energy news in nigeria

The Federal High Court in Lagos has upheld a landmark $1.7billion arbitral award in favor of the Nigerian Petroleum Development Co. (NPDC) Ltd against the Atlantic Energy Drilling... ‘Refining Industry Outlook in Africa to 2024’, reveals that refining capacity in Africa is expected to increase by around 55%. Africa's largest oil exporter and biggest economy relies on the oil sector for half of its budget and 90% of its foreign exchange. The company in a statement by its General Manager, Public Affairs, Mrs. Ndidi Mbah, said the entire power was transmitted through the national grid at a frequency of 50.10Hz … We’ve received numerous requests by aspirants on various platforms yearning for legit information about the 2021 Energy Commission of Nigeria application form. Energy News; Latest Energy News; Nigeria; Nigeria. Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production. in Labour & Tech, News. A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy… The House of Representatives is unhappy that oil revenues remains the mainstay of the nation’s economy.As a result, the House has stressed the need by the authorities to make adequate plans and preparation for a Post-Oil Economy in Nigeria. The Nigerian power sector yesterday received another boost as the Transmission Company of Nigeria, TCN, disclosed the attainment of new peak transmission. Read all the Nigerian, national and local latest news, breaking stories, top headlines, opinion, pictures and videos from Nigeria and the world on today.ng Only the official Nigeria Energy registration forms can confirm your participation at the show. Nigeria Solar Energy Newswire. And, If Western Lenders cut off Loans for African fossil fuel projects? SweetCrudeReports covers all spectra Oil, Gas and other energy industry in Nigeria, Europe, the Middle-East and the American continent - SweetCrudeReports News . Letter to Clients & Partners. Gas: Unveiling The World’s Best Kept Energy Secrets, Nigeria: Which Comes First? Tuesday It wants to raise revenue but also attract investment. Solar panels in Sahara could boost renewable energy but …. A new look for West Africa's largest energy exhibition & conference. Business Continuity Plan & ERP. Lumos Global has received US$35 million to fund its off-grid solar home systems installation project in Nigeria. Copyright © 2020. South Africans have been experiencing power cuts, or “load shedding” as it is known locally, for the past few months. The pandemic offers an opportunity to accelerate access to clean energy across Africa - and Nigeria is taking advantage. Published on Jan 28, 2021. There is no doubt that the present power crisis afflicting Nigeria will persist unless the government diversifies the energy … The Nigeria's power sector has recorded another milestone in improving the supply chain as the Transmission Company of Nigeria (TCN) yesterday announced another improved all-time national peak of 5,420.30 megawatts. Amazon Energy at Baker Hughes GE (BHGE) Annual Meeting. For several weeks now, the government of Lagos State in Nigeria has been testing solar-powered traffic lights. Number 8860726. editor's pick "Two guys in a backroom" Johnston on WA Libs' energy policy. Orientalnewsng.com is the leading News Website offering the very latest in Nigeria Oil and Gas news, NNPC Breaking News, Nigeria Energy News; If you want to know latest in Nigeria’s Oil & Gas Industry, always visit Oriental News. As Nigerians grapple with the recent increase in electricity tariff, the Federal Government said a coordinated approach is being planned to de-risk and optimize renewable energy investment. 23 September 2021:  Living in Luxury or Industry, Covid-19: Tracking The Vaccine Hack Threat, What Do You Know About Your Household Energy Use, Batteries Are Getting Cheaper, A Dream Come True, The ‘Deadpool’ creator Liefeld praises “The Night Comes for Us”, Unilever to continue producing teabags after Sariwangi bankrupt, Agrarian Ministry distributes 6.2m land certificates, Government targets 16.6% tax revenue growth in 2019, Shell Says LNG Demand Will Nearly Double By 2040, Nigerians Can Sue Shell in U.K. Over Spills, Top Court Says, Amazon To Generate its Own Renewable Electricity over South Africa’s National Grid, The Environmental Benefits of Natural Gas, Nigeria to spearhead Africa refinery capacity additions by 2024, Nigeria: 7 Renewable Energy firms to benefit from Shell’s $10,000 grant, The Nigerian Electric Consumer; Between A Rock, and A Hard Place, OPEC+ To Compensate 2.35 Million Bpd Oversupply, Top 5 Technologies Disrupting the Energy Industry. The Nigeria National Petroleum Corporation (NNPC)… Nigeria's Vice President, Yemi Osinbajo, has commissioned the country's first 2.8MW solar hybrid power project at Alex Ekwueme Federal University, Ndufu-Alike Ikwo in Ebonyi State. Latest Energy News; Oil & Gas; Nigeria tells oil, gas companies to cut staff in pandemic fight. