Year: 2024
FG should reveal those stealing crude with vessels –Elumelu
“How can we be losing over 95 per cent of oil production to thieves? Look at the Bonny Terminal which should be receiving over 200,000 barrels of crude oil daily, instead, it receives less than 3,000 barrels, leading the operator Shell to declare force majeure.
FG launches $500m power transmission project for Lagos-Ogun Industrial Corridor
The JICA project aims to boost power transmission infrastructure within and outside the Ogun industrial corridors, covering Agbara, Mowe, and Shagamu industrial clusters.
Shell Nigeria wins multiple awards at 2024 SPE
SPE International President Terry Palisch, and Chairman of the Nigeria Council Salahudeen Tahir who jointly presented the award described Shell as a leading light in the oil and gas industry, providing valuable support particularly to indigenous companies.
NNPCL demands N4.7tn petrol imports refund
By Damilola Aina The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. The claim was listed as “Exchange rate differential on PMS and other joint venture taxes” on petrol products imported by…
Dangote dispute goes public
Aliko Dangote has even gone public with some of his complaints about the situation.
Egbin Power bags Triple ISO Certifications, reinforces commitment to operational excellence
The certifications are ISO 45001:2018 (Occupational Health & Safety Management System), ISO 14001:2015 (Environment Management System), and ISO 9001:2015 (Quality Management System).
Arcing on Benin-Egbin 330KV isolator at Egbin Transmission Substation didn’t cause system collapse, says TCN
Contrary to media reports, the incident did not cause a system collapse.
Business interruption top risks for power and utilities sector in 2024, Allianz Risk Barometer reveals
Collaboration with regulatory agencies, government authorities, and industry partners to develop coordinated response plans and share best practices is crucial.
ManoCap Energy secures $20 million Debt Funding from Mirova Gigaton Fund for West Africa renewable energy projects
The investment will support the development of renewable energy solutions across West and sub-Saharan Africa.