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Power

FG Orders Increase Cooking Gas Imports To Address Shortfall.
TCN announces blackout in parts of Delta state
Blackout: NERC approves compensation for Band A customers.
DisCos receive N196.13bn revenue in March- NERC

FG Orders Increase Cooking Gas Imports To Address Shortfall.

The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, explained that the recent hike in prices of cooking gas in the domestic were driven largely by prevailing market realities such as foreign exchange volatility, rising logistics costs, infrastructure constraints, and fluctuations in international LPG prices. The Federal Government has therefore directed the Nigerian Midstream and Downstream…

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Oil and Gas Field Readiness: NCDMB, Chevron, Bristow Begin Pilot Training

Determined to build Nigerian workforce with practical skills for top careers in the local and international oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Chevron Nigeria Limited (CNL) and Bristow Helicopters Nigeria Limited (BHNL), has commenced a significant Human Capacity Development (HCD) programme aimed at developing a new generation…

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Kaiama Grammar School, FGGC, Imiringi, Clinch Top Prizes at NCDMB Science Quiz Competition

The 9th edition of the NCDMB/NTA Science Quiz Competition for Secondary Schools in Bayelsa State came to a close on Wednesday at the Nigerian Content Tower (NCT) Conference Centre, Swali, Yenagoa, with Kaiama Grammar School, Kaiama, in Kolokuma/Opokuma Local Government Area, and Federal Government Girls College, Imiringi, Ogbia Local Government Area, clinching the top prizes,…

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Heirs Energies’ US$750 Million Financing named best Oil & Gas Deal of the year.

Heirs Energies Limited, Africa’s leading indigenous-owned integrated energy company, has been recognised on the global stage after its landmark US$750 million dual-tranche Senior Secured Reserve-Based Lending (RBL) facility was named Best Oil & Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026. The award was presented on 3 June 2026 in…

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2026 oil licensing round will begin by Q3- NUPRC

Oritsemeyiwa Eyesan, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the 2026 oil licensing round will commence by the third quarter (Q3) of 2026, following approval by the minister of petroleum resources. Eyesan spoke on Wednesday when Meren Energy, formerly Africa Oil, visited the commission’s headquarters in Abuja. She said preparations…

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Blackout: NERC approves compensation for Band A customers.

The Nigerian Electricity Regulatory Commission (NERC) has announced a special compensation for band A customers affected by blackout and insufficient supply from grid generation constraints. In a statement, NERC said the directive was introduced in recognition of the significant generation shortfalls experienced across the Nigerian Electricity Supply Industry (NESI) between February and March 2026, which…

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DisCos receive N196.13bn revenue in March- NERC

The Nigerian Electricity Regulatory Commission (NERC) says power distribution companies (DisCos) collected N196.13 billion in revenue in March. In its ‘commercial performance of distribution companies (DisCos)’ fact sheet for March, NERC said the figure represents a 0.28 percent decrease from the N196.68 billion revenue collected in February. According to the fact sheet, the DisCos realised…

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