Energy

  Partners Flutterwave on lease-to-own model Aims to reduce $29bn yearly energy crisis   In line with the recent pledge by President Muhammadu Buhari at the COP26 Summit that Nigeria will reach net zero emissions by 2060, Arnergy, a Nigerian distributed utility company delivering solar energy solutions, has launched the Diaspora Initiative, a groundbreaking scheme […]

Deploys equipment in Nembe creek to stop leak Amid crisis, Aiteo responds to communities with relief materials 6-year-old Nigerian company with 70% vandalization of its Nctl needs support, say experts   Aiteo, Nigeria’s indigenous oil producing company, had a major wellhead leak crisis catapult it to the position of becoming the very first indigenous player […]

  But country must establish grid base for its energy transition Experts warn of dire consequences of Buhari’s 2060 energy transition   Seplat Energy Plc, a major Nigerian independent energy company listed on both the Nigerian and London stock exchanges, says its gas development programme constitutes a major boost for Nigeria’s energy transition agenda, as […]

As GMD wins 2020 Zik leadership award   Mele Kyari, group managing director and chief executive officer of NNPC Ltd, has been lauded for transforming the fortunes of the NNPC from a loss-making national oil company (NOC) into a profit- making venture. In addition, the NOC is close to moving in the same direction as […]

The Nigerian government needs to prepare and implement a credible 30-year long-term master plan to proactively develop the country’s electricity output and address the challenges stalling the power sector.   Ifeoluwa Oyedele, executive director, Niger Delta Power Holding Company (NDPHC), made the recommendation while delivering the 15th Distinguished Electrical Electronic Engineers Annual Lecture (DEEEAL) of […]

  650,000 bpd from Dangote 250,000 bpd from modular   Nigeria is putting a great deal of hope on the 650,000 barrels per day (bpd) Dangote Petroleum Refinery, and and another 250,000 bpd expected to come from the condensate refineries through private sector partnership, respectively, to close a huge supply-demand gap for petrol and other […]

  Spain to exit EU common energy pricing policy COP26 to heat up reducing methane emissions Can Nigeria, with 203.16tcf gas deposits, position itself for bigger gains?   As nations of the world gather in Glasgow, Scotland for COP26 Climate Change Summit, the Organisation of Petroleum Exporting Countries (OPEC) is warning that the current tight […]