Energy

The Renewable Energy and Energy Efficiency Association-Alliance (REEEA-A) has asked Nigeria to prioritise energy security, renewable and energy efficiency amidst global challenges. The President of REEEA-A, Prof. Magnus Onuoha, while speaking at a one-day workshop in Abuja, said Nigeria’s renewable resources could also address the employment challenges in the country, especially for entrepreneurs. Onuoha said…

The Economic Community of West African States (ECOWAS), on Monday, said a consortium of firms has been engaged to provide technical and financial assistance to companies in the off-grid solar photovoltaics (PV) as it seeks to implement the Regional Off-Grid Electricity Access Project (ROGEAP). Financed by the World Bank, the Clean Technology Fund (CTF) and…

The International Energy Agency (IEA) said oil companies in Nigeria and others across the world could address methane emissions if a fraction of their profits is committed to fighting the environmental pollution. According to a new report by IEA, an investment of $75 billion, which is just a fraction of the oil and natural gas…

African countries must take deliberate steps to attract foreign direct investments (FDI) to harness their vast gas resources given the huge amount of capital required, Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni, has said. Such steps, she said recently in Lagos at the 2023 edition of the annual conference…

Despite boasting of gas deposits of over 209 trillion standard cubic feet, Nigeria is among five countries in Africa with almost half a billion people without clean cooking access.

Stakeholders at the Nigeria Association for Energy Economics (NAEE) said funding for the exploration of hydrocarbon deposits across Africa should come from the continent instead of looking up to Europe and America for help.

PwC Nigeria, has predicted that fuel subsidy removal in Nigeria may lead to significant growth and transformative opportunity in the downstream segment of the oil and gas industry.

Mubadala Energy, the Abu Dhabi-based international energy company, and the Abu Dhabi Future Energy Company (Masdar) are in partnership to address decarbonisation and accelerate the energy transition. 

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has introduced four fresh regulations aimed at tackling environmental concerns in the midstream and downstream segments of the nation’s petroleum industry.

To fully exploit its gas potential, Nigeria would need to inject between $15 billion and $20 billion in infrastructure. The Deputy Group Chief Executive of Oando Plc, Omamofe Boyo, disclosed this at the just-concluded NOG Energy Week in Abuja.

Unless Africa prioritises energy transition and Foreign Direct Investment (FDI), achieving sustainable development on the continent may remain a mirage, stakeholders have said.

Mr Kelvin Uwaibi, the Managing Director of the Edo State Investment Promotion Office (ESIPO), emphasized the state's dedication to supporting Micro, Small, and Medium Enterprises (MSMEs) during an interactive session with participants of the Senior Executive Course (SEC) 45, Group Seven, from the Nigerian Institute for Policy and Strategic Studies (NIPSS). Energy security and climate…