Energy & Environment

  • FG transfers Zungeru Hydroelectric to concessionaire

    FG transfers Zungeru Hydroelectric to concessionaire

    The Federal Government transferred the operations of the Zungeru Hydroelectric Power Plant (ZHPP) to a concessionaire, Penstock Ltd. Vice President Kashim Shettima made the disclosure during the first meeting of the National Council on Privatization (NCP) for the year 2024 at the Presidential Villa, Abuja. He said that the move was expected to boost Nigeria’s power generation capacity and contribute…

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  • Land restoration: stakeholders renew commitment to well-being of rural communities

    On Tuesday in Abuja, stakeholders renewed their commitment to addressing land degradation in 19 northern states and the Federal Capital Territory. Mr Mahmud Kambari, Permanent Secretary of the Federal Ministry of Environment, stated this during a training session on Land Restoration Techniques. The News Agency of Nigeria (NAN) reports that the training is a collaboration by the Food and Agriculture…

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  • Residents of Lafia Demand Action Over Power Woes

    Lafia, Nasarawa State, February 19, 2024: Residents of Lafia, the capital of Nasarawa State, are up in arms over the persistently poor power supply and exorbitant electricity bills they have been burdened with. In response to their grievances, the aggrieved residents have announced plans to stage a peaceful protest at the office of the Abuja Electricity Distribution Company (AEDC) along…

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  • AEDC apologises to consumers over power interruption

    Abuja, Feb. 16, 2024 (NAN) The Abuja Electricity Distribution Company (AEDC) has apologised to it’s consumers over the power interruption being experienced in its franchise areas. The management of the company made the apology in a statement in Abuja on Friday. “We understand the inconvenience this may cause and sincerely apologise for this disruption. “We would like to inform you…

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    NNPC Ltd/TotalEnergies Joint Venture Achieves Zero Routine Gas Flare

    Port Harcourt, February 15, 2024 –  In a significant stride towards fulfilling Nigeria’s commitments under the Paris Accord, the NNPC Ltd./TotalEnergies Joint Venture has achieved zero routine gas flare across all its assets, marking a major milestone in the nation’s efforts to combat climate change. The announcement was made on Thursday during an inspection tour of OML 100 in the…

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  • Nigeria Grapples with Soaring Fuel Prices and Transport Disruption

    Lagos, February 15, 2024 –  As Nigeria battles soaring fuel prices and disruptions in the transportation sector, the country finds itself embroiled in a subsidy quagmire, with government denials clashing against mounting evidence of financial burdens and industry unrest. Despite official claims to the contrary, Nigeria is reportedly shelling out approximately N907.5 billion monthly in subsidies for premium motor spirit…

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  • National-power-grid

    Power: Expert urges more investment to boost national grid

    Abuja, Feb. 11,  2024 (NAN) An expert on power, Mr. Kunle Olubiyo, has urged the Federal Government and stakeholders to increase investment in the power sector to boost the national grid. According to Olubiyo, this will also reduce the frequent collapses experienced by the grid. Olubiyo, who is also the President of the Nigerian Consumer Protection Network, said this in…

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  • Survey Exonerates TCN and Tinubu’s Administration in National Grid Collapse

    A recent three-week survey conducted by electricity experts sheds light on the persistent breakdown of Nigeria’s national grid, laying the blame on the administration of former President Olusegun Obasanjo, according to findings released on Tuesday. The survey, which included responses from 1,000 individuals aged between 35 and 60 in key cities across the six geo-political zones, pointed fingers at the…

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  • NNPC, partners to work on methane emissions reduction

    NNPC Ltd Announces Commencement of Oil Production from Akpo West Field

    ABUJA – In a bid to optimise production from Nigeria’s oil and gas assets, the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful commencement of oil production from the Akpo West Field. This significant milestone, achieved through meticulous planning, strategic collaboration, and unwavering dedication from all stakeholders involved in the project, is expected to add 14,000 barrels…

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  • The Guardian

    TotalEnergies Reports Record $21.4bn Profit Despite Energy Price Challenges

    PARIS – French energy conglomerate TotalEnergies announced on Wednesday its highest-ever profit for 2023, buoyed by strong performances in its liquefied natural gas and electricity divisions. TotalEnergies reported a net profit of $21.4 billion, marking a four percent increase from the previous year. The company’s robust financial results surpassed those of global competitors such as Shell, BP, Exxon-Mobil, and Chevron,…

