The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the Regulatory Framework for Energy Transition, Decarbonisation and Carbon Monetisation for upstream operations in Nigeria. The unveiling was at the ongoing United Nations Climate Change Conference 2023 (COP28) in Dubai, United…
President Bola Tinubu says risk management is vital for Africa’s transition to cleaner energy, emphasising that Africa must not become a victim of the disruptions that come with climate change mitigation measures. He explained that Africa contributes the least to…
The Enugu Electricity Distribution Company (EEDC) says there will be a five-day planned power outage in some parts of Anambra, beginning from December 2 to December 6. The Head, Corporate Communications of the company, Mr Emeka Ezeh, disclosed this in…
Leading executives of Oil and Gas companies are set to showcase their various contributions to Nigeria’s local content at the 12th Practical Nigerian Content (PNC) Forum in Yenagoa beginning today. The PNC is hosted by the Nigerian Content Development and…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the NMDPRA Industry Sustainability Initiative (NISI) will create over 575 billion dollars in capital investment opportunities for Nigeria, through decarbonisation of operations. The NMDPRA, while hosting a session on “Nigeria’s…
President Bola Tinubu has said Nigeria is taking a significant step towards a sustainable and eco-friendly future by introducing a pioneering initiative to deploy a fleet of 100 electric buses. The President spoke at a high-level meeting with stakeholders and…
The Director-General of National Orientation Agency (NOA), Malam Lanre Isa-Onilu, on Friday restated the Federal Government’s commitment to implementing Compressed Natural Gas (CNG) Keke (tricycle) policy. Isa-Onilu, who said this on Friday at a news conference in Abuja, said that the…
The Federal Capital Territory Administration (FCTA) has discovered the presence of an illegal oil refining warehouse in Mabushi, Abuja. The Director, Department of Development Control, Mukhtar Galadima, who spoke to journalists said that the illegal refining site was uncovered during…
The Energy Institute report has revealed that the production of natural gas fell last year despite an N250 billion intervention fund provided to fifteen companies. According to the industry report in partnership with KPMG, Nigeria’s natural gas production dropped by…
NNPC Ltd has been ranked third for free cash flow generation by oil companies in Africa by 2024. This is according to the State of the African Energy 2024 Outlook Report released in November 2023 by the African Energy Chamber.…
