Cameroon seeks €300m loan from Afreximbank for the import of petroleum products

The National Refining Company (Sonara), the only refinery in Cameroon, should soon benefit...

Sound Energy announces update re Tendrara Gas Sales Agreement MOU in Morocco

Sound Energy announced on 30 October 2019 that it had, in relation to...

CAMARTEC launches biogas technology, creates over 10,000 jobs in Tanzania

THE Centre for Agriculture Mechanisation and Rural Technology (Camartec) has created over 100...

70% of electricity bills in Ivory Coast are now paid via digital tools

In Côte d'Ivoire, more than 70% of electricity bills are now paid digitally,...

Libyan crude output down to less than 80,000 barrels per day

Libya’s daily oil production has dropped from more than 1.2 million barrels to...

Zimbabwe Government pays off Eskom debt

GOVERNMENT has moved to bail out struggling power utility ZESA Holdings through settlement...

Yinson hit with FPSO deal termination as Aker Energy defers Pecan project off Ghana

Oil and gas company Aker Energy has postponed the development of its Pecan...

E. Guinea shortlists companies for key energy projects

The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of...
OIL & GAS
ALTERNATIVE ENERGY
POWER
OIL & GAS

DPR enforces petrol sales at filling stations

Apr 1, 2020

In a related development, the DPR on Tuesday began the enforcement of sales and distribution of petroleum products at filling stations, particularly in states where the Federal Government declared…

Africa Oil receives $25m as second dividend from its Nigerian oil assets

Apr 1, 2020

Africa Oil Corp, said that it has received its second dividend from Prime Oil and Gas a company that holds interests in deepwater Nigeria production and development assets. Prime…

NNPC seeks smooth movement of petroleum tankers amid COVID-19 lockdown

Apr 1, 2020

The Nigerian National Petroleum Corporation (NNPC) has called on security agencies to allow petroleum products tanker drivers free movement, despite the lockdown ordered in some parts of the country.…

Again, FG slashes fuel price to N123.50 per litre

Apr 1, 2020

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per…

IPMAN instructs members to sell petrol at N125 per litre

Apr 1, 2020

Following the reduction of the pump price of petroleum products from N125 to N123.50 per litre, the Kano State branch of the Independent Petroleum Marketers Association (IPMAN) has directed…

Petrol depots to remain open despite lockdown - NNPC

Mar 31, 2020

The Nigerian National Petroleum Corporation (NNPC) has said that it has activated measures to guarantee seamless distribution of fuel across the country throughout the 14-day lockdown announced by President…

Domestic utilization consumed 8,621,658 barrels under DSDP in November

Mar 31, 2020

The Nigerian National Petroleum Corporation (NNPC) in November 2019, lifted 8,621,658 barrels of crude oil from the daily allocation for domestic utilization translating to an average volume of 287,389…

Nigeria positions to make gas available for industrialisation, wealth creation

Mar 31, 2020

Opening up access to Nigeria’s gas transport network with the launch of a network code in February is meant to move over 6 billion standard cubic feet of gas…

Cross River turns back 35 US oil workers over coronavirus screening

Mar 31, 2020

The Cross River State Government on Monday turned back 35 American oil workers over coronavirus screening. The state government was said to have asked the workers to go for…

Low sulphur in turbine, marine fuel standards adopted in Nigeria

Mar 31, 2020

The Nigerian National Technical Committee on Petroleum and Petrochemicals has reached consensus on the adoption of the International Organisation for Standardisation’s (ISO’s) standards for turbine and marine fuel as…

ALTERNATIVE ENERGY

Nigeria’s first electric car will cost N316 for full charge - Stallion Motors

Apr 1, 2020

Stallion Motors, one of Nigeria’s auto assemblers and franchisee of nine global brands, has said Nigeria’s first electric car, Hyundai–Kona, expected from its auto plant before the end of…

All On announces N180m COVID-19 solar relief fund to power emergency healthcare in Nigeria

Apr 1, 2020

Nigerian off-grid energy impact investing company All On, seeded by Shell, today announced N180 million in assistance to renewable energy companies, Auxano, Arnergy, GVE and Lumos to provide solar…

Total partners Next2Sun to develop vertical two-sided solar panels for agrivoltaic purposes

Mar 31, 2020

The French energy company Total has teamed up with the German Next2Sun to deploy the Next2Sun solution on the French market as a whole, with the exception of the…

