Wentworth Resources provides Tanzania and Mozambique operational updates

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company,...

Angolan crude exports to edge up in July

Angola’s preliminary loading programme for July emerged on Thursday, indicating a rise of...

Libya’s Sirte Oil Company increases flows at Istiklal oilfield

NOC unit, Sirte Oil Company (SOC), completed successful development drilling of well FF03-6...

NLA, NABCO train 36 personnel on assembling solar powered e-kiosks in Ghana

The National Lottery Authority (NLA) in collaboration with the Nation Builders Corps (NABCO)...

Greenpeace Africa welcomes SA Minister’s rooftop solar decision

Media reported Wednesday that Energy Minister Jeff Radebe, has written a letter to...

Eni and Sonatrach extend gas supply contract till 2027

Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas...

Maersk Drilling’s rig fleet busy with more African work, others

Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy...

Libya’s NOC meets with Schlumberger

The head of the National Oil Corporation (NOC), Mustafa Sanallah discussed with Schlumberger...
OIL & GAS
ALTERNATIVE ENERGY
POWER
OIL & GAS

LPG association lauds FG over VAT removal

May 19, 2019

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) on Thursday commended the Federal Government for the removal of Value-Added Tax (VAT) on locally sourced Liquefied Petroleum Gas (LPG).…

U.S. imports of Nigerian crude fall as European demand remains high

May 19, 2019

A slightly larger-than-normal overhang of around 20 cargoes of Nigerian crude remain for June loading, with July programmes expected sometime next week. The U.S. Energy Information Administration (EIA) said…

Cranium Engineering deploys C-Kore cable monitor units offshore Nigeria

May 19, 2019

C-Kore systems recently completed their first deployment with VAYCO Oil Tools and local Nigerian partner Cranium Engineering on an asset integrity verification operation for a major oil operator off…

NNPC set to inaugurate largest cooking gas storage facility in Benin

May 19, 2019

The Nigerian National Petroleum Corporation (NNPC) says it will unveil the largest Liquefied Petroleum Gas (LPG) also known as cooking gas and Propane Storage and dispensing facility in Oredo,…

Oil production set to begin in Ogoni by October

May 19, 2019

Amid resistance, crude oil production will commence in Ogoni area of OML 11, as the Presidency recently directed the Nigerian National Petroleum Corporation/Nigerian Petroleum Development Company (NPDC) to takeover…

World Bank study confirms marketability of Nigeria’s flared gas plan

May 18, 2019

The Programme Manager for the Nigeria Gas Flare Commercialisation Programme (NGFCP), Mr. Justice Derefaka, has disclosed that a market analysis carried on the NGFCP by the International Finance Corporation…

Shelf gets jack up rig deal extension with Sirius Petroleum

May 17, 2019

Offshore drilling contractor Shelf Drilling has secured a contract extension for its Adriatic I jack-up unit in Nigeria. In its fleet status report released on Wednesday, Shelf said that…

NNPC gives reasons for difficulty in setting up refineries in Nigeria

May 17, 2019

The Group General Manager of Greenfield Refineries, a division of the Nigerian National Petroleum Corporation (NNPC), Mohammed Usman, has said it is difficult to set up new refineries in…

Seplat takes FID on alternate export pipeline

May 17, 2019

The Chairman, Seplat Petroleum, Dr. Ambrosie Orjiako, has said that 2018 operational and financial performance reflected the significantly higher year-on-year levels of production uptime in its core oil producing…

Nigerian airlines urge FG to reduce cost of aviation fuel, others

May 17, 2019

Nigerian airlines have called on the federal government to review its tax policy for the sector as well as the cost of aviation fuel, in order to reduce cost…

ALTERNATIVE ENERGY

FG to partner Standard Bank and Stanbic IBTC on funding mining

May 17, 2019

As efforts are on course to reposition the Mining and Steel sector to take its pride of place as first among equals in terms of contributions to national economic…

FEC approves $1bn Chinese EXIM bank loan for Gurara hydropower project

May 16, 2019

The Federal Executive Council, FEC on Wednesday approved $1 billion loan from Chinese EXIM Bank for the Gurara II Hydropower project. The Council also approved N5.7 billion for the…

Ekiti to partner consortium over alternative energy master plan

May 15, 2019

The Ekiti Government says it is ready to partner with a consortium of firms in drawing the master plan on the best alternative source of electricity for the state.…

