Shell funded impact investment company, All On, through its Demand Aggregation for Renewable Technologies (DART) program, has announced its commitment of $11 million to support 25 mini-grid projects in Nigeria. This was made known at an inaugural DART workshop with…
Savannah Energy an Africa-focused oil and gas company, has released its final audited results for the year ended 31 December 2022, which discloses $290.4 million revenue growth from $230.5 million in 2021 ahead of previously issued guidance of $215 million.…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended President Bola Tinubu for subsidy removal and tasked him on palliatives for Nigerians. Mr Debo Ahmed, National President of IPMAN, said this while addressing newsmen in Abuja . Ahmed said…
A report by the National Oil Spill Detection and Response Agency (NOSDRA) has revealed that oil producing companies in Nigeria flared 92.3 million standard cubic feet (mscf) of gas between January and April 2023. According to the data obtained from…
The National Oil Spill Detection and Response Agency (NOSDRA), has called on stakeholders in the petroleum industry to ensure the prevention of oil spillages in Nigeria. The Emir of Keffi, Dr Shehu Yamusa III, who is the Chairman, Governing Board,…
The Port Harcourt Electricity Distribution Company (PHED) said on Thursday that it generated N6.3 billion revenue in May as against N4.6 billion in the preceding months. The Head of Corporate Communication, Olubukola Ilevbare, who disclosed in a statement in Port…
The Nigeria Export Processing Zones Authority (NEPZA) says the licencing of Deep Blue Industrial Park in Lagos begins a regime of zero fossil energy emission in the country. The Managing-Director of NEPZA, Prof. Adesoji Adesugba, said this while handing over…
The National Oil Spill Detection and Response Agency (NOSDRA), has called on oil industry operators to invest in technology and equipment for prompt detection and response to oil spills. The Chairman, Governing Board of NOSDRA, Dr Shehu Yamusa (III), made…
The House of Representatives has advised the Nigerian National Petroleum Company Limited (NNPCL), to consider outsourcing management of the country’s refineries after repairs. The report disclosed that Nigeria spent more than $10 billion in a decade on three oil refineries…
Chairman, Power Sector Group, Lagos Chamber of Commerce and Industry (LCCI), Mr Martins Arogie has hinted that a downward review of current prices of Premium Motor Spirit (PMS) also known as petrol is dependent on the improvement in the value…
