The world is undergoing a seismic shift in energy consumption as more countries adopt clean energy technologies and reduce their reliance on fossil fuels. This will significantly impact oil-producing nations …
Nigeria
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The necessity for an electricity subsidy in Nigeria comes into sharp focus as the Association of Electricity Distributors of Nigeria (ANED) stresses its indispensability for affordable power. ANED emphasizes that …
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In a significant leap towards rural electrification, the Rural Electrification Agency (REA) has formed a strategic partnership with the Africa Mini-grid Developers Association (AMDA). The groundbreaking Memorandum of Understanding, signed …
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In an impressive rebound, Nigeria’s electricity distribution companies, known as DisCos, have improved their revenue collection strategies. They have significantly reduced losses in diverse operational areas. The National Electricity Regulatory …
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) escalated its regulatory enforcement last Friday, shutting down four filling stations in Cross River State due to non-compliance and operational malpractices. …
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Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) recently celebrated the selection of 42 domestic oil and gas firms in a landmark step towards environmental responsibility and sustainability. These companies, winners in …
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GovernmentIn the News
Nigeria’s Petroleum Minister Advocates for Nigerian Content to Fulfill Renewed Hope Agenda
Lagos, October 12, 2023 – Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources, emphasized the importance of executing the Nigerian Oil and Gas Industry Content Development (NOGICD) Act …
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Despite a mounting power crisis, Nigeria’s vast hydropower capacity, which exceeds 14,000 MW, remains largely untapped. The federal government’s dominant grip on the sector is a significant barrier to change. …
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Escalating drilling costs, reaching up to $30 million, hinder Nigeria’s drive to expand its gas production and tap into its natural energy for development. Fiscal barriers and disincentives stand as …
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Nigeria LNG Limited (NLNG), a leading producer and exporter of liquefied natural gas (LNG), has called for increased investment in gas development to support the global energy transition and achieve …