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Energy Storage
NIGERIA: Eos Strengthens Its Partnership with Nayo for Electricity Storage
Electricity storage equipment supplier Eos Energy Storage is expanding its partnership with Nigerian clean energy mini grid supplier Nayo Tropical Technology.
Decentralized Energy
GE Restores Gas Turbines Adding 360MW to Nigeria’s Grid
GE announced the successful rehabilitation of three 9E.03 gas turbines at three Niger Delta Power Holding Company power plants in Calabar and Sapele, Nigeria.
Policy & Regulation
Nigeria Considers Privatizing Its State Oil Firm
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) under a draft new petroleum law currently in Parliament for dis
Energy Economy
Nigeria: FG Sinks $5.8bn in Mambilla Hydropower Project
The Federal Government has said that it has so far spent about $5.8 billion on the 40-year-old Mambilla Hydroelectric Power project.
Oil & Gas
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the
Power Grid
CIGRE-West Africa National Committee inaugurated in Abuja
CIGRE-West Africa National Committee inaugurated in Abuja.
Solar
Lumos to Expand Solar Footprint in Nigeria with Latest Investment Win
Solar home system provider Lumos has obtained $35 million in financing from the US International Development Finance Corporation to expand its existing solar po
Oil & Gas
NPDC Planning 500,000 barrel of Crude Oil Per Day
Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its
Oil & Gas
OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens
OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.
Oil & Gas
Nigeria: Rainoil’s New 8000metric ton LPG Tank Helps Widen Expansion
Rainoil Limited’s newly built 8000metric ton capacity Liquefied Petroleum Gas tank, with fleet capacity of 40 trucks, has been launched, targeted at deepening
Oil & Gas
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can
Power Grid
Nigeria’s Grid is Set for a Make-Over to Boost Capacity
Siemens’ pre-engineering contract to expand Nigeria’s grid capacity to 25,000MW has been approved.
Oil & Gas
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster
Oil & Gas
Nigeria: President Buhari to Launch AKK Gas Pipeline Project
Muhammadu Buhari, Nigeria's President, is expected to start work on the 40-inch x 614km AKK gas pipeline on June 30.
Power Grid
Nigeria: Electricity Tariff Increase to Take Effect on 1 July
Electricity distribution companies in Nigeria have announced that a new electricity tariff increase will be rolled-out with effect from 1 July 2020.
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