guardian.ng energy news headlines

Edo Refinery laments NNPCLs failure to supply crude oil for production

The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised the alarm over the persistent lack of crude despite being a fully functional 1,000 barrels per day stream crude oil refinery. It said that despite the disclosure by the Dangot
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12 Aug 2024

Without effective midstream, downstream sectors, investments in upstream meaningless

The Society for Petroleum Engineers (SPE) Nigeria has said that without an effective, efficient, and vibrant midstream and downstream sectors, investments in the upstream sector would become meaningless. The Chairman, SPE Nigerian Council, Salahudeen Tahir,who stated this at a media parley during th
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10 Aug 2024

NNPCL demands N4.7tr petrol imports refund from FG

The Nigerian National Petroleum Company Limited (NNPCL) has asked for a refund of N4.71 trillion from the Federal Government to cover outstanding debts used to import petrol into the country. This was disclosed by the Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, and c
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09 Aug 2024

Dangote Group makes clarification on crude supply

The Dangote Group has made a clarification concerning media reports about crude supply involving the Nigerian National Petroleum Corporation (NNPC). In a statement signed by Group Chief Branding and Communication Officer of Dangote Group, Anthony Chiejina, the group denied accusing NNPC of not suppl
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09 Aug 2024

Fresh petroleum sector probe suffers setback as Reps become partners

Investigation into alleged sabotage in the petroleum sector is experiencing hitches in the National Assembly. The sudden decision to involve the House of Representatives as a joint partner in the investigation, which the Senate initiated last month, is attracting criticisms from within the upper cha
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08 Aug 2024

Engineers, investor move to tackle energy crisis

Worried by the unabated energy challenges in the country, the Nigerian Society of Petroleum Engineers (NSPE) has partnered with the real estate investor, the Mayor of Housing, My-ACE China, to tackle the energy crisis. The partnership, it was gathered, would abate energy problems, especially in the
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07 Aug 2024

GenCos jittery as NERC restricts power export to six per cent

Stranded electricity may worsen amid weakening plants The restriction of electricity export to neighbouring African countries may defeat attempts being made by the Economic Community of West African States (ECOWAS) to implement the West African Power Pool (WAPP) and Nigerias drive to increase foreig
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07 Aug 2024

Africas renewable energy future: The talent emergency

Our highly skilled workers are increasingly migratingwestwards, creating a brain drain that impacts the continents development. As the energy industry undergoes a transition towards renewables, the pressing crisis is not solely financial but inherently human. With skilled professionals leaving, the
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07 Aug 2024

Electricity supply rises to 1,255.78MW after grid collapse

We cant afford your new electricity tariff, universities tell DisCos Homes and businesses were left without electric supply for most of yesterday due to a partial collapse of the national grid, with generation falling by 60.15 per cent to 1,255.78MW as of 3:00 p.m. from 3,151.74MW by 2:00 p.m. Data
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06 Aug 2024