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  …N2.784bn owed in late 2018, N12.8bn owed in early 2019. Chibisi Ohakah The Nigerian Electricity Regulatory Commission (NERC) has said that Niger and Benin Republics are jointly owning Nigeria a total of about N15.5 billion for…

  …Shops for $20bn from development partners   Chibisi Ohakah President of the African Development Bank (AfDB), Dr. Akinwumi Adesina will be presenting the Bank’s “Desert to Power” initiative to heads of state and government at the…

Chibisi Ohakah Mozambique’s state-run power utility, Electricidade de Mocambique (EDM) has signed an agreement to sell 50 MW of power to Zimbabwe. The deal which was sealed EDM chairperson Ali Sicola, and his Zimbabwe Electricity…

Chibisi Ohakah Fenix International, a next-generation energy company and a subsidiary of ENGIE, with outlets in African countries including Nigeria, opens its sixth market in Mozambique, where it expects to reach 200,000 households with…

Chibisi Ohakah The Nigerian National Petroleum Corporation is closing a $2.5 billion financing deal with a Chinese lender for the pipeline project in Nigeria. The pipeline project would deliver 3, 600 megawatts (MW) of power and…

Peace Obi Considering the critical role of the power sector to the growth and development of any nation, ǼLEX, a full service commercial and litigation law firm in a bid to chart the way forward for the Nigerian energy sector, recently…

Chibisi Ohakah Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA) of Nigeria, Mr Abdulkadiri Saidu, has said that the Federal Government’s efforts to deepen LPG penetration is paying off as the nation domestic gas…

As Nigeria sets to host the 2019 Global Maritime Security Conference, in Abuja, come October 7 to 9, the Director-General, Nigerian Maritime Administration and Safety Agency, NIMASA has said that security of the African Maritime space will…

Ghana has been chosen to host the 3rd edition of Africa Oil and Gas Local Content Sustainability Summit (ALCSS 2019) from 9-10 October 2019 at the Movenpick Ambassador Hotel, Accra, Ghana. Africa Oil & Gas Local Content…

Peace Obi Maurel & Prom have chosen Progressive TSL team to implement finance and asset management solutions underpinned by the Progressive TSL’s oil and gas framework to support their company’s plans for growth. Maurel &…

Africa Oil & Power (AOP) has announced the coming on board of Salesian Institute as the new community partner for Africa Oil and Power flagship conference and exhibition. The conference is hosted in partnership with the Department of…

Chibisi Ohakah Nigeria’s national oil company, the Nigerian National Petroleum Corporation (NNPC), is believed to have come heavily under threat of scammers who may have freely fleeced unsuspecting investors and other members of the…

…$7bn for construction, $3bn for gas-gathering projects and pipelines Chibisi Ohakah Nigeria Liquefied Natural Gas (NLNG) operator of Africa’s largest natural gas plant has opened talks with Guaranty Trust Bank Plc and Zenith Bank…

Chibisi Ohakah Nigeria and Iraq have buckled to OPEC pressure to align to the organisation’s oil supply cut deal. While Nigeria is currently producing above its quota by 56,000 barrels per day, Iraq is overproducing its quota by 270,000…

.......insists on remittance performance as eligibility   Chibisi Ohakah The Central Bank of Nigeria (CBN) has said that eligibility for the proposed N600 billion power sector intervention fund disbursement will be based on the…

…Energy received dropped from 6,950.8gwh to 6,912.8gwh Chibisi Ohakah Association of National Electricity Distributors (ANED) said yesterday that the total revenue the distribution companies (Discos) collected nationwide stood…

Chibisi Ohakah The Nigerian National Petroleum Corporation (NNPC) has assured that loading of petroleum products will resume at the Ibadan loading bay operated by the Corporation’s downstream subsidiary, Nigerian Pipelines and Storage…

Chibisi Ohakah Saudi Arabia's new energy minister, Prince Abdulaziz, has said that unity among OPEC and other oil-producing countries working on a supply cut deal gives the oil market confidence, and called on every member to "pull its…

 …Project to create 10,000 new jobs Chibisi Ohakah Promoters of the Train 7 project of the Nigeria Liquefied Natural Gas (NLNG) is expected to increase the NLNG production capacity by 35% from 22million tonnes per annum (MTPA) to…

…Plans to up production to 145bpd in 2020 Chibisi Ohakah Equatorial Guinea has increased its oil production output by 15,000 barrels per day starting this month, following new discoveries in the country’s offshore…