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. The House of Representatives has insisted that the proposed two-month free electricity for Nigerians be implemented to cushion the effect of the COVID-19 pandemic on citizens. The Latest news in Nigeria and world news. Lumos Nigeria will supply solar-powered systems to ICU units at the Covid-19 isolation and treatment centre of Eti-Osa, located in Lagos. Amazon Energy at 2019 Nigeria Oil and Gas (NOG) Conference in Abuja. Informa Markets, a trading division of Informa PLC. VIEWS. The World Bank has approved the sum of $750 million as a loan to Nigeria’s power sector after years of negotiations over long term reforms in the sector. News. Wednesday   The US company will install several solar mini-grids in the rural areas of Bayelsa State in southern Nigeria. With this clean energy, it wants to reduce traffic congestion caused by an unstable power supply. Access to clean modern energy services is an enormous challenge facing the African continent because energy is fundamental for socioeconomic development and poverty eradication. Get by Email • RSS. COVID-19 Global Pandemic. Schneider Electric recently signed an agreement with EM-ONE Energy Solutions, an engineering firm in Nigeria, with the aim of creating an industry ecosystem based on renewable energy-centered minigrids built or operated by community stakeholders. Rapid deployment of renewable energy and energy efficiency technologies is resulting in significant energy security. Energising the Nigerian energy market. NOGOF 2019. Slugcatcher 08 MAR 2021. Registered in England and Wales. The directors of Studiocraft Global Communications are registered with all the relevant professional bodies in their various fields of endeavor such as APCON, COREN, IoD etc. The World Bank has approved Nigeria's request for a $3billion loan for the expansion of the transmission and distribution networks in the power sector. Nigeria to ensure orderly foreign investor exits after oil price crash. 0. The World Must Enjoy A Modern Life Guaranteed By Natural Gas, Electricity Distribution in Southeastern Nigeria. The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access to energy by promoting private investment into mini-grid and off-grid solutions. For instance, in 2006, the Ministry of Environment implemented the Renewable Energy Master Plan (REMP), which was a strategy that aimed to increase the contribution of renewable energy to Nigeria’s total energy production by 2025. COVID-19 Global Pandemic. Events. is part of the Informa Markets Division of Informa PLC. Shell has been active in Nigeria ever since the African country opened up to international investment in the early 1960s, maintaining… Slugcatcher and the return of OPEC as the oil-price . As countries continue to rebuild from the COVID-19 pandemic, a new guide by Sustainable Energy for All (SEforALL) shows how clean energy investment can support countries to ‘Recover Better’, and use this unique moment to reset their economies and close energy access gaps. The Nigerian National Petroleum Corporation (NNPC) has said that its downstream subsidiary, the Petroleum Products Marketing Company, recorded a total of ₦1.95tn from the sale of white products for the period October 2019 to October 2020. Today, 60% to 70% of the Nigerian population does not have access to electricity. 19. Nigeria: Tapping the Sun to Give Quality Healthcare Dr Ogbonnaya Onu, Minister of Science and Technology, says Nigeria plans to generate 30 per cent of its electricity supply through renewable energy … OPEC forecast boosts optimism. Microsoft, through its 4Afrika initiative, has entered into a partnership with ICE Commercial Power, a Nigerian-based renewable energy provider, to provide reliable solar power to 10,000 Small and Medium Enterprises (SMEs) across Nigeria for the next two years. 