Energy

Stakeholders have highlighted the need for a review of the Community Development Agreement (CDA) enacted nine years ago, as it no longer effectively serves the purpose of mining communities. 

ARM-Harith Infrastructure Fund will boost investment in the electricity sector in Nigeria following the launch of AD Power HoldCo, which aims at investing in renewable energy equity financing.

The Nigerian Electricity Regulatory Commission (NERC), in its second quarter report for 2023 showed that the Federal Government paid N135.23 billion to subsidise electricity consumption between April and June this year.

The Federal Government has been urged to prioritise national energy development outlook for Nigerians to experience and enjoy the development they want

The demand for a cost-reflective tariff in the Nigerian Electricity Supply Industry is gaining ground. While the clamour is understandable, the need for improvement in the quality of service delivery by the power sector, if not prioritised, will only make end-users pay for the inefficiencies of the electricity sub-sector. KINGSLEY JEREMIAH writes. The Nigerian Electricity Regulatory Commission…

Amid growing energy crisis and weakening economy, Africa’s perpetual reliance on importation of refined petroleum products may create long term challenges for the continent’s energy outlook, stakeholders have said.

Heirs Holdings Oil & Gas has announced a major rebranding initiative, changing its name to Heirs Energies Limited and adopting a new logo color scheme. 

Companies under the Presidential CNG Initiative (P-CNGi) have announced plans to establish over 1,000 Compressed Natural Gas (CNG) conversion centers across Nigeria. The move aims to make CNG more affordable and accessible to Nigerians.

In the face of electricity challenges, the Federal Government is seeking to leverage the Niger Delta Power Holding Company (NDPHC) for industrial growth under the administration of President Bola Tinubu.

In a bid to further advance sustainable energy solutions and increase accessibility for communities and small-scale businesses all over the country, provider of solar technologies, BaobabPlus Nigeria, has partnered with digital microfinance...

The International Energy Agency (IEA) has announced that an investment of $600 billion must be injected yearly into the development of energy grids worldwide to prevent gridlock, as highlighted in a recent report.

The African upstream oil and gas sector is currently undergoing an $800 billion capital expenditure (capex), as reported by Wood Mackenzie. The organisation is projecting liquefied natural gas (LNG) as a significant investment theme alongside traditional deepwater oil exploration.