Energy news from Nigeria & world

Fed govt seeks $5bn loan from W’Bank to boost power supply
- Energy
- 6 hours ago
The Federal Government is seeking a loan of $5bn from the World Bank Group to boost power availability in Nigeria, investigation has shown.
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DISCOs plan to end estimated electricity billing – ANED
- Energy
- 7 hours ago
The 11 Electricity Distribution Companies, DISCOs, have assured their non-Maximum Demand customers, that they are working toward ending estimated electricity billing in Nigeria.
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Niger Delta group threatens to shut down Chevron over cheap labour
- Energy
- 24 hours ago
A Niger Delta group, Kombot-Egbema & Gbaramatu Graduates Association, has threatened to shut down the operations of Chevron Nigeria Limited (CNL) over its alleged use of cheap labour.
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Barkindo welcomes new Saudi prince to OPEC
- Energy
- 1 day ago
Mohammad Barkindo, OPEC secretary-general, has congratulated Mohammed bin Salman Al Saud on his appointment as the new crown prince of the Kingdom of Saudi Arabia.
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Edo communities tackle Seplat over compensation
- Energy
- 1 day ago
Ogiemwonyi said the environment has been degraded and devastated due to oil and gas exploration and exploitation activities, especially gas flaring which has affected their crops and led to acidic rains, extreme weather conditions.
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Only 2 NNPC subsidiaries profitable in 2016 – report
- Energy
- 2 days ago
Only two of the 11 subsidiaries of the Nigerian National Petroleum Corporation, NNPC, were profitable in 2016, a review of the company’s financial and operations report by BudgIT revealed.
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PIB seriously flawed, fails local communities – Group
- Energy
- 2 days ago
A civil society organization, Social Development Integrated Centre, Social Action, has described the Petroleum Industry Governance Bill, PIGB, as “seriously flawed”.
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NUPENG resumes petrol supply in Rivers
- Energy
- 3 days ago
Less than 48 hours after the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) went on strike over the deplorable state of two Federal roads in Rivers State, the strike has been called off.
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What does it take to solve Nigeria’s power crisis?
- Energy
- 4 days ago
Nigerian power sector is presumed to have a huge gap between supply and demand.
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Groups sue fed govt over refinery concession
- Energy
- 4 days ago
The Centre for Anti-Corruption and Open Leadership Campaign, Centre for Public Accountability and 18 other rights groups have dragged the Federal Government to court over concession of the Port Harcourt refinery.
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Fed govt signs MoU on electrification of varsities, teaching hospital
- Energy
- 4 days ago
The Federal Government has signed a Memorandum of Understanding (MoU) for electrification of eight Federal Universities, one Teaching Hospital and the host communities.
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Bayelsa govt approves land for Agip Oil’s office, residential quarters in Yenagoa
- Energy
- 4 days ago
The Bayelsa State government has offered to provide land for the Nigerian Agip Oil Company to build its corporate office and residential quarters in Yenagoa the state capital.
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Apapa-Wharf road gridlock can result to fuel scarcity – NUPENG
- Energy
- 5 days ago
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed worry that the gridlock being experienced by petroleum tankers and articulated vehicles on Apapa-Wharf Road may result to fuel scarcity.
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NNPC records N39.3bn deficit in four months
- Energy
- 5 days ago
The monthly financial losses of the Nigerian National Petroleum Corporation since the beginning of this year continued in the month of April.
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We have paid N450bn debt we owe federal govt – NNPC
- Energy
- 5 days ago
The Nigerian National Petroleum Corporation (NNPC) has said it has paid a N450 billion debt it owed the Federal Government.
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Nigeria’s crude oil exports to surpass one-year high in August
- Energy
- 5 days ago
Nigeria’s crude oil exports are set to surpass two million barrels per day (bpd) in August, the highest in 17 months, as the country’s oil and gas industry nears a full recovery from attacks by the Niger Delta militants that crippled production in 2016.
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Bayelsa govt seals Chinese firm over N109 million tax liability
- Energy
- 5 days ago
The Bayelsa Board of Internal Revenue, BIR, on Wednesday sealed off a Chinese company, Hilong Oil Services and Engineering Company Limited over alleged tax default of N109.5 million.
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NNPC prioritises security of oil assets to keep up production
- Energy
- 5 days ago
The Nigerian National Petroleum Corporation (NNPC) wednesday disclosed that it has prioritised security over oil assets located in Nigeria’s onshore and shallow waters, to ensure stability in the country’s oil production.
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Kaduna Electric staff donate relief materials to IDPs
- Energy
- 6 days ago
In an exceptional display of kindheartedness and compassion to the less privilege, the staff of Kaduna Electricity Distribution Company on Wednesday donated food, clothing and other essential supplies to Internally Displaced Persons residing in Rafin Guza, a suburb of Kaduna.
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Conoil declares N3.10 dividend for 2016
- Energy
- 6 days ago
Conoil Plc on Wednesday announced a total dividend of N2.15bn for the financial year ended Dec. 31, 2016, in spite of challenging operating environment.
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Indonesia to build refinery in Nigeria
- Energy
- 6 days ago
The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a refinery in Nigeria.
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Wike vows to stop amendment of NLNG law
- Energy
- 6 days ago
Rivers State Governor Nyesom Wike has vowed that his administration will join forces with other governors of the zone to stop the amendment of Nigeria Liquefied Natural Gas (NLNG) Limited Law currently waiting the for the Senate.
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Fed govt to inject fresh N701bn to power sector
- Energy
- 6 days ago
Baring any last minute change of mind, the Federal Government of Nigeria is set to release additional N701 billion intervention fund to the Nigeria Bulk Electricity Trading (NBET) Plc.
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Power sector loses N1.43bn in one day to gas, grid constraints
- Energy
- 6 days ago
The power sector is said to have lost about N1.43 billion to constraints associated with grid and gas in one day (June 17, 2017), according to statistics released by the Presidential Advisory Power Team (PAPT) overseen by the Acting President, Yemi Osinbajo.
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Senate to investigate why power plant gets zero gas supply
- Energy
- 6 days ago
The Senate has raised the alarm over an imminent blackout in the northern part of the country due to zero gas supply to the 215 megawatts Kaduna power plant, adding that the development had led to a shutdown of the industrial sector in the region.
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Bayelsa govt begin moves to harness gas potentials, end flaring
- Energy
- 7 days ago
As part of his administration’s determination to fully industrialise ‎Bayelsa State and make it a hub for economic activities, Governor Seriake Dickson has inaugurated a committee for the utilisation and non-utilisation of gas resources.
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Akwa Ibom to sue Total over N25bn tax liability
- Energy
- 1 week ago
The Akwa Ibom State government is determined to drag Total E&P Nigeria Limited to court over a tax liability of N25bn.
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Ibadan DISCO urges NERC to deregulate meter ownership
- Energy
- 1 week ago
The management of Ibadan Electricity Distribution Company (IBEDC), on Tuesday urged the Nigerian Electricity Regulatory Commission (NERC) to deregulate the ownership of electricity meters in the country.
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Shell considering investment in gas project in Niger Delta
- Energy
- 1 week ago
Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy hub, the managing director of the local unit said on Tuesday.
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USTDA, World Bank, InfraCo Africa, others support Africa’s power sector
- Energy
- 1 week ago
The just-concluded 19th Africa Energy Forum (AEF) in Copenhagen has secured a number of power sector deals, including announcements from United States Trade and Development Agency (USTDA), World Bank and InfraCo Africa among others.
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