Energy
Oil & Gas and Power Sector related news
TCN restores power supply to Bayelsa, Rivers through reconstructed 132KV Owerri-Ahoada transmission line
The Transmission Company of Nigeria (TCN) has announced the restoration of bulk power supply through its 132 kilovolt (kV) Owerri-Ahoada...
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Seplat installs 850MMscfd gas infrastructure to boost Nigeria’s domestic supply
Seplat Energy Plc has announced a major milestone in its contribution to Nigeria’s gas development, revealing that it has installed...
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Nigerian Gas Association: $5 billion investments signal confidence in Nigeria’s gas-led energy transition
The Nigerian Gas Association (NGA) has stated that Nigeria’s gas-led energy transition strategy is gaining significant global traction, as evidenced...
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Nigeria’s renewed energy sector reforms to sustain current account surplus – Fitch
Fitch Ratings has stated that Nigeria’s ongoing energy sector reforms, including efforts to scale up renewable energy, are expected to...
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Nigeria’s oil reserves reach 37.28 billion barrels, gas reserves hit 210.54 tcf – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that Nigeria’s crude oil reserves now stand at 37.28 billion barrels...
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Experts warn against FG’s proposed ban on solar panel imports, urge caution over local manufacturing capacity
Energy and trade experts have expressed mixed reactions to the Federal Government’s proposed ban on the importation of solar panels...
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Dangote Refinery reduces petrol price to N865 per litre
Dangote Petroleum Refinery and Petrochemicals has implemented a downward review of its ex-depot (gantry) loading cost of petrol to N865...
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NERC slams N628 million fines on AEDC, IKEDC, six other DisCos over breach of estimated billing cap
The Nigerian Electricity Regulatory Commission (NERC) has penalised eight electricity distribution companies (DisCos) for failing to adhere to the monthly...
Read moreDetailsDangote Refinery begins global export of refined petroleum products
Dangote Petroleum Refinery has commenced the export of refined petroleum products to several international markets across Africa, Europe, the Americas,...
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FG signs $328.8 million deal with Chinese firm CMEC to improve power supply across Nigeria
The Federal Government on Wednesday signed a $328.8 million contract with Chinese firm, China Machinery Engineering Corporation (CMEC), to rehabilitate...
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