Exxaro purchases 50% stake in renewable IPP

Exxaro Resources has signed an agreement with Khopoli Investments, to acquire a 50% shareholding...

Ghana IPPs refuse to renegotiate electricity purchase agreements

In Ghana, independent electricity producers warn that they will not accept the renegotiation...

Public-Private investor partnership commits to impact fund for renewables in Africa

A partnership of public and private investors today signed an agreement to carry...

Vitol, Mozambique’s ENH form LNG trading JV

Global energy trader Vitol and Mozambique’s state oil firm ENH have launched a...

Libya has restored storage capacity at Ras Lanuf terminal – NOC

Storage capacity at Libya's key 220,000 b/d Ras Lanuf oil terminal has increased...

SDX Eenergy announces successful MSD-19 well in Egyptian concession

AIM-listed SDX Energy, the North Africa focused oil and gas company, has announced that...

Europa Oil & Gas announces award of large exploration licence offshore Morocco

Europa Oil & Gas has been awarded the Inezgane Offshore Permit covering an...

Experts call on Ghanaian Govt to stop sale of fossil fuel vehicles to save environment

Government should enact a law that will ban the importation, use and sale...
OIL & GAS
ALTERNATIVE ENERGY
POWER
OIL & GAS

Average price per litre of kerosene in Nigeria up in August – NBS

Sep 18, 2019

The average price per litre paid by consumers for National Household Kerosene increased to N319.94 in August 2019 from N316.03 in July, according to the National Bureau of Statistics…

Nigeria continues to bleed from pipeline vandalism

Sep 18, 2019

Pipeline vandalism is the willful act or deliberate act of damaging petroleum products pipelines with the sole aim of stealing crude oil and associated petroleum products. Pipeline vandalism often…

Nigeria’s diesel dependent economy prepares for new clean fuel rules

Sep 18, 2019

Nigeria’s frenetic commercial capital, Lagos, is plunged into darkness several times a day. Then its generators roar, and the lights flood back on. Nigeria is one of the world’s…

Bayelsa, C-River, Kogi residents pay most for petrol in August – NBS

Sep 18, 2019

The National Bureau of Statistics (NBS), yesterday disclosed that Bayelsa, Cross River and Kogi state residents paid the highest amount for Premium Motor Spirit (PMS), popularly referred to as…

NNPC brokers truce between Shell, Belema Oil over OML 25

Sep 18, 2019

The Nigerian National Petroleum Corporation (NNPC) with its joint venture partners, Shell Production Development Company (SPDC) and Belema OIL, have resolved the dispute on the operation of Oil Mining…

DPR to withdraw licences from 5 stations for under dispensing

Sep 17, 2019

The Department of Petroleum Resources (DPR) in Adamawa has threatened to withdraw operating licences from five filling stations for sabotage. It accuses them of sabotaging efforts to improve the…

Aviation fuel hits N300 per litre in Nigeria

Sep 17, 2019

The price of Jet A1, otherwise known as aviation fuel in the local parlance, jumped to over N300 per litre in Nigeria, especially in the Northern part of the…

Shell deploys aerial cameras to track oil spills, crude theft

Sep 17, 2019

The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has deployed high definition (HD) cameras for quick detection and response to crude oil spills from its facilities.…

FG retains $55 budget oil benchmark despite oil price spike

Sep 17, 2019

Ejiofor Alike in Lagos, Omololu Ogunmade, Ndubuisi Francis and Chineme Okafor in Abuja with agency reports The federal government yesterday ruled out revising upward the $55 per barrel oil…

NCTL pipeline exporting Bonny Light crude, under force majeure – Aiteo

Sep 17, 2019

Nigeria’s Nembe Creek Trunk Line (NCTL), which exports Bonny Light crude oil, was shut down and placed under force majeure last week, a spokesman for operator Aiteo said on…

ALTERNATIVE ENERGY

9mobile set to power 100 sites using off-grid technology

Sep 18, 2019

9mobile is set to deploy smart off-grid technology to power its new telecom sites as part of its plans to expand voice and data services in Nigeria. A statement…

FG to inaugurate 98.8KW solar hybrid grid in Kebbi

Sep 17, 2019

The Federal Government will today Tuesday September 17, 2019 inaugurate 98.8KW solar hybrid mini grid power plant at Kare-Dadin Kowa, in Kebbi State. This is part of its commitment…

