Egypt set to invest $9bn in refineries upgrade

Egypt plans to upgrade six oil refineries at a cost of about $9...

S. Arabia to set up oil refinery, petrochemicals plant in S. Africa

Saudi Arabia plans to build an oil refinery and a petrochemicals plant in...

Small thermal plants hold promise for Africa’s economies

Small-scale power generation plants driven by hydrocarbon sources and biomass are still likely...

APPO and African producers call for unity, cooperation and reform

The African Petroleum Producers Organisation (APPO) and its member countries have called for...

Coal suppliers & IPPs influence Eskom’s request for tariff increase

Eskom focused on coal and independent power producers (IPPs) in its presentation at...

PURC asks Ghanaians to disregard 60% increment in electricity tariffs speculation

The Public Utilities Regulatory Commission (PURC) has called on Ghanaians to disregard the...

Namibian govt claims Angolan oil not up to standard

THE energy ministry says Angola's refined oil does not meet Namibian standards, but...

80 Liberians undertake power sector training in Nigeria

As part of efforts geared towards developing human capital in the West African...
OIL & GAS
ALTERNATIVE ENERGY
POWER
OIL & GAS

Major oil marketers say they wont resume petrol imports soon

Jan 21, 2019

The Major Oil Marketers Association of Nigeria, MOMAN has said it is not pondering on resumption of petroleum products importation at the moment because the regulatory environment is not…

Poor regulation stalling local crude refining – MOMAN

Jan 21, 2019

Players in the country’s petroleum sector, especially the downstream, are sceptical investing in local crude refining, owing to poor regulatory framework evident in the delay in non-assent to the…

NNPC partners African Transportation Union to curb cross-border leakages

Jan 20, 2019

The Nigerian National Petroleum Corporation (NNPC) has sought effective collaboration with members of the African Union of Transportation and Logistics Organization to halt incidents of cross-border leakages of petroleum…

Nigerian Bonny and Qua Iboe crude grades offered at 10-month highs

Jan 19, 2019

Nigerian crude oil has been offered at its highest levels in almost a year this week, traders said, citing cheaper freight rates and shorter supply of competing grades such…

NNPC blocks downstream sector leakages worth N307bn annually

Jan 19, 2019

The Nigerian National Petroleum Corporation in a document on key achievements of the current management of the oil firm says it has blocked leakages in the country’s oil and…

NNPC paid $993.7m cash call arrears by September 2018

Jan 19, 2019

Nigeria’s state oil firm said on Jan. 18 it had paid $993.7 million up to September in arrears owed to its joint ventures with multinational oil companies by September…

Refineries want access to loans – Eko Refinery Chairman

Jan 18, 2019

Eko Refinery and Petrochemical Company has appealed to the Federal Government to support local refiners with sovereign guarantees loans for the completion of their modular refineries. Mr Emmanuel Iheanacho,…

Price of cooking gas decreased in Dec 2018 – NBS

Jan 18, 2019

The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in November 2018,…

Nigerian petrol demand up 1.5% to 53m liters/day in 2018 – PPPRA

Jan 18, 2019

Petrol demand in Nigeria averaged 53 million liters/day in 2018, up about 1.5% from the previous two years, the country’s state fuel import regulatory body said. “Based on PPPRA…

FG postpones submission deadline for gas bid

Jan 18, 2019

The Nigerian Government has extended the submission date for the first step of the licencing round for uptake of flare gas sites in the country. The submission deadline for…

ALTERNATIVE ENERGY

Fashola inspects Iponri market solar electrification project

Jan 21, 2019

The Federal Government of Nigeria, through the Rural Electrification Agency, is implementing the Energizing Economies Initiative (EEI) which supports the rapid deployment of off-grid electricity solutions to provide clean,…

Tender for 15 MW/5MWh solar-plus-storage project released in Nigeria

Jan 18, 2019

The University of Benin has started the qualifiction stage of the tender for a project that will be developed as a public-private partnership. Developers for the 15 MW/5 MWh…

REA approves N1.9b grants for Nigerian mini-grid, solar projects

Jan 18, 2019

The Rural Electrification Fund (REF) implemented by the Rural Electrification Agency (REA) yesterday signed agreements for the disbursement of N1.9billion grant for the execution of mini-grid and solar home…

