March 11, 2025
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Home Archive by category Energy (Page 2)

Energy

collapses
Energy News

National grid gets additional transformers -TCN

Ihesiulo Grace 0
In line with the Federal Government policy on incremental power, the Transitional Company of Nigeria (TCN) under its Transmission Rehabilitation and Expansion Program (TREP) has again completed the installation of 100MVA, 60MVA and 60/66MVA, 132/33kV power transformers in three different transmission substations. The new power transformers have increased transmission
NNPC
Energy News

NNPC to establish 200,000bpd condensate refineries

Ihesiulo Grace 0
The Nigerian National Petroleum Corporation (NNPC), will establish two condensate refineries with a total refining capacity of 200,000 barrels per day at Western Forcados and Assah North Ohaji as well as Southern areas of Delta and Imo State respectively. The NNPC Natural-gas condensate is a low-density mixture of hydrocarbon liquids that are present as gaseous […]
new tariff
Energy Headlines

Power sector loses N324.3bn in 8 months

Ihesiulo Grace 0
Nigeria power sector has lost not less than a whopping N324.3 billion this year, due to gas constraints and poor distribution network, latest data from the advisory power team in the office of Vice President Yemi Osinbajo has shown. The latest power generation report, showed that 3,700 megawatts (Mw) of electricity could not be generated […]
EKEDC
Energy News

Eko Disco rehabilitates facilities in Ikoyi

Ihesiulo Grace 0
The Eko Electricity Distribution Company (EKEDC) said it had commenced the rehabilitation of work on power facilities in Ikoyi and environs to improve services to its customers in the area. The General Manager, Corporate Communications, EKEDC, Mr Godwin Idemudia said in Lagos the network improvement work was being handled by Marolls Engineering Limited. According to […]
Energy News

Beijing offshore oil coy to invest $3bn in Nigeria

Ihesiulo Grace 0
The Management of China National Offshore Oil Corporation (CNOOC), has expressed readiness to invest additional $3 billion in its existing stakes in offshore oil and gas operations in the Nigerian jurisdiction. Leading a team of CNOOC top executives to the corporate headquarters of the Nigerian National Petroleum Corporation (NNPC), Yuan Guangyu, Chief Executive Officer of
electricity AfDB
Energy News

FG tasked over struggling energy sector

Ihesiulo Grace 0
Experts have expressed concern over the poor performance of the Nigerian energy sector which they say must operate optimally to ensure the economic recovery plan of the federal government becomes a reality. This concern was raised due to unsteady power supply across the country despite power to gas programme which has also failed to power […]
oil
Energy News

Reps probe NNPC remittances to federation account

Ihesiulo Grace 0
*Accuse oil giant of withholding N100bn The House of Representatives on Tuesday, said that it would investigate remittances by the Nigeria National Petroleum Corporation (NNPC), into the federation account from the revenue it generated from crude oil sales between May and June, including funds it realised from other revenue sources. This resolution was adopted by […]
EKEDC
Energy News

National grid collapse, cause of outage — Eko Disco

Ihesiulo Grace 0
The Eko Electricity Distribution Company (EKEDC), has attributed the current power outage on its network to what it called system collapse of the National Grid. The General Manager, Corporate Communications of the company, Mr Godwin Idemudia, said on Monday that the outage which occurred about 2.27 p.m. on Sunday affected Ajah, Akangba and Agbara transmission […]
PMS
Energy News

NNPC gas supply to power hits 2-year high

Ihesiulo Grace 0
The Nigerian National Petroleum Corporation (NNPC), has announced the attainment of a two-year record spike in gas supply to power generation, which hits 854.40million Standard Cubic Feet of gas per day (mmscfd) for March 2018, translating to an equivalent power generation of 3,492MW. Details of the March 2018 National Gas Production figures contained in the […]
Energy News

FG begins 1MW capacity solar farm at AE-Funai

Ihesiulo Grace 0
As part of efforts to boost education by the federal government, the Rural Electrification Agency (REA), Federal Ministry of Power, Works and Housing, yesterday, kick-started the process of building one mega watt capacity solar farm at Alex Ekwueme Federal University Ndufu-Alike, Ebonyi State. The University is one of the first nine Federal universities that are […]
Baru
Energy News

We can’t confirm Bida Basin oil discovery – NNPC

Ihesiulo Grace 0
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the speculations that oil has been found in commercial quantity in the Bida Basin should be discountenanced, stressing that the search for oil in the basin is still ongoing. Dr. Baru made this submission while delivering acceptance speech […]