltd, emphasized the need for timely action in leveraging Nigeria’s gas resources to secure the country’s energy…
Heirs’ Energies CFO, Nwanze forecasts $135 billion needed for power sector decarbonization by 2060.
… recommends innovative financing and strategic collaboration to drive Nigeria’s energy transition Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies, has urged the adoption of innovative financing mechanisms, including green bonds and blended finance, to accelerate the…
Lagos State Government Advocates Decentralization of Power Sector
The Executive Governor of Lagos State, Babajide Sanwo-Olu has reiterated the state’s commitment to decentralising power generation and distribution. He emphasised that reliable power access is essential for fostering industrial growth, stimulating entrepreneurship, and improving the quality of life in…
NAPE To Host Workshop for Media Professionals
The Nigerian Association of Petroleum Explorationists (NAPE), has announced the hosting of a workshop aimed at enhancing the skills of media professionals in the energy, oil and gas sectors. The workshop is themed “Trends in Energy Transition and AI-Assisted Oil…
NNPCL Reiterates Commitment to Lasting Peace and Prosperity in Niger Delta
The NNPC Ltd has reaffirmed its commitment to collaborating with host communities in the Niger Delta to achieve lasting peace and economic prosperity. This was stated by the Group CEO Mallam Mele Kyari during a dialogue session held in partnership…
COP29 Host, Azerbaijan’s Climate Action Rated ‘Critically Insufficient” by Climate Action Tracker
Azerbaijan, host of the 2024 UNFCCC COP29 has been given an abysmal rating of “Critically Insufficient” after it fell far below expectations in its climate action interventions. This was the outcome of an updated country analyses released by the Climate…
AOW: Africa’s Significant Gas Reserves Hold Solutions to Pressing Challenges, Says Seplat CEO
Africa possesses vast gas reserves that, if effectively utilized, can provide immediate solutions to the continent’s pressing challenges, according to Mr. Roger Brown, CEO of Seplat Energy Plc. He made this statement at the ongoing Africa Oil Week (AOW) Conference…
Lokpobiri, Oil Minister, Rejects Representative’s Misleading Statements on NNPC Refinery Operations.
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, regarding the Nigerian National Petroleum Company Limited (NNPCL). Busari, representing the Minister at…
CORAN: Dangote Asserts Africa Can Achieve Self Sufficiency in Petroleum Products Supply and Use; With 1.8mbpd Expected in 2025.
Highlights the need to boost crude oil production to support new refining capacity. Aliko Dangote, Chairman of Dangote Refinery has emphasized that Africa can become self sufficient in petroleum products supply and consumption; as well as position itself as a key player…
UTM Offshore to Unveil FID for $5bn Floating LNG Project; Spotlights Local Content as a Key to Africa’s Energy Security
Mr Julius Rone, the Group Managing Director/CEO of UTM Offshore Limited, has declared that before the end of 2024, an announcement on the Final Investment Decision (FID) on the $5billion Floating LNG Project will be made. Mr Rone, widely known…
