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Nigeria

  • Energy Transition

    Oil Demand from Nigeria and Others to Fall as World Shifts to Clean Energy

    by Motoni Olodun October 24, 2023
    by Motoni Olodun October 24, 2023

    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 …

  • In the NewsMarkets

    Electricity Subsidy Crucial for Affordability in Nigeria, Asserts ANED

    by Oluwatosin Racheal Alabi October 23, 2023
    by Oluwatosin Racheal Alabi October 23, 2023

    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 …

  • GovernmentMarkets

    REA, AMDA Unite to Transform Rural Nigeria with Mini-Grids

    by Oluwatosin Racheal Alabi October 20, 2023
    by Oluwatosin Racheal Alabi October 20, 2023

    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 …

  • In the News

    DisCos Make Headway in Curtailing Operational Losses, Q2’23 Marks Notable Decline

    by Oluwatosin Racheal Alabi October 20, 2023
    by Oluwatosin Racheal Alabi October 20, 2023

    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 …

  • Oil & Gas

    Nigeria Tightens Petroleum Regulations, Seals Four Stations in Cross River

    by Oluwatosin Racheal Alabi October 17, 2023
    by Oluwatosin Racheal Alabi October 17, 2023

    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. …

  • In the NewsOil & Gas

    End Gas Flaring, Protect The Environment

    by Adenike Adeodun October 16, 2023
    by Adenike Adeodun October 16, 2023

    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 …

  • GovernmentIn the News

    Nigeria’s Petroleum Minister Advocates for Nigerian Content to Fulfill Renewed Hope Agenda

    by Oluwatosin Racheal Alabi October 12, 2023
    by Oluwatosin Racheal Alabi October 12, 2023

    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 …

  • Energy Transition

    Nigeria’s Vast Hydropower Potential Offers Hope Amid Power Crisis.

    by Adenike Adeodun October 12, 2023
    by Adenike Adeodun October 12, 2023

    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. …

  • In the NewsOil & Gas

    Operators Urge Fiscal Policy Review as Gas Well Costs Hit $30M

    by Adenike Adeodun October 12, 2023
    by Adenike Adeodun October 12, 2023

    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 …

  • Energy Transition

    NLNG Urges More Gas Investment to Boost Energy Transition

    by Motoni Olodun October 12, 2023
    by Motoni Olodun October 12, 2023

    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 …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Egypt Hikes Fuel Prices Again, Freezes Further Increases for a Year
Italian Court Upholds Conviction of Milan Prosecutors in Eni–Nigeria Corruption Case

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Egypt Hikes Fuel Prices Again, Freezes Further Increases for...
Italian Court Upholds Conviction of Milan Prosecutors in Eni–Nigeria...
CNPC Keeps Niger Oil Exports Flowing Amid Tensions Over...

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