The government of Bangladesh has signed a $185 million financing agreement with the World Bank to add about 310MW renewable energy generation capacity. The Scaling-up Renewable Energy Project will focus on utility-scale solar PV and rooftop PV to expand new markets in renewable energy generation in the country. The project will establish the country’s first…
A trilateral collaborative joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC), Nigerian Agip Oil Company, NAOC (an affiliate of Italian Oil major, Eni), and Oando has resulted in the discovery of large onshore gas and condensate deposits in the Niger Delta. The new find is the equivalent of 1 trillion cubic feet of…
In its efforts aimed at ensuring effective service delivery to its customers, Nigeria’s leading electricity distribution company, Ikeja Electric Plc (IE) has introduced its electronic billing (e-billing) platform, which enables customers to receive electricity bills promptly and conveniently, via channels such as SMS, USSD, email, IE Bill portal and IE mobile Application. The e-billing initiative…
Upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability Songas Ubungo Power Plant provides more than 20 percent of the grid connected power in Tanzania; upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability. GE and Songas today announced…
New import facilities progressing despite spare capacity in existing infrastructure Europe’s LNG receiving capacity, across ten countries from Lithuania to Greece, has experienced usage levels this year unprecedented in well over a decade, as a global LNG supply glut finds the continent a home of last resort. But, despite the significant uptick in deliveries, Europe’s…
By Oke Peter The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded 77 per cent rise in oil pipeline vandalism across the country in June 2019. It disclosed this in its Monthly Financial and Operations Report for the month, adding that 106 pipeline points were breached, which increased from the 60 points vandalised…
With an aim to serve as a platform to expand and develop the African Internet, the 10th annual Africa Peering and Interconnection Forum (AfPIF) took place at the Intercontinental Hotel, Balaclava, Mauritius from 20-22 August, 2019 in collaboration with the local host, Rogers Capital. AfPIF is an annual event that connects and brings key infrastructure,…
The explorer and pilot of Solar Impulse has been selected by the French government as one of the representatives of civil society that will address the G7, calling for brave policies that will turn the tide in the climate crisis. Bertrand Piccard, who has long advocated for more ambitious climate policies thanks to financially profitable…
Residents of Magodo Estate, Lagos have commended the management of Ikeja Electric Plc (IE) for providing stable electricity to customers within the Estate following the signing of the Premium Power Agreement recently. The Premium Power initiative is a power purchase agreement under the ‘Willing Buyer, Willing Seller’ initiative issued by the Nigerian Electricity Regulatory Commission…
Abdullahi Dangiwa – Abuja The Federal High Court in Abuja on Friday ordered the Minister of Petroleum Resources to grant the renewal of the Oil Mineral Lease 11 to Shell Petroleum Development Company of Nigeria for 20 years. Justice Taiwo Taiwo, in his judgment delivered on Shell’s suit, ruled that renewal would be for 20…
