By Ajibola Olaide, JKNewsMedia Correspondent A CALL to establish a regional oil pricing benchmark for West Africa has been issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to address regional market disparities and reduce dependence on foreign pricing systems. The Authority Chief Executive, Farouk Ahmed,...
By Jemimah Wellington, JKNewsMedia Correspondent THE BUDGET for the African Atlantic Gas Pipeline, a landmark infrastructure project linking Nigeria to Morocco, has surged beyond $25 billion, according to Morocco’s Minister of Energy Transition, Leila Benali. She said the transcontinental pipeline is set to deliver gas to around 400 million p...
By Jemimah Wellington, JKNewsMedia Reporter THE FEDERAL Ministry of Power has initiated a strategic partnership with the Nigeria Atomic Energy Commission (NAEC) in a renewed push to diversify and stabilise electricity supply across the country. During a meeting in Abuja on Tuesday, Minister of Power Chief Adebayo Adelabu received the Acting C...
By Rosheedat Akinkunle, JKNewsMedia Reporter Residents of Ogun State can soon expect a major boost in power supply, as Governor Dapo Abiodun confirmed that the 30-Megawatt power plant in Onijanganjangan, near Ewekoro, will be ready for commissioning in just eight weeks. His announcement follows the Governor’s inspection of the plant, wh...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PUSH to curb greenhouse gas emissions has gained momentum with a major reduction in routine gas flaring from offshore oil fields. The Nigerian National Petroleum Company Limited (NNPC) and First Exploration & Petroleum Development Company Limited (First E&P) announced it has achiev...
By Helen Okechukwu, JKNM Reporter IN A concerted effort to bolster Nigeria’s energy sector, the European Union (EU) has unveiled two groundbreaking projects with a combined value of €9 million. The announcement came during a project inspection held in Abuja, in collaboration with the Federal Government and the United Nations Industrial Develop...
