Nigeria misses OPEC quota, produces 1.38m bpd in March
In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were based on data obtained through direct communication with Nigerian authorities.
$1.66bn from international donors increases power generation ― TCN
The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, said that the 1.66 billion dollars received from international donors increased generation capacity in the country. TCN recently received 1.66 billion dollars from multi-lateral donors to boost power supply in the country, NAN reported. Mohammed disclosed this at the Nigeria electricity awareness walk, […]
Saudi Arabia ready to cut oil output deeper, Sylva says
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva related his conversation with Saudi Energy Minister, Prince Abdulaziz bin Salman. Sylva stated that the top producer of oil among the Organization of the Petroleum Exporting Countries (OPEC) members is ready to go to any length to stabilize the oil market. “He assured me that they […]
Electricity: GenCos fail to generate 2,238.5 megawatts due to gas shortage
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said that they could not generate 2,238 megawatts of electricity on Thursday due to unavailability of gas. This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained by the News Agency of […]
Renewable energy capable of improving Nigeria’s economy ―Experts
Some stakeholders in the power sector have said that the country’s economy will be better improved if Nigerians harness the potentials in renewable energy. The sideline of a free solar installation training workshop held on Saturday in Ibadan. The training programme was organised by Techfine and Nexgen Energy partners for no fewer than 64 Nigerian […]
NNPC discovers crude oil, gas in Northern Nigeria
By Michael Eboh The northern part of Nigeria has joined the league of oil-producing regions, as the Nigerian National Petroleum Corporation (NNPC) Friday announced that it has discovered crude oil, gas and condensates in the Kolmani River region at the border community between Bauchi and Gombe states. In a statement in Abuja, the NNPC, disclosed […]
GenCos release 3,742 MWH of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,742 MegaWatts/Hour of electricity into the national grid on Thursday. This is contained in a daily energy report by the Advisory Power Team, the office of the Vice President a copy, made available to News Agency of Nigeria (NAN), in […]
Ikeja Electric: Oshodi community decries consistent overestimated bills
The Taiwo, Wahabi, Larinde Community Development Association (CDA) in Oshodi area of Lagos State have decried the overestimated bills that Ikeja Electric (IE) has been serving them.
Experts, others task Nigeria on oil resource management
Nigeria has been tasked on efficient oil and gas management as in the midst of changing global realities.
NALPGAM tasks FG on location of gas plants
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has urged the Federal Government to work towards ending the location of Liquefied Petroleum Gas skids at petrol stations across the country.
P&ID $9.6bn: Experts, others react as Addax Petroleum continues to flare gas in OML 123
THE inability of Process and Industrial Development Limited, P&ID, to execute its controversial gas pipeline project, targeted at harnessing 100 million standard cubic feet of associated gas, offshore Akwa Ibom state for use in the plant, has attracted Addax Petroleum Nigeria Limited, several knocks.