Discos’ operations threatened as Tesla eyes Nigerian power market

Jan 16, 2019

United States electric carmaker Tesla has introduced in Nigeria batteries that can power homes and businesses, which could worsen the pathetic situation of electricity distribution companies currently veering dangerously…

No diversion of N219b allocated for Mambilla power project – Fashola

Jan 14, 2019

Minister of Power, Works and Housing, Babatunde Fashola, has said there is no budgetary or cash provision of $600 million (about N219 billion) for the Mambilla power project. The…

TCN receives approval to evacuate power from Mambila hydro power plant

Jan 14, 2019

The Transmission Company of Nigeria (TCN) on Monday revealed it has received an approval to evacuate power from the Mambila Hydro Power Plant. Describing the Mambila Power Project as…

Den Bosch social start-up to electrify 1 million households in Nigeria

Jan 14, 2019

Rural Spark, a social start-up from Den Bosch, and SmartPower Nigeria set out to electrify around one million un-electrified households in the west-African country within the next five years.…

N812m approved by FEC for land demarcation for Mambilla hydropower project – Fashola

Jan 14, 2019

The Federal Executive Council (FEC) has approved N812m for demarcation of the specific area of land to be affected by the Mambilla Hydro Power Project. Minister of Power, Works…

Electric Vehicles will boost medium, small businesses in Nigeria – NSE

Jan 10, 2019

There is need for government to begin to map out strategies to embrace the Electric Vehicles (EVs) technology, as beyond moving with current technology, it will also boost medium…

Nigeria generates less than 10% of her electricity needs – Country Manager, D.Light

Jan 10, 2019

Ojo, Ayodele Anthony, the Country Manager, D.light, a global solution energy company and pioneer in delivering affordable solar-powered solutions to people in the developing world, in a recent interview…

POWER

FG accuses Discos, TCN of using substandard power equipment for projects

Jan 21, 2019

The federal government has accused electricity distribution companies (Discos) and the Transmission Company of Nigeria (TCN) of using substandard equipment to execute power projects. The Minister of State for…

NEMSA commissions surveillance system, certifies 67,292 meters

Jan 21, 2019

The Nigerian Electricity Management Services Agency (NEMSA) has commissioned surveillance equipment for remote monitoring of the National Meter Test Stations (NMTS) where 67,292 meters have been certified since October…

NERC orders DisCos to complete customers’ enumeration by end of March

Jan 19, 2019

The Nigerian Electricity Regulatory Commission (NERC) has directed the electricity distribution company, (DisCos) to conduct and complete the enumeration of customers for meter in their various franchise area, by…

Electricity consumers lodged 390,889 complaints in 9 months of 2018 – NERC

Jan 19, 2019

Electricity distribution companies in the country received a total of 390,889 complaints from consumers in the first nine months of last year, the Nigerian Electricity Regulatory Commission has said.…

Kaduna Electric tops safety ranking for 2018

Jan 19, 2019

Kaduna Electricity Distribution Plc has emerged first among the 11 Distribution companies and Transmission Company of Nigeria in safety for the year 2018 according to the monthly safety report…

Nigeria’s power grid hits 4,932MW as DisCos get 102,218MWH energy worth N2.5bn

Jan 19, 2019

The national electricity grid recorded a peak generation of 4,932 megawatts (MW) on Monday with the 11 Distribution Companies (DisCos) receiving 102,218 megawatts hour (MWH) energy worth about N2.484…

BPE, former investors meet on $211m refund for Afam, Yola Disco

Jan 18, 2019

Officials of the Bureau of Public Enterprises and former investors in two electricity companies – Yola Electricity Distribution Company and Afam Power Plc – have met for the refund…

Power distributors owed NBET N108bn in Q3 2018

Jan 18, 2019

Despite an increase in their collection efficiency, the remittance by electricity distribution companies to the Nigerian Bulk Electricity Trading Plc for the energy received by them dropped to 27.5…

Insufficient power remains Nigeria’s greatest business constraint

Jan 18, 2019

The recently released November 2018 edition of the Monthly Business Expectations Survey Report of the Central Bank of Nigeria (CBN) has revealed the seemingly obvious fact that the single…

TCN plans 20,000Mw by 2021

Jan 18, 2019

The Managing Director, Transmission Company of Nigeria (TCN), Mallam Usman Gur-Mohammed said the company is on track to deliver its 20,000 megawatts (Mw) target by 2021. Speaking yesterday in…

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