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NNPC’s Utapate Crude Blend Hits Global Market, Targets 80,000bpd by 2025
news Oil and Gas

NNPC’s Utapate Crude Blend Hits Global Market, Targets 80,000bpd by

November 20, 2024

The Nigerian National Petroleum Company (NNPC) Limited has officially introduced the Utapate crude oil blend, its latest crude oil grade, before the international crude oil market. A development that could pose a significant boost to Nigeria’s volatile crude production, revenue generation, and economic growth efforts. Utapate crude oil blend is the latest offering from NNPC […]Read More

Oil theft: Nigerian Navy Destroys 23 Illegal Refineries in October
news Oil and Gas

Oil theft: Nigerian Navy Destroys 23 Illegal Refineries in October

November 20, 2024

The Nigerian Navy, operating under the framework of Operation DELTA SANITY, uncovered and dismantled 23 illegal refinery sites while recovering a significant quantity of stolen crude oil in October.  This was made known in a statement issued by Aiwuyor Adams-Aliu, the Director of Naval Information, on Tuesday in Abuja.   Adams-Aliu stated that the operation also […]Read More

Yola DisCo Begins Deployment of 1,880 Meters to Improve Service for Band ‘A’ Customers
news power

Yola DisCo Begins Deployment of 1,880 Meters to Improve Service

November 19, 2024

The Yola Electricity Distribution Company (YEDC) has started installing 1,880 meters, using funds from a recently secured N21 billion allocation aimed at enhancing service delivery for its Band ‘A’ customers. YEDC announced it would deploy 1,500 single-phase meters and 380 three-phase meters for Band ‘A’ customers, using N243 million from the N21 billion Meter Acquisition […]Read More

Nigeria to seek $10bn from private sector for electricity overhaul
news power

Nigeria to seek $10bn from private sector for electricity overhaul

November 19, 2024

The Federal Government of Nigeria, through the Ministry of Power, has revealed plans to source from the private sector, part of the $10 billion required to provide regular electricity across Nigeria within the next five to 10 years. This formed the crux of the deliberation when Jobson Oseodion Ewalefoh, Director General of the Infrastructure Concession […]Read More

Disco Attributes Load Rejection to Inadequate Customer Payments
energy news power

Disco Attributes Load Rejection to Inadequate Customer Payments

November 18, 2024

Chijioke Okuwuokenye, acting managing director of Abuja Electricity Distribution Company (AEDC), has said rising customer debts and overloaded infrastructure are behind distribution companies’ (DisCos) load rejection despite widespread blackouts. Speaking at the fourth Power Correspondents Association of Nigeria (PCAN) annual workshop themed “Ending the Talk, Moving the Action,” Okuwuokenye, represented by AEDC’s chief operating officer, […]Read More

NNPC Signs 10-year 100mmscf/d Gas Supply Deal With Dangote Refinery
energy news Oil and Gas

NNPC Signs 10-year 100mmscf/d Gas Supply Deal With Dangote Refinery

November 13, 2024

The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. Olufemi Soneye, Chief Corporate Communications Officer, NNPC, made this known in a statement obtained by EnergyPlanets on Wednesday. According to him, the agreement […]Read More

Senegal Set to Commit $2.7bn to Green Energy if Ruling Party Wins Elections
climate energy news

Senegal Set to Commit $2.7bn to Green Energy if Ruling

November 12, 2024

Senegal is on the verge of committing $2.7 billion to its international programme aimed at reducing emissions and cutting reliance on fossil fuels, contingent on the ruling party’s success in this weekend’s parliamentary elections. “If Prime Minister Sonko’s party wins a majority, an announcement could come quickly after the election,” said Remy Rioux, CEO of […]Read More

Adelabu Orders Swift Action On Incessant Grid Collapse Report
news power

Adelabu Orders Swift Action On Incessant Grid Collapse Report

November 7, 2024

Adebayo Adelabu, the Minister for Power, has ordered the Transition Company of Nigeria (TCN) and all other relevant agencies of the ministry to begin the immediate implementation of the recommendations of the inter-agency committee, set up to address the incessant grid collapses in the power sector. The Minister’s matching order came as the TCN reported […]Read More

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