Ethiopia’s Grand Renaissance hydro’s initial production expected in 2020

Initial energy production from the Grand Renaissance dam in Ethiopia is set to...

Tullow aims for Uganda farmdown in H1 2019

Tullow Oil is aiming to wrap up its farmdown process in Uganda to...

Libya’s Haftar plans to secure oil areas in southern push

Forces allied to Libya’s eastern leader Khalifa Haftar have entered the city of...

Chadian President Deby sacks petroleum minister

Chadian President Idriss Deby dismissed his Minister of Petroleum and Energy, Boukar Michel...

Streets in Zimbabwe capital empty following deadly fuel hike protests

Life has come to a standstill in the Zimbabwean capital after violent protests...

Angola, UAE sign energy and waters agreement

The authorities of Angola and the United Arab Emirates (UAE) last Monday signed...

Tanzania’s Rufiji hydropower plant to kick-off in June

Construction works on the 2,115 megawatts Rufiji hydro-power plant at Stiegler's Gorge along...

Turkana wind farm hits 99% electricity generation

Africa’s largest wind farm in northern Kenya on Monday hit 99 per cent...
OIL & GAS
ALTERNATIVE ENERGY
POWER
OIL & GAS

Sellers on sidelines as new Nigerian crude programmes awaited

Jan 17, 2019

Sellers stayed on the sidelines on Wednesday as they awaited Nigeria’s March loading programme due to emerge later this week. Around 15-20 cargoes out of the February Nigerian programmes…

Otedola takes steps to acquire Forte Oil upstream, power firm

Jan 17, 2019

The majority shareholder of Forte Oil Plc, Mr Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders…

Average price of petrol dropped to N145.80 per litre in Dec – NBS

Jan 16, 2019

The National Bureau of Statistics, NBS report, released yesterday, showed that the average price paid by consumers for premium motor spirit (petrol) decreased by -15.1% year-on-year and -1.1per cent…

NNPC set to launch engine oil brand, others in March 2019

Jan 16, 2019

The retail arm of the Nigerian National Petroleum Corporation (NNPC) will by the first quarter of this year launch its lubricant brand into the Nigerian market as part of…

Extra cargo of Egina crude added to Nigeria’s February programme

Jan 16, 2019

March loading programmes had not yet emerged on Tuesday but were expected before the end of the week, while an extra cargo of new grade Egina was added to…

FG’s planned railway concession stalls distribution of petrol by rail – PEF

Jan 16, 2019

Nigeria’s plan to resume distribution of petroleum products through the railways has been put on hold by the federal government’s decision to concession the rail system, the Executive Secretary…

Nigerian firm MOB Integrated, emerges largest supplier of LPG in W. Africa

Jan 16, 2019

Petroleum marketing company in Lagos, MOB Integrated Services Limited, is now the largest supplier of Liquefied Petroleum Gas (LPG) in West Africa, delivering over 25,000 metric tonnes (MT) monthly…

Atiku reiterates plan to privatise NNPC as Nigeria’s elections approach

Jan 16, 2019

Nigeria’s main opposition candidate for president said on Wednesday he would seek to privatise the state oil company and other government assets if elected next month, while removing a…

Oil bloc concessionaires heighten race for renewal before elections

Jan 15, 2019

The concessioners of 28 expired oil blocks have heightened the race for the renewal of their leases ahead of the 2019 general elections. Most of the firms, it was…

Nigeria earned $640.35m from oil, gas exports in October 2018

Jan 15, 2019

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said that Nigeria earned $640.35million from the export of crude oil and gas for the month of October, 2018. The NNPC…

ALTERNATIVE ENERGY

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…

SA’s DLO Energy Resources looks to build 30MW solar park in Kaduna, others

Jan 8, 2019

A solar power plant will be built by 2019 in Kaduna State, northern Nigeria. The facility will be built by DLO Energy Resources Group, a South African company wholly…

IAEA reviews Nigeria’s regulatory performance on nuclear energy

Jan 7, 2019

The International Atomic Energy Agency (IAEA) has examined the performance and operational framework of the Nigerian Nuclear Regulatory Authority (NNRA). The IAEA, also assessed the operations of nuclear regulators…

Nigeria’s offgrid market saw increased funding in 2018

Jan 7, 2019

Nigeria’s off-grid sector saw significant funding both from local and international sources in the past year. One of the biggest funds came to Rubitec Solar who built an 85kw…

POWER

Otedola takes steps to acquire Forte Oil upstream, power firm

Jan 17, 2019

The majority shareholder of Forte Oil Plc, Mr Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders…

Power generation drops by 300MW over N1trn debt as 4 plants shutdown

Jan 16, 2019

Four power generation plants were yesterday cut off from gas supply over their inability to meet their financial obligations to their respective suppliers. With this development, power generation has…

Gov. Ganduje commissions N500m electrification project in Kano

Jan 16, 2019

Kano state governor, Dr. Abdullahi Umar Ganduje, has commissioned the Gada-Biyu Electrification project, executed by his administration at the cost of over N500 million. The project is aimed at…

NERC set to enhance liquidity, revenue gap, others in 2019

Jan 16, 2019

The Nigerian Electricity Regulatory Commission, NERC, has determined to tackle market liquidity, funding of the revenue gap and accumulated tariff deficits in this year. In a recent communiqué the…

FG seeks N400m diesel to commission turbines for Kaduna power plant

Jan 16, 2019

The Federal Ministry of Power, Works and Housing (FMPW&H), is shopping for suppliers to procure about 1.6 million litres of diesel with N400 million budget for the eight gas…

Power supply to Nigerian households still inadequate – NOIPolls

Jan 16, 2019

Nigeria’s leading survey and polling firm, NOIPolls Ltd, says that its new aggregated power poll results released for 2018 showed that power supply still remains inadequate to Nigerian households.…

Gencos threaten to shut down power plants over various challenges

Jan 16, 2019

Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of…

NERC evades Gencos’ complaints of poor settlement, impartiality

Jan 15, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it will not be involved in the constant demand by power generation companies (Gencos) in Nigeria’s electricity market to ensure the…

TCN announces planned power outage in Lagos, Ogun

Jan 14, 2019

The Transmission Company of Nigeria has announced a planned power outage in some parts of Lagos and Ogun States on January 13 and 15 between 8am and 5pm. Ndidi…

NERC records 41% rise in power investors’ operational permits payments

Jan 14, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or…

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