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  • Heavy Traffic and Fuel Queues Grip Lagos Amid Fear of Petrol Scarcity

    Lagos, Nigeria – Monday witnessed heavy traffic congestion in various parts of Lagos as motorists faced long queues outside filling stations amid fears of an impending scarcity of Premium Motor Spirit (PMS). Our correspondent observed significant gridlock along the Ikorodu Road axis, with motorists enduring unusually heavy traffic due to long queues at filling stations. Particularly, the Total Filling station…

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  • Project Manager, Koyla Kerz, (standing 1st right) delivers a presentation during a training on Methane Emission Abatement, organised by the United States Department of State Bureau of Energy Resources’ Energy and Mineral Governance Programme (EMGP) in conjunction with Deloitte, in Abuja, on Monday. Standing next to Mr. Kerz are the Deloitte Specialists, Steve Ramsey (Senior Hydrocarbons Sector Technical Emissions Specialist) and Philip Reichardt (Team Lead).

    NNPC Collaborates with US and Deloitte to Achieve Net-Zero Carbon Goals

    February 5, 2024: The Nigerian National Petroleum Company Limited (NNPC Ltd) is set to collaborate with the United States Department of State and international management consultancy firm Deloitte to achieve its net-zero carbon goals. The joint project focuses on reducing the emissions of methane and other greenhouse gases from NNPC’s upstream operations. The conceptual stage of the project was the…

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  • Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; Deputy Managing Director, Chevron Nigeria Limited, Mr. Cosmas Iwueze. and senior management of the NCDMB and Chevron Nigeria after the visit of Chevron officials to the Nigerian Content Tower, Yenagoa, Bayelsa State on Friday.

    NCDMB Pledges Expedited Approvals to Boost Oil and Gas Projects

    February 4, 2024: The Nigerian Content Development and Monitoring Board (NCDMB) has affirmed its commitment to streamline the approval processes for documents submitted by oil and gas companies. The primary objective is to expedite the development of oil and gas projects, contributing to increased oil production and fostering economic growth. Engr. Felix Omatsola Ogbe, the Executive Secretary of NCDMB, reassured…

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  • Groups partner to tackle Nigeria's climate crisis | The Guardian Nigeria News

    Groups partner to tackle Nigeria’s climate crisis

    The National Council on Climate Change (NCCC) and Climate Action Africa (CAA) have joined forces in a strategic partnership to address the pressing challenge of climate change in Nigeria. The partnership was solidified with the signing of a Memorandum of Understanding at the NCCC office in Abuja yesterday. This collaboration aims to unify efforts to address Nigeria’s vulnerability to the…

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    36 oil blocks under concession to IOCs, others – NNPC Ltd

    No fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country, latest data from the Nigerian National Petroleum Company Limited showed. An analysis of NNPCL’s new Consolidated and Separate Financial Statements for the 16-Month Period Ended December 31, 2022, indicated that the blocks are located in deepwater (eight),…

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  • PHOTO CAPTION: L-R: NNPC Ltd.'s Chief Financial Officer, Mr. Umar Ajiya, EITI’s Deputy Executive Director, Mr. Bady Baldé, GCEO, NNPC Ltd, Mr. Mele Kyari, Executive Secretary, NEITI, Dr. Orji Ogbonnaya Orji, and Executive Vice President, Business Services, Mr. Danladi Inuwa, after the presentation of EITI’s report to NNPC Ltd on Thursday.

    Extractive Industries Transparency Initiative Applauds NNPC Ltd in Global Assessment

    ABUJA – The Nigerian National Petroleum Company Limited (NNPC Ltd) has received high praise from the Extractive Industries Transparency Initiative (EITI) in its latest global assessment, according to a statement by EITI’s Deputy Executive Director, Mr. Bady Baldé. During a visit by an EITI delegation to the NNPC Ltd’s Group Chief Executive Officer, Mr. Mele Kyari, in Abuja on Thursday,…

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  • Ministry of Economy and Planning KSA

    WEF24: Saudi Climate Envoy – Kingdom setting standards for global energy, resource security

    Saudi Arabia highlighted its commitment to collaborating with the global community to meet the growing global demand for energy while driving green transformations, and building integrated economic resilience, today at the World Economic Forum (WEF) Annual Meeting 2024. Speaking on the Kingdom’s commitment to strengthening the long-term resilience of the global resource nexus, His Excellency Adel A. Aljubeir, Minister of…

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