Outrageous billings, service interruptions and illegal disconnections topped the list of over 3.25 million complaints made by consumers to the electricity distribution companies, also known as DisCos within five years. This was as 430 employees of the companies and the third parties died from 1,528 job-related accidents within the same period. According to an analysis of the quarterly reports released ...

Shell has halted production at Prelude LNG – the world’s largest floating liquefied natural gas facility offshore Australia – due to a trip, a spokesperson for the supermajor said on Friday without giving details when production could resume.“Production on the Shell-operated Prelude FLNG facility has been temporarily suspended due to a trip,” a spokeswoman for Shell told Reuters on Friday. ...

The Federal Government is set to earn N647.7 billion from the concession of two power projects, the e-ticketing of two rail routes and a Device Management System. The two power projects which are the 360 Mega Watts Gurara II Multipurpose Dam and Hydro Power Plant and the 40 MegaWatts Kashimbilla Hydro Power Plant will be concessioned under an Operation and ...

A session at the Green Hydrogen capacity building workshop Setting up a hydrogen industry is a long-term project for the “last mile” of decarbonisation. The priority in the short- to medium-term is to further expand renewable energies, also as a prerequisite for the production of green hydrogen, to promote energy efficiency, shift to more environmentally friendly modes of transport and ...

Like crude oil, Nigeria has abundant renewable energy potential. Renewable energy is derived from natural sources that are replenished at a higher rate than they are consumed. Nigeria’s power sector is facing crisis with a large percentage of the population lacking access to electricity while those who have experience epileptic supply. Experts say given the challenges in the nation’s power ...

Newly completed $1.5 billion Lekki Port and Lekki Freeport Terminal, its terminal operator, will help to recover Nigeria’s transship cargo lost to other neighbouring West African countries, Cotonou, Ghana, Togo and others. Speaking at a media parley in Lagos recently, the Chief Commercial Officer of Lekki Freeport Terminal, Kehinde Olubi-Neye, said the new port, which has invested close to $100 ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun State has sealed 75 filling stations for operating without valid licences and other infractions. The NMDPRA State Coordinator, Mr Kunle Adeyemo, stated yesterday in Osogbo, the Osun State capital. The coordinator said the filling stations were sealed during a surveillance of the agency last month. Adeyemo said during the ...

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday in Abuja expressed concerns over Nigeria’s N77 trillion public debt. Addressing the 7th triennial national delegates’ conference of the association, its president, Mr Festus Osifo, said the debt profile as at the first quarter of 2023 was mind-blowing. He noted that poor implementation of fiscal and monetary ...

Former HYPREP Coordinator Dr. Ferdinand Giadom handing over to newly appointed P.C Prof. Nanibarini Zabbey The clean-up of Ogoni has taken longer than necessary despite the available resources and manpower made available. In 2012, the Nigerian government established the Hydrocarbons Pollution Restoration Project (HYPREP) to help with the clean-up of Ogoni land and impacted communities. The name, described as “anachronistic” ...

The Lagos Chamber of Commerce and Industry, LCCI, has commended the efforts of Alhaji Aliko Dangote, promoter of 650,000 barrels a day refinery located in Lagos. Expected to be Africa’s biggest oil refinery and the world’s single-trained facility, the Dangote Refinery will provide product sufficiency to meet Nigeria’s need for refined petroleum products, Dr. Chinyere Almona, Director General of the ...