Public buildings, Institutions to go on solar – FG

May 13, 2019

The Federal Government has stated plans to connect all public buildings and institutions to solar (off grid) power, in a bid to achieve its electrification programme for the country.…

AfDB approves $200m for Nigeria’s rural electrification projects

May 13, 2019

The African Development Bank Group (AfDB) has approved $200million to boost Nigeria’s electrification project, particularly the off-grid expansion being implemented by the Rural Electrification Agency (REA). A source in…

Daystar Power, Trine partner to fund solar projects in Nigeria, others

May 10, 2019

One of the major challenges faced by West Africa countries is electricity. For years, Nigeria, which is the region’s largest economy, has been unable to provide electricity to its…

Sterling Bank places renewable energy as key sector for investment

May 8, 2019

Sterling Bank Plc has called for reform of the energy sector at the  fourth Nigeria Energy Forum themed Upscaling Clean Energy for Sustainable Development supported by the lender. The project…

Osun Governor promises completion of small hydro-electric power project

May 4, 2019

Osun state Governor, Gboyega Oyetola has promised to complete the ongoing construction of the small hydroelectric power project initiated by his predecessor, Ogbeni Rauf Aregbesola. The power project is…

FG concessions 750KW solar project to Proserve Energy

May 3, 2019

The Federal Government has concessioned the 750 kilowatts (KW) solar power system that will energise the Federal Ministry of Power, Works and Housing (Power House) building in Abuja for…

Slovakian firm to assemble electric cars, energy bulbs in Cross River

May 3, 2019

The Cross River Government has concluded plans with a Slovakian firm, Sirieco, to establish electric car assembling plant in the state. The Chief Executive Officer of Sirieco Company Limited,…

POWER

TCN workers vow to resist planned power transmission shutdown

May 16, 2019

Workers at the Transmission Company of Nigeria on Wednesday vowed to maintain stiff resistance against the move by the Trade Union Congress to shutdown the electricity transmission arm of…

TCN explains why Benin, others receive stable electricity while Nigeria does not

May 16, 2019

Nigeria supplies about 80 per cent of the total quantum of electricity consumed in the Republic of Benin but power is more stable in the neighbouring country than it…

NERC orders suspension of electricity supply to VI, Ikoyi, Lagos

May 15, 2019

Nigerian Electricity Regulatory Commission (NERC) yesterday ordered suspension of electricity supply to consumers along Trinity Church and Water Corporation Road, Victoria Island, Lagos. Also affected are consumers along Upbeat Recreational…

CWG gets approval to provide meters for Ibadan Disco

May 15, 2019

The Nigerian Electricity Regulatory Commission (NERC) has given approval to CWG Plc to serve as the Meter Asset Provider (MAP) for Ibadan Electricity Distribution Company (IBEDC). CWG came top…

NERC fines Abuja Disco N250m for electrocution, violations

May 14, 2019

The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) N250 million for all infractions/ violations, including electrocution, payable on May 20, 2019. According to…

NERC plans 5yr electricity tariff for 11 Discos after 41 months

May 14, 2019

The Nigerian Electricity Regulatory Commission (NERC) has begun a process of reviewing the Multi Year Tariff Order (MYTO) 2015 after it implemented it and did not review it for…

Nigeria’s electricity generation falls from 4,129MW to 2,447MW

May 14, 2019

The nation’s power generation dropped by 1,682 megawatts on Monday from 4,129.2MW on Sunday. Data from the Nigeria Electricity System Operator, an arm of the Transmission Company of Nigeria,…

TCN makes case for functional SCADA to prevent further grid collapses

May 14, 2019

The Transmission Company of Nigeria, TCN, has made a case for functional SCADA in order to prevent a repeat of the nationwide blackout experienced last week’s Wednesday and Thursday…

PHED restores power supply to Port Harcourt

May 14, 2019

The Port Harcourt Electricity Distribution Company (PHED) has said that it has completed repairs of faulty Elelenwo transmission station that led to outages in several parts of Port Harcourt.…

All On advises Nigeria’s govt to heavily tax petrol, diesel generators

May 14, 2019

All On, which is a seeded company of Shell, has advised Nigeria to initiate and implement a graduated and weighty tax system on the production, assemblage and importation of…

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