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Energy
NEMSA Certifies 10,692 Power Projects and Inspects 15,931.
After reviewing a total of 15,931 projects across the nation, the Nigerian Power Management Services Body, a…
Nigerias Power Sector Debt to NDPHC is at N100 billion.
According to Chiedu Ogbo, the managing director of NDPHC, the electricity industry owes the company more more N100…
Nigeria: Minister Says Buhari will Leave 22,000 Megawatts of Electricity by 2023.
Abubakar Aliyu, the Minister of Power, estimates that by 2023, the administration of President Muhammadu Buhari…
Energy Crisis Worsens in South Africa as Nation Experiences more Severe Power…
Eskom has implemented higher stages of planned power cuts due to ongoing infrastructure failures at power…
Dangote Refinery Valuation to Soar Past $13.8bn on Completion
The European Union is looking for alternative sources of refined products as a result of the sanctions imposed on…
Nigeria would Add 1 GW by 2027 Despite the Growth of Renewable Energy Globally.
Nigeria's growth in renewable energy would reach 1 gigawatt (GW) by 2027, according to the International Energy…
US and UK Promise to Keep LNG Trade at High Levels.
The UK has been affected by rising prices, but it is less dependent on Russian gas than the EU, and this year, its…
Nigeria FG Creates a Trading Platform for Consumers and Power Companies.
The Federal Government has announced that starting in 2023, electricity transactions will be conducted through an…
Nigeria FG Reaffirms Commitment to Reaching Net-Zero Gas Emissions.
The government's commitment to meeting its net-zero emission targets by 2060 has been reaffirmed by Minister of…
Diesel Prices Increased by 215%, Gas by 70.6%, and Petrol prices by 17% in 2022.
The average retail price of Automotive Gas Oil (AGO), often known as diesel, which many Nigerian companies used to…
Exclusive: Exxon will leave Equatorial Guinea amid the Phase-out of Crude in…
Exxon Mobil Corp (XOM. N) will cease oil production in Equatorial Guinea after its license expires in 2026 and…
NEITI: Nigeria Earned $741.48bn Revenue from Oil, Gas Sector.
According to figures released in Abuja by the Nigeria Extractive Industries Transparency Initiative (NEITI),…
Leading African Nations Start on Growth Routes for Energy and Emissions.
At this week's United Nations climate meeting, African countries made it plain that the continent will utilize its…
Nigerian State-owned Firm begins Drilling for Oil at a Field in the North.
Nigeria's state-owned NNPC Ltd. Began drilling for oil and gas at a field with 1 billion barrels of reserves in…
Tanzanian Government Plans to Transform the Namanve Power Plant to A Gas Facility.
In order to transform the Namanve Thermal Power Plant into a Liquefied Petroleum Gas production unit, the…
Subsidies on Gasoline and Electricity are Harming Poor Nigerians, According to…
According to the World Bank, subsidies benefit only wealthy households and reduce government spending on poor…
Kenya Injects First Dispatch of Ethiopia Power into National Grid.
Kenya launched the program that is anticipated to help down power rates for companies and people last week by…
The Solar Energy Fund at Bank of Industry is now N6 billion.
The Fund was initially introduce in 2017 as a N1 billion Solar Energy Fund for Micro, Small, and Medium-Sized…
Africa’s Renewable Energy Receives $20 million from AfDB.
The African Development Bank Group's Board of Directors approved a $20 million equity investment in Evolution Fund…
Without Reliable Energy, there can be no Digital Economy, says Sahara Power.
"There can't be a digital economy without power. According to Adesina, while Nigeria's population was expanding…
Nigerian Authorities Approve a 1,650 MW Hydropower Project.
One of the largest power projects in Nigeria, a 1,650 megawatt (MW) hydropower facility. With a $3 billion price…
Nigeria Loses Millions of Dollars on Abandoned Projects for Brass and Olokola LNG.
The capacity of Nigeria might have increased by 22 million tonnes annually due to two significant LNG projects,…
Nigeria is The Third-largest Crude Oil Output in Africa.
For October 2022, Nigeria has remained the third-largest crude oil output in Africa. Algeria, Angola, and Nigeria…
Despite a Decline in Profit to $9.45billion, Shell Increased its Dividend.
Due to weaker refining and gas trading, Shell (SHEL. L) reported third-quarter profit of $9.45 billion, slightly…
The World Bank Anticipates an 11% Drop in Energy Prices in 2023.
The World Bank predicts that energy prices would decline by 11% in 2023; this is due to a 60% increase this year…
According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”
Winter in Ukraine will be the coldest it has ever been, and it will be distinguished by persistent outages,;…
TCN to Increase Nigeria’s Electricity Supply by 817MW.
Plans to increase Nigeria's electricity supply to the National Grid by 817 Megawatts have been made public by…
Kogi Flooding Leads to Fuel Shortage in Abuja, Says NNPC.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) blames the current fuel shortage in…
NNPC Increases Revenue to N674 Billion in 2021.
The Nigerian National Petroleum Company Limited's Group Chief Executive Officer, Mele Kyari, said that the NNPC's…
Russian Oil Price Cap Adopted by EU.
According to Politico Europe, which cited diplomatic sources, the EU has tentatively agreed to set a price ceiling…