News as it breaks
Nigeria’s power sector suffered a setback on Wednesday following the total collapse of the national electricity grid, leaving several parts of the country in darkness. The grid, which has long been plagued by instability, dropped precipitously from a generation capacity of 4,500 megawatts (MW) to a mere 120 MW, according…
The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE/CEREEC) has marked 15 years of transformative work in advancing sustainable energy across West Africa. The milestone event, held in Praia, Cabo Verde, brought together regional leaders, technical experts, lawmakers, and development partners to assess progress and map future strategies. Under…
Backbone Infrastructure Nigeria Limited (BINL) has announced a transformative plan to build and operate a 500,000-barrels-per-day (bpd) oil refinery in the Sunshine Industrial Park and Free Trade Zone in Ilaje Local Government Area of Ondo State. The $15 billion project is part of a public-private partnership with the Ondo State…
The NNPC Gas Marketing Ltd (NGML), a subsidiary of NNPC Ltd, in partnership with NIPCO Gas Ltd, has signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd to supply natural gas for the company’s proposed Liquefied Natural Gas (LNG) plant in the Lekki Free Trade Zone, Lagos…
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mele Kyari, has reaffirmed Africa’s strategic role in the global energy market, emphasizing Nigeria’s position as the continent’s leading oil and gas producer. Speaking at the opening of the 2025 Nigeria International Energy Summit (NIES)…
In a strategic move to enhance Nigeria’s energy and maritime industries, NNPC Shipping, Stena Bulk, and Caverton Marine Limited have entered into a groundbreaking joint venture. The partnership, finalized in London last week, aims to establish a cutting-edge tanker operation catering to Nigeria and West Africa’s crude oil, refined products,…
…Insists NNPC Ltd Didn’t Import Products This Year …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer (GCEO) of NNPC Ltd, Mr. Mele Kyari, has strongly refuted claims of substandard petrol in Nigeria, describing such assertions as misinformation and a deliberate attempt to mislead the public. Speaking…
