Browsing Tag
Energy Sector
37 posts
Ossiomo Power plans legal action against CCETC over alleged court order violations
Ossiomo Power Company is taking legal steps to hold Jiangsu Communication Clean Energy Technology Co. Ltd in contempt of court for allegedly ignoring multiple judicial orders regarding land and infrastructure disputes in Edo State.
PTDF Launches New Training Plan to Help Nigeria Reach $1 Trillion GDP Goal
The PTDF has introduced a human capital development strategy focusing on specialized education and technical skills to support the Nigerian government's goal of a $1 trillion economy by 2030.
President Tinubu Praises Nigeria’s Accession to World Energy Council
President Bola Tinubu has lauded Nigeria's entry into the World Energy Council, viewing it as a pivotal step for the country to influence global energy policy and sustainability.
Nigerian Power Consumers Invoiced N208.15 Billion for May Electricity
According to NERC data, Nigerian electricity distribution companies improved their revenue collection efficiency in May 2026, gathering N208.15 billion despite a decline in billing efficiency.
Presidency Credits Economic Reforms for Robust First-Half 2026 NGX Performance
The Presidency links strong first-half 2026 financial results on the Nigerian Exchange to key economic reforms, including currency unification and strategic energy sector approvals.
Oando Reports N2.1 Trillion Half-Year Revenue Growth
Oando Plc achieved a 20 per cent revenue increase to N2.1 trillion in the first half of 2026, driven by higher production and improved operational efficiency.
BP Profits Reach Four-Year Peak Amid Middle East Conflict
BP profits surged to $5.73 billion as Middle East tensions pushed oil prices higher, prompting the company to shift focus toward high-return assets and exit North Sea operations.
Nigeria’s Energy Sector Shows Resilience Amidst Unfounded Criticism
Despite external criticism, Nigeria's energy sector is achieving measurable progress through strategic gas initiatives, regional infrastructure projects, and modernized refinery management.
Converting Nigerian Energy Potential into Tangible Results: Insights from NBCC Energy Day 2026
NBCC Energy Day 2026 centered on the necessity of moving Nigeria's energy sector beyond theoretical potential through disciplined execution, domestic industrialization, and a focus on natural gas as a catalyst for growth.
Nigeria Loses Billions as Gas Flaring Wastes $30 Million Daily
Nigeria loses billions annually as gas flaring and methane waste continue to undermine the nation's energy security, public health, and economic potential.