The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has countered the allegation by its sister regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) that ExxonMobil was lifting butane illegally at Bonny River Offshore Terminal (BRT). In letters to the Ministry of Petroleum Resources and Chief of Defence Staff, General Lucky Irabor, NMDPRA had alleged that ExxonMobil Corporation was involved …

The Lagos State Ministry of Energy and Mineral Resources has organised a stakeholders’ engagement in Alimosho Local Government Area in continuation of the state government’s efforts to ensure adequate power supply to Lagos residents through various interventions. The Permanent Secretary of the Ministry, Ms. Sholabomi Mosunmola Shasore said at the event that the meeting was organised in line with the …

Seplat Energy Plc has petitioned the National Judicial Council (NJC) to sanction Hon. Justice Inyang Ekwo of the Federal High Court Abuja for what the company described as “unethical, gross misconduct and abuse of judicial power” in granting ex-parte orders in several cases involving the Seplat and some of its shareholders. In a six-page petition dated 15th May 2023 and …

A Federal High Court, sitting in Lagos, on Tuesday struck out a petition against Seplat Energy brought on 8th March 2023 by Moses Igbrude, Sarat Kudaisi, Kenneth Nnabike, Ajani Abidoye and Robert Ibekwe. The petition had led to ex parte interim orders which ordered Mr. Roger Brown to step aside as the company’s Chief Executive Officer. However, the court later …

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on industry operators, particularly large consumers of petroleum products, to consider moving from the use of diesel to gas in line with the Federal Government’s designation of gas as Nigeria’s transition fuel after the Petroleum Motor Spirit. NMDPRA’s Chief Executive, Farouk Ahmed made the call at a one-day Stakeholders …

Savannah Energy PLC, the British independent energy company, has announce the signing of a Memorandum of Agreement by Savannah Energy Niger Solar Limited with the Government of the Republic of Niger for the development of two solar photovoltaic power plants, which have a combined installed power generation capacity of up to 200 megawatts. A signature ceremony was held on Thursday …

The Chairman of Seplat Energy, Mr. Basil Omiyi has announced that the company’s total revenue rose by 29.8 per cent to $951.8 million as at the financial year ended 31st December 2022. At the company’s 10th Annual General Meeting (AGM) held virtually on Wednesday with shareholders, regulators, company directors, and the media, Omoyi said that the profit before tax rose by …

Former Minister of Power, Mr. Sale Mamman has been arrested and detained by the Economic and Financial Crimes Commission (EFCC) in connection with an alleged N22 billion fraud. Mamman, who was a minister between 2019 and 2021, was arrested in the early hours of Wednesday and is being detained at the headquarters of the anti-graft agency in Abuja, sources told …

Vice President Yemi Osinbajo, on Monday in Abuja, said that it would take “serious” private sector investment in Nigeria’s power sector to meet the country’s rising energy needs. Osinbajo made the observation when he presented the discharge certificate to the Chairman of Transcorp Ughelli Power Limited, Mr. Tony Elumelu. The company is the core investor in the Ughelli Power Plant …

A graduate of Interlink Polytechnic, Ijebu-Jesa, Osun State, Oyekunle Ayansola has said that it took him 13 years to build an eco-friendly generator for steady power supply. He said his invention was spurred by his parent’s broken marriage 13 years ago and the economic hardship that followed. According to him, the challenges he faced made him look for innovative ways …