21 September 2021:  In 2005, the Energy Commission of Nigeria developed the Renewable Energy Master Plan (REMP), which suggests ideas for renewable energy policies, as well as possible technologies that can be used to fulfill their goals. Studiocraft Global Communications Limited is an Integrated Marketing And Communications Company publishers of EnergyNewsTM The mission of the firm is the pursuit of excellence in professional practice of Integrated Marketing And Communications. Nigeria's dollar reserve has declined 24% to $34 billion over the last year. Researchers imagine it might be possible to transform the world’s largest desert, Last year, despite the coronavirus pandemic, world LNG demand grew slightly to 360 million tons. The Federal Government has announced plans to provide solar home systems to 5 million Nigerian households within the next 12 months, as part of the Economic Sustainability Plan. Reuters; May 11, 2020, 16:57 IST LAGOS: Nigeria's oil ministry will present a long-awaited oil and gas reform bill to the president in the coming days aimed at boosting output and attracting foreign investment, three sources close to the negotiations told Reuters. 192. The global craze for renewable energy has offered jobless Nigerian youths alternative employment as solar energy panel installation gains ground. Energy Commission of Nigeria (ECN) 2021/2022 has been anticipated in the country till date. A Nigerian firm is leveraging the energy of the sun to keep local healthcare centres up and running, thus preserving drugs and saving lives. Nigeria records highest power transmission of 5,615.40MW The statement said the power generated was efficiently transmitted through the nation’s transmission grid at a … SHARES. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Dangote Refinery to buy Nigerian crude in Naira, sell petrol in Naira PM News, Nigeria 16:54 27-Feb-21 Nigeria: Govt Moves to End Fuel, LPG Explosions AllAfrica 11:52 27-Feb-21 Chevron debunks oil spill claim on its Abiteye, Utonana field The Nation, Nigeria 03:01 27-Feb-21 Nigerian Oil and Gas News Orient Energy Review, Africa’s top energy news website brings you the latest, carefully curated Nigerian Oil and Gas News, covering updates from diverse companies/stakeholders from the Upstream/Downstream Oil & Gas Industry in Nigeria. Nigerian distributed utility company, Arnergy, raises $9 Million in a Series A round of funding. Nigeria depends on crude oil sales for 70 percent of government revenue and 90 percent of foreign exchange earnings but a price war between Russia and Saudi Arabia and overproduction has sent the oil … Indeed, Engineer Adedoyin Adetunji Adewunmi is a Man of Many Parts Reuters. It is technology that is 100 per cent clean, it is cheap energy, it is 24/7 energy.” ... “We are talking to 40-plus countries at the moment,” Final agreements for the Nigerian partnership will be signed this fall in Uyo, Nigeria… 11 PLC, which until October 2016 was known as Mobil Oil Nigeria Plc, hopes to delist its more than 360.592 million ordinary shares from the daily official list of the Nigerian Stock Exchange (NSE) by the end of the first quarter, in furtherance of a resolution passed at its last annual general meeting in October.… Please enter your username or email address to reset your password. Beware of unsolicited websites and companies. The practice has been setup with the aim of offering multi-disciplinary, integrated marketing and communications services on large and complex projects and product range which usually require the services of a broad spectrum of highly experienced professionals. 22 September 2021: The Nigerian subsidiary of mini-grids supplier Renewvia Energy Corporation has just signed a grant agreement with Nigeria's REA. 12 … FEC Approves ₦124.2 million For Completion Of Oyo, Ogun Power Sub-stations. Corporate Letters. Nigeria negotiates terms with Big Oil to keep investments. The Nigerian Ministry of Power is accepting bids to build seven off-grid PV projects, along with other installations that will improve access to energy.

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