The International Atomic Energy Agency (IAEA) said Nigeria’s economy will develop on completion of its nuclear energy power plant, which will provide at least 4,000 megawatts (Mw) in the country. The firm, based in United States, in a study said the Nuclear Energy Plant (NPP), which will be located in the eastern and other parts…
Managing Director/ CEO of Eroton E&P, Ebiaho Emafo, in an interview with BusinessDay, speaks about the dynamics of Nigeria’s gas sector and Eroton’s plans to grow its gas reserves. Eroton E&P won the bid for the 45% total interest in OML 18 previously held by Shell Petroleum Development Company, Total E&P Nigeria Limited and Nigerian Agip Oil…
Welcome, Majorwaves Readers. Here’s a sneak peek into last week’s energy events around what transpired in the three major sub-Saharan countries in Africa: Coming on the heels of the just-concluded Nigeria Gas Association’s conference, Abuja, where Nigeria’s gas players strategized on how to refocus the country on gas with the use of innovations, we are…
According to the Commission, out of about 17 oil blocks sold between 2013 and 2016, 13 of the blocks still exist without any exploration activity making the country lose huge investments in the sector. Answering questions on the development at a press briefing, Chief Executive of the Petroleum Commission, Egbert Faibile Junior disclosed that the…
Ghana may not be able to flourish like other oil producing countries even after a century, if the proceeds from its oil and gas sector are not properly accounted for. That’s according to the Chairman of the Public Interest and Accountability Committee (PIAC), Dr. Steve Manteaw. According to him, the lack of transparency and accountability…
Ghanaian President Nana Addo Dankwa Akufo-Addo revealed last week that the country was now a net exporter of electricity. Akufo-Addo made the announcement in Burkina Faso’s capital, Ouagadougou, at the inauguration of the Bolgatanga-to-Ouagadougou Power Interconnection Project. The project will see up to 100 MW per day of electricity supplied from northern Ghana to Burkina…
The Minister of power, works and housing, Babatunde Fashola, on Thursday, said the electricity problem in Nigeria “is slowly being solved, one by one” and cannot be solved by magic. Fashola disclosed this during the inauguration of the 2x100MVA, 132/33kV power transformers at the Ejigbo Transmission Substation in Lagos and the handover of the expanded…
ANED said this in a statement on Sunday in response to Fashola’s accusation that the body was not known to the government and its spokesperson, Sunday Oduntan, was an interloper. The Association of Nigerian Electricity Distributors has accused the Minister of Power, Works and Housing of spending $5.6 million to generate 1megawatt of electricity instead of…
The City of Cape Town is working its plans to establish an appropriate business model to stimulate the uptake of solar photovoltaic systems. This announcements follows the need for aggressive renewable energy targets. The number of increasing customers installing rooftop solar photovoltaic infrastructure is evident and the costs are perceived to be prohibitive by most…
The Council for Scientific and Industrial Research (CSIR) aims to partner with a metropolitan council and a district municipality to compile pilot municipal energy master plans for electricity (MEMPs), which will provide the two councils with insight into the best electricity supply blends for their respective grids. CSIR Energy Centre head Dr Clinton Carter-Brown tells…