Taraba accepts delay in takeoff of Mambilla hydropower project

Mar 23, 2020

The Taraba State government has partially accepted delaying the takeoff of the Mambilla Hydro Power Project in Sardauna Local Government Area of the State. In a press briefing with…

Coal currently world’s most expensive fossil fuel

Mar 23, 2020

Coal, the dirtiest and usually the cheapest option for energy, is now the world’s most expensive fossil fuel. Oil’s epic collapse over the past month means the global crude…

Solar-powered traffic lights tested in Lagos

Mar 23, 2020

In Nigeria, the Lagos State Government has commenced testing the use of solar-powered traffic lights in a bid to tackle the lack of electricity for traffic control, which caused…

Access Bank completes N15bn Green Bond cross-listing

Mar 20, 2020

Access Bank has completed the listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE). The 15.50 per cent fixed rate, unsecured climate-credential green bond is…

Stallion Motors set to launch first ever electric car in Nigeria

Mar 20, 2020

Stallion Motors, Nigeria’s representative for Honda, Hyundai, Nissan, Volkswagen, Porsche, Audi, Skoda, Changan, and Ashok Leyland has concluded plans to launch the first ever electric vehicle in Nigeria, by…

Global wave and tidal stream energy production increases tenfold

Mar 19, 2020

Global wave and tidal stream energy production has risen tenfold over the last decade, according to a report issued by Ocean Energy Systems (OES). The OES annual report shows…

REA signs grant pact with Renewvia Solar Nigeria for the solar hybrid mini grids PBG

Mar 19, 2020

On March 3rd 2020, the Rural Electrification Agency (REA) signed grant agreements for 2 communities - Oloibiriand Akipelaiin Bayelsa State, with Renewvia Solar Nigeria under the Nigeria Electrification Project…

POWER

Ikeja Electric suspends disconnection for non-paying customers during lockdown

Apr 1, 2020

One of Nigeria’s electricity distribution company, Ikeja Electric Plc, has announced that non-paying customers within its franchise network will not be disconnected during the two-week stay-at-home period enforced by…

GenCos adjust operations, decry gas shortage to power plants

Apr 1, 2020

The Association of Power Generation Companies (APGC) on Wednesday said it has altered business practices and developed strategies for dealing with the COVID-19 global pandemic to ensure service delivery…

NNPC set to supply gas to Nigerian power stations

Apr 1, 2020

The Transmission Company of Nigeria (TCN) yesterday backtracked on the alarm it raised earlier about a nationwide blackout as a result of shortage of gas for powering the electricity…

Nigeria’s electricity market increases power generation

Apr 1, 2020

The Management of Transmission Company of Nigeria (TCN) Tuesday said the Nigeria Electricity Supply Industry (NESI) has recorded significant improvement in gas supply for power generation. The firm had…

Registered Nigerian electricity consumers balloon to 9.6m - NERC

Mar 31, 2020

The number of registered electricity customers connected to the grid in Nigeria has ballooned to 9,674,729. The Nigerian Electricity Regulatory Commission (NERC), which declared this, maintained that the number…

Blackout looms nationwide as GenCos slash generation

Mar 31, 2020

As millions of Nigerians continue with the forced restriction of their movements in the face of the raging COVID-19 pandemic and are expected to stay at home monitoring latest…

Planned electricity tariff hike to wait till July as coronavirus ramps up

Mar 31, 2020

The Nigerian Electricity regulator, NERC Tuesday confirmed BusinessDay’s exclusive story and said the planned tariff hike which was to take off tomorrow has been delayed for three months. NERC…

FG should hands off power sector - TCN MD

Mar 30, 2020

Transmission Company of Nigeria (TCN) is one of the organisations that emerged from the ashes of Power Holding Company of Nigeria (PHCN) following its privatisation. As a company owned…

Meter scarcity persists with two days to tariff hike policy take-off

Mar 30, 2020

With just two days to the implementation of the proposed over 51 percent electricity tariff hike nationwide, investigations by Daily Trust have shown that pre-paid meter shortfall will make…

TCN workers vow to sustain power transmission despite COVID-19

Mar 30, 2020

Employees of the Transmission Company of Nigeria branch of the Senior Staff Association of Electricity and Allied Companies on Sunday vowed to sustain the evacuation of electricity despite challenges…

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