36 oil blocks under concession to IOCs, others, says NNPCL
The blocks are classified into Oil Prospecting Licence and Oil Mining Licence. An OPL is granted by the government to an applicant company registered for exploration and production purposes,
Year: 2024
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Tackling the plastics pollution crisis by channeling private capital to projects that reduce plastic waste
The new Plastic Waste Reduction-Linked Bond solves the timing mismatch problem by channeling up-front financing from capital market investors looking to support plastic waste collection and recycling activities, through a tradeable, high-grade investment product
TCN clarifies on low generation into the grid reduced allocation to Discos
TCN is doing everything possible in collaboration with stakeholders in the power sector to ensure that it continues to keep the grid intact inspite of the current low power generated into the system.”
FG to sell five power plants for $1bn
the cost of the plants should exceed $5bn based on international benchmark
Nigeria’s biggest gas pipeline advances
The 614km connection will advance domestic and regional gas utilisation for power generation and industrial development.
Dangote refinery startup fails to appease doubters
Mega-refinery set to transform Nigeria but questions remain over feedstock that may limit key gasoline production, at least for now
Eterna joins list of domestic distributors of Dangote fuel
Eterna Plc has joined the growing list of domestic sales distributors of Dangote Petroleum Refinery products.
NNPCL discovers 83 illegal refineries, 22 suspects arrested
It had also stated that 32 illegal pipeline connections were uncovered, at the time the 52 illegal refineries were destroyed in the Niger Delta.
Dangote refinery begins diesel, aviation fuel production
However, the refinery has yet to produce Petroleum Motor Spirit, otherwise known as petrol.
Energy poverty as the bane of development in Nigeria
Unfortunately, however, energy deprivation has not been given due attention, because it is either tucked away under living standards along with housing and drinking water or considered as part of infrastructure, where the focus is often on roads and bridges