• December 5, 2024
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Breaking: Sanwo-Olu Signs Lagos Electricity Bill Into Law To Boost Power Supply

Breaking: Sanwo-Olu Signs Lagos Electricity Bill Into Law To Boost

December 3, 2024

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill 2024 into law. This legislation represents a significant step towards the state government’s objective of delivering a 24-hour electricity supply across Lagos, marking a major advancement in its power sector reforms. The bill follows the 2023 decision by the Federal Government to grant […]Read More

Port Harcourt Refinery Resumes Crude Oil Refining

Port Harcourt Refinery Resumes Crude Oil Refining

November 26, 2024

The Port Harcourt refinery, is set to resume crude oil production after several missed deadlines and a long period of rehabilitation exercise. The rehabilitation exercise worth $1.5 billion was approved by the Nigerian government in 2021 for the refinery with a combined 210,000 barrels per day capacity. Announcing the preparedness of the refinery for production […]Read More

Full privatisation of Port Harcourt, Kaduna, Warri Refineries Underway – Presidency

Full privatisation of Port Harcourt, Kaduna, Warri Refineries Underway –

November 25, 2024

The Nigerian presidency has revealed plans to fully privatise the country’s state-owned refineries, including the Port Harcourt, Warri, and Kaduna facilities are underway. Sunday Dare, the President’s special adviser on media and public communications, posted this update in a statement posted on Sunday via his official X (formerly Twitter) account. The bulletin outlined key achievements […]Read More

Dangote Refinery Resumes Crude Imports From US

Dangote Refinery Resumes Crude Imports From US

November 21, 2024

The Dangote Refinery, Africa’s largest, has resumed importing crude oil from the United States after a three-month hiatus. This move comes as the refinery continues to ramp up its production capacity and meet growing domestic and regional fuel demand. Bloomberg reported on Wednesday that the cargo conveying two million barrels of WTI Midland crude from […]Read More

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

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

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

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

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

Nigeria’s Crude Production Hits 1.8mbpd In November – Mele Kyari

Nigeria’s Crude Production Hits 1.8mbpd In November – Mele Kyari

November 14, 2024

Mele Kyari, Group Chief Executive Officer, of the Nigerian National Petroleum Company Limited (NNPC), has revealed that the state-owned oil company and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 billion standard cubic feet per day (scfd). This was announced by Olufemi O. Soneye, […]Read More

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

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

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

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