Energy

The Forum of Commissioners of Power and Energy in Nigeria has expressed deep concern over the frequent grid collapses plaguing the national electricity supply chain. In a press statement in Abuja, the forum stressed that the latest grid collapse underscored the urgent need for sustainable and decentralised solutions to ensure uninterrupted power supply for all…

A lot of aggrieved Nigerian electricity consumers are uninformed about how to enforce their rights against Distribution Companies (DisCos) over tariff disputes, service quality complaints and other grievances, such that some usually file charges in court to seek redress.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Wednesday denied claims that it directed wholesale gas suppliers to stop supplying gas to power-generating companies (GENCOs) over payment defaults. The agency, in a statement said the report is false and baseless, emphasising that no such directive was given. NMDPRA said the misinformation came from…

Nigeria has once again been plunged into nationwide darkness as the electricity grid collapsed, dropping from about 3,000 megawatts around at 1:00 pm to zero megawatts by 2:00 pm. The grid, managed by the Transmission Company of Nigeria (TCN), remains one of the weakest links in the Nigerian Electricity Supply Industry (NESI). The TCN is…

Despite the global resurgence in deepwater oil exploration and production, Nigeria’s oil sector faces a paradox as multibillion-dollar projects, which hold vast potential for the country, remain stalled years after being proposed.

As the global energy transition accelerates, Africa faces a pivotal moment to redefine its energy sector, balancing development, sustainability, and access for its rapidly growing population, Executive Secretary of African Refiners and Distributors Association (ARDA), AniborKragha has said.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pledged support for oil workers’ welfare, stressing that a unified, motivated, and productive workforce is critical to the realisation of the country’s economic goals.

The Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) has called on the Nigerian National Petroleum Company Limited (NNPCL) to strike a balance between its export ambitions and the local supply of critical energy products, particularly kerosene and diesel.

The Dangote Petroleum Refinery and Petrochemicals FZE has sought to amend its suit against the Nigerian National Petroleum Company Limited (NNPCL) and others. The plea to amend the suit followed an application by the NNPCL before Justice Inyang Ekwo of a Federal High Court in Abuja, urging the court to strike out the case for…

The Nige­rian Exchange Limited (NGX) has named Geregu Power Plc the ‘Most Compliant Listed Company’ for 2023 fi­nancial year at its 2024 edition Made of Africa Awards. The management of the NGX said the award is a recognition for “the listed company that demonstrates the highest level of adherence to The Exchange’s Issuers’ Rules, without…

The Nigerian National Petroleum Company Limited (NNPCL) has been cautioned against taking Nigerians for granted regarding its claim of exporting the first cargo of Port Harcourt low-sulphur straight-run fuel oil (LSSR) to Gulf Transport & Trading Limited (GTT), a Dubai-based company. The National Anti-Corruption Commission (NACC), which issued the warning in a statement on Saturday,…

The Nigerian National Petroleum Company Limited (NNPC Ltd.) commenced its Computer-Based Aptitude Test for recruitment today, drawing 45,689 applicants to various centres across the country. NNPC Group Chief Executive Officer (GCEO), Mele Kyari, who visited one of the centres at the Ansar-Ud-Deen Society Centenary Resource Centre in Maitama, Abuja, assured stakeholders that the recruitment process…