Energy

The challenges facing pipeline infrastructure in Nigeria and Africa at large will be the priority as stakeholders in the petroleum industry converge in Nigeria in the coming week. The conference is expected to among other issues address challenges of regulations, technology and security of Asset at the 2023 Nigeria International Pipeline Technology and Security conference,…

An African-oriented energy security approach that would provide sustainable energy for the development is sacrosanct, stakeholders said at the 12th Emmanuel Egbogah Legacy Lecture Series in Port-Harcourt. Amidst push away from fossil fuel into renewable energy sources, the stakeholders noted that buying into a global agenda at the detriment of available natural resources may guarantee…

Robert Dickerman is the Chief Executive Officer of Pinnacle Oil & Gas Limited. In this interview with Waliat Musa, he speaks on a wide range of issues in the downstream segment of the Nigerian oil and gas industry. Excerpts What is your take on pricing, investment and infrastructure in the downstream petroleum industry in Nigeria? The issues are…

ARM-Harith Infrastructure Fund (ARMHIF) has unveiled an investment of $18.75 million into Elektron Power Infracom (EPI), a Mauritius incorporated decentralised energy platform dedicated to the delivery of hybrid energy solutions across West Africa, anchored with existing assets in Nigeria. EPI, sponsored by Elektron Energy Development Strategies Limited, comprises brownfield and greenfield power assets, will supply…

Experts in the oil industry have said that gas availability may be hindered due to high production costs as the tariff paid by operators is denominated in dollars.

Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering seven regulations that would aid the implementation of some fragments of the Petroleum Industry Act, especially contracts, commercials, revocation of oil and gas licenses.

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) is optimistic that oil and gas production in Nigeria will experience a significant increase in the coming months.

Shell companies in Nigeria have awarded contracts amounting to $1.9 billion to registered Nigerian contractors within a year. According to a 2023 Shell Briefing Note obtained by The Guardian, the oil multinational also paid $1.36 billion...

With the completion of the construction and equipping of the West African Power Pool (WAPP) Information and Coordination Centre (ICC), the organisation is finalising arrangements to commence day-ahead electricity trading in the regional market. In a statement made available by General Manager, Public Affairs, Transmission Company of Nigeria (TCN), Ndidi Mbah, the firm said the…

Industry stakeholders have expressed worry about over-reliance on the importation of solar panels in Nigeria, insisting that manufacturing the components locally remains more sustainable. International Renewable Energy Agency Following the consistent naira depreciation, the average cost of installing solar systems in the country reportedly rose by 120 per cent to N550,000 in 2023, from N250,000…

A move by Nigerian Navy Holdings, through its subsidiary, Admiralty Exchange Limited in partnership with AYM Shafa Holdings, promises to curb the gas explosion in Nigeria and enhance domestic utilisation of the commodity. The development will also reduce the supply gap in the country as the government seeks to boost LPG supply to three million…

While Africa is yet to find its path in the geopolitical landscape of renewable energy, China dominates the sector as jobs in the industry reached 13.7 million in 2022. The International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO) in the latest edition of ‘Renewable Energy and Jobs: Annual Review 2023’, released on…