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By Fredrick Ameh Nigeria’s energy sector took center stage at the 2026 Offshore Technology Conference (OTC) in Houston, where Solewant Group unveiled its latest technological breakthroughs to a global audience of over 25,000 professionals. Led by its Executive Director, Mr. Isa Momodu and General Manager Dr. Felix Onyela, the Solewant delegation presented on behalf of ...
The President and Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has disclosed that the Federal Government has commenced repayment of longstanding debts owed to power generation companies. Omogiafo described the move as the most significant progress yet in resolving liquidity challenges in Nigeria’s electricity sector. Omogiafo disclosed this in an interview with ...
The Lagos State Electricity Regulatory Commission (LASERC) has pledged to deliver reliable, affordable and sustainable electricity supply across Lagos State. The agency made the pledge at the maiden edition of the LASERC Stakeholders Engagement held in Ikeja, Lagos. The event marked a major step in the development of the state’s electricity market following the transfer ...
Alhaji Usman Mohammed, Managing Director and Chief Executive Officer of New Energy Services Company Ltd. (NESSCO), has urged Nigeria to accelerate its adaptation to the global energy transition to remain competitive in the evolving energy landscape. Mohammed said this in an interview on the sidelines of the Offshore Technology Conference 2026 in Houston, U.S. where ...
Chairman, Petroleum Technology Association of Nigeria (PETAN), Mr Wole Ogunsanya, has urged African countries to strengthen local capacity and harness natural resources to secure their energy future amid global shifts Ogunsanya said this in an interview on the sidelines of the Offshore Technology Conference (OTC) 2026 in Houston, Texas, U.S. Speaking on the conference theme, ...
Enugu State Government has unveiled plans to build a 660MW coal-fired power plant in the state, starting from July this year, as part of Governor Peter Mbah’s administration’s strategy to actualise its vision to grow the state’s economy from $4.4bn to $30bn.This was even as the Organised Private Sector Nigeria (OPSN), an umbrella body for ...
Following his formal confirmation by the Senate on Wednesday, Joseph Olasunkanmi Tegbe has warned that the deep-seated issues within Nigeria’s power sector admit no quick fixes. Tegbe, who was confirmed alongside Ambassador Sola Enikanolaiye, used his screening floor time to manage public expectations, arguing that the nation must move away from the traditional cycle of ...
Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. In a statement on Wednesday, the Reginery debunked reports of a hike in the ex-depot price. The Refinery noted that it will continue to sustain it’s current prices as part ...
Ogun State Governor, Prince Dapo Abiodun, has announced plans to conduct a comprehensive power audit to determine the state’s actual electricity consumption and improve supply efficiency. The governor made this known during an unscheduled visit to the 4-megawatt gas-fired Independent Power Plant in Oke-Mosan, Abeokuta, on Wednesday. Speaking during the inspection, Abiodun said the audit ...
Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. The Refinery by sustaining it’s current prices is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks. By absorbing prevailing ...
Africa is currently at the forefront of the global energy scene, as supply shortages and geopolitical tensions continue to reshape the oil and gas industry. Mrs Oritsemeyiwa Eyesan, the Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), made this known at the 2026 Offshore Technology Conference (OTC) World series African Energy ...
The Critical Stakeholders Investigation Panel has commenced town hall meetings to investigate the root causes of erratic power supply to Kebbi by the Kaduna Electricity Distribution Company (KEDCO). The report also states that the panel was set-up by the Kebbi Government to examine the lingering power challenges and recommend lasting solutions. The panel comprises government ...
The Transmission Company of Nigeria (TCN) has taken delivery of two power transformers as the ongoing rehabilitation of the Amuwo 132/33kV Transmission Substation progresses. In a statement released on Monday, TCN’s General Manager of Public Affairs, Ndidi Mbah, confirmed that two 60MVA power transformers have been delivered to the site. She noted that the units are set ...
Nigeria is aiming to achieve zero gas flaring by 2030, according to the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan. Eyesan made this declaration on Monday during the 2026 Offshore Technology Conference (OTC) at the Nigerian Pavilion in Houston, Texas. The pavilion, organized by the Petroleum Technology Association ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that a pricing gap between crude oil producers and local refiners continues to hinder the Domestic Crude Supply Obligation (DCSO), leaving refineries with less than half of their required feedstock for the first quarter of 2026. Despite a regulatory mandate intended to bolster local energy sufficiency, ...
...as electricity consumers pay ₦196.68bn The Eko Electricity Distribution Company (EKEDC) and Abuja Electricity Distribution Company (AEDC) have emerged as the top performers in revenue collection for February 2026, according to the latest factsheet released by the Nigerian Electricity Regulatory Commission (NERC). The report, which tracks the commercial performance of the 11 Distribution Companies (DisCos), ...
Mrs Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says Nigeria has introduced a long-term energy plan aimed at balancing economic growth, expanding energy access, and addressing climate concerns. Eyesan said this would also strengthen and position the country as a pivotal force in the evolving global energy landscape. She ...
Mrs Oritsemeyiwa Eyesan, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says Nigeria’s oil and gas sector is undergoing a transformation driven by growing local participation, climate targets and renewed investment momentum. Speaking at the 2026 Offshore Technology Conference (OTC) 2026 in Houston, Eyesan said indigenous firms were playing an increasing role in ...
The Dangote Group has denied reports alleging a purported rift between its President, Aliko Dangote, and the Chairman of the United Bank for Africa (UBA) Plc, Tony Elumelu. A post by one Oghneminehhhhh on X (formerly Twitter) had claimed that Dangote revealed that he was financially incapacitated when building the Lagos refinery in 2021. The ...
The Federal Government has revealed that it is advancing export-focused initiatives to connect Nigeria's gas resources to global markets. Speaking at the 21st Pipeline Technology Conference in Berlin, Germany, Minister of Petroleum Resources (Gas), Rt.Hon.Ekperikpe Ekpo outlined Nigeria’s strategic direction for the gas sector in a rapidly evolving global energy landscape. He noted that Nigeria ...
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyewa Eyesan, has emphasized that while regulatory frameworks provide a necessary foundation, they are insufficient on their own to ensure long-term sector stability. Eyesan advocated for a strategic partnership with the Chartered Institute of Directors (CIoD) to reinforce corporate governance within Nigeria's oil and ...
The Presidential Communications Team, led by the Special Adviser on Information and Strategy, Mr. Bayo Onanuga has commenced an extensive inspection tour of major federal infrastructure projects across the North-West geopolitical zone on Thursday. The tour, conducted in collaboration with the Renewed Hope Ambassadors, highlighted the successful introduction of concrete pavement technology on the Abuja–Kaduna–Kano ...
