Energy
23 Aug
Despite the push from fossil fuel due to net-zero concerns, Organisation of Petroleum Exporting Countries (OPEC) has said demand for the products would continue to power the transportation sector.
23 Aug
In a move to advance good governance of the extractive sector in Nigeria, Civil Society Organisations (CSOs), which are committed to transparency and accountability in the oil, gas and mining sectors, have resolved to close ranks and forge a common front, Extractive Industries Transparency Initiative (NEITI) has said.
16 Aug
Eko Electricity Distribution Company (EKEDC) has announced its ambition to achieve 100 per cent metering of its customers to improve electricity supply in its network.
16 Aug
The Federal Government earned about $907 million as taxes and royalties from the operations of Shell Nigeria Exploration and Production Company (SNEPCo) in 2022.
16 Aug
The International Renewable Energy Agency (IRENA) said smart electrification could unlock flexibility and enable the integration of renewable energy into the global power grid.
16 Aug
The International Energy Agency (IEA) has left its global oil demand growth forecast for this year broadly unchanged, citing strong summer air travel, increased oil use for power generation and higher Chinese petrochemical activity.
9 Aug
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…
9 Aug
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…
9 Aug
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…
9 Aug
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…
2 Aug
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.
2 Aug
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.