$2.6trn invested in this decade on renewable energy

Sep 12, 2019

Between 2010 and 2019, $ 2600 billion was invested in renewable energy for a fourfold increase in capacity. Installed capacity of renewables, excluding large-scale hydropower, increased from 414 GW at…

Ondo set to power 2 communities with solar mini grid

Sep 12, 2019

Ondo state has reached agreement with an Independent Power Provider, Econ Modular Solutions Limited, to power Ajebandele community in Odigbo local government area and Awoye in Ilaje local government…

2 Nigerian firms selected for Shell’s innovation prize

Sep 11, 2019

Two Nigerian entrepreneurs have been shortlisted among 21 finalists for the Shell LiveWIRE Top Ten Innovators Awards; a global competition which highlights and rewards businesses that demonstrate excellence in…

UK takes steps to improve electricity in Nigeria, others

Sep 10, 2019

The United Kingdom has set up another funding window to improve electricity access to Nigerians and 14 other African countries, especially vulnerable rural communities and marginalised groups, using clean…

Mini-grids will address Nigeria’s 40,000MW power demand – Renewable energy council

Sep 8, 2019

The establishment of mini-grid, off-grid and embedded power plants will help address Nigeria’s 40,000 megawatts electricity demand, the Council for Renewable Energy Nigeria has stated. Nigeria’s power generation currently…

Exim Bank of China lends $5bn for Mambilla hydro power project in Nigeria

Sep 4, 2019

The Nigerian federal government recently made a formal request for a $5 billion loan to Exim Bank of China. It is intended to finance the Mambilla hydroelectric project in…

FG to ensure provision of renewable energy to homes, schools, hospitals

Sep 4, 2019

Federal Government has announced that it would soon embark on provision of renewable energy to private homes, schools, hospitals, markets and petrol filling stations in a bid to tackle…

FG to commission solar hybrid power plant in Kano

Sep 3, 2019

The Federal Government, under the Rural Electricity Agency, will commission the largest off-grid solar hybrid power plant in Africa at Bayero University, Kano (BUK) under the Energizing Education Programme…

POWER

encos release 3,306MWH of electricity to national grid

Sep 18, 2019

Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,306 MegaWatts/Hour of electricity into the national grid on Sunday . The Advisory Power…

Discos urge FG to respect electricity contracts

Sep 18, 2019

The electricity Distribution Companies (DisCos) on Tuesday urged the Federal Government to respect the different agreements it entered into with the investors in the Nigerian electricity supply industry (NESI).…

Power generation by NIPP Gencos falls to 493MW

Sep 17, 2019

The continued instability of Nigeria’s national electricity grid has reportedly forced eight power generation companies (Gencos) of the National Integrated Power Projects (NIPPs) to cut down their average expected…

Discos receive 250,000 meter applications, install 26,000 meters

Sep 17, 2019

Power distribution companies in the country installed 26,000 meters under the Meter Asset Provider scheme in four months, even though over 250,000 applications were received from customers. The Nigerian…

Liquidity challenge still prevalent in Nigeria’s power sector – NERC

Sep 17, 2019

The Nigerian Electricity Regulation Commission (NERC),yesterday stated that the liquidity challenge in the Nigerian electricity industry manifested in the first quarter of 2019. The agency, in its first quarter…

Kaduna Electric completes overhead power lines

Sep 17, 2019

The Kaduna Electric has completed the construction of necessary overhead lines to synchronize the Kaduna power plant situated in Kudenda industrial layout with the existing power lines, the Managing…

Nigeria’s power sector crisis rages with N65.9bn consumer debts

Sep 17, 2019

Amidst prevailing liquidity crisis in the power sector, customers of the 11 Distribution Companies (DisCos) owe at least N65.9 billion energy debts for the first three months of 2019,…

NERC sees 8.951m MWH of generation in Q1 2019

Sep 17, 2019

The Nigerian Electricity Regulatory Commission (NERC) has generated 8.951 million Megawatts-hour (MWh) into the electricity market in the first quarter of 2019. NERC made this known in its first…

New power investors jostle to replace Gencos, Discos as end of contract looms

Sep 16, 2019

Most Nigerians would rather sympathise with and not celebrate the new Minister of Power, Sale Mamman,  over his appointment by President Muhammadu Buhari given the fate that befell  his predecessors…

Prepaid meter scheme suffers setback over Customs delay

Sep 16, 2019

About five million electricity consumers waiting to be metered by some accredited Meter Asset Providers (MAP) may have to wait longer over the inability of franchisees to get their consignments…

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