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11 Oct
Shell companies in Nigeria have awarded contracts amounting to $1.9 billion to registered Nigerian contractors within a year. According to a 2023 Shell Briefing Note obtained by The Guardian, the oil multinational also paid $1.36 billion...
10 Oct
With the completion of the construction and equipping of the West African Power Pool (WAPP) Information and Coordination Centre (ICC), the organisation is finalising arrangements to commence day-ahead electricity trading in the regional market. In a statement made available by General Manager, Public Affairs, Transmission Company of Nigeria (TCN), Ndidi Mbah, the firm said the…
4 Oct
Industry stakeholders have expressed worry about over-reliance on the importation of solar panels in Nigeria, insisting that manufacturing the components locally remains more sustainable. International Renewable Energy Agency Following the consistent naira depreciation, the average cost of installing solar systems in the country reportedly rose by 120 per cent to N550,000 in 2023, from N250,000…
4 Oct
A move by Nigerian Navy Holdings, through its subsidiary, Admiralty Exchange Limited in partnership with AYM Shafa Holdings, promises to curb the gas explosion in Nigeria and enhance domestic utilisation of the commodity. The development will also reduce the supply gap in the country as the government seeks to boost LPG supply to three million…
4 Oct
While Africa is yet to find its path in the geopolitical landscape of renewable energy, China dominates the sector as jobs in the industry reached 13.7 million in 2022. The International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO) in the latest edition of ‘Renewable Energy and Jobs: Annual Review 2023’, released on…
4 Oct
.Local crude output soars by 110,000bpd Nigeria has increased its crude oil output by about 110, 000 barrels per day, stabilising the global oil market and pushing the Organisation of Petroleum Exporting Countries (OPEC) output to 27.73 million barrels per day (bpd) in September. Nigeria and Iran in September, provided additional 120,000 barrels per day…
27 Sep 2023
I would like to commend the President for creating the Ministry of Marine and Blue Economy. Previously, we had the Ministry of Transportation, which included aviation and marine, creating a cumbersome structure.
20 Sep 2023
Nigeria, Africa’s economic powerhouse, stands on the cusp of a transformative and industrial revolution. With a population surpassing 200 million and a rapidly expanding economy, the quest for sustainable and efficient energy sources has reached a paramount significance. In this article, KINGSLEY JEREMIAH delves into how natural gas assumes a central role in propelling economic…
20 Sep 2023
Under the auspices of UAE President HH Sheikh Mohammed bin Zayed Al Nahyan, a staunch advocate of sustainability, Abu Dhabi Sustainability Week (ADSW) is set to host the forthcoming edition of ADSW at the 2023 United Nations Climate Change Conference (COP28).
20 Sep 2023
African Refiners and Distributors Association (ARDA) will focus on the need for sustainable petroleum refining in Africa at the 24th World Petroleum Congress (WPC) in Calgary.
18 Sep 2023
Dr Diran Fawibe is the Chairman and Chief Executive Officer of International Energy Services Limited (IESL).
18 Sep 2023
Stakeholders have said fresh investments are key to addressing challenges facing the power sector.

Latest

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A war monitor said Israeli air strikes Friday on Syria's north killed 36 soldiers and six Hezbollah fighters, the latest deadly raid on Iran-backed forces in the country since the Israel-Hamas war began.
41 mins ago
Clement Oghenerukevwe Ikolo, one of the eight suspects declared wanted by the Defence Headquarters (DHQ) in connection with the murder of 17 army personnel at Okuama in Delta, has surrendered to the police.
1 hour ago
The Federal Road Safety Corps (FRSC), Delta State Command, has deployed 570 personnel on Delta highways, to ensure road safety and quality travel time during Easter.
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Russia fired dozens of drones and missiles at Ukraine's energy infrastructure overnight, wounding at least six people and cutting off power in several regions, officials said on Friday.
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The African Union on Friday congratulated anti-establishment opposition candidate Bassirou Diomaye Faye on his victory in Senegal's presidential election and hailed the "unanimous acceptance of the results".
2 hours ago
The Adamawa Police Comnand says the restriction on motorcycle movement in some parts of Yola North and South local government areas still subsists and violators will be sanctioned.
2 hours ago
The West African Examinations Council (WAEC) on Thursday tendered, before the governorship election petition tribunal sitting in Abuja, certified true copies (CTCs) of the statement of result and certificate belonging to Imo State Governor, Hope Uzodimma. The council took action in response to a subpoena issued on it by the tribunal to produce and tender…
2 hours ago
Indonesian president-elect Prabowo Subianto will visit China next week, Beijing's foreign ministry announced Friday, his first visit to a key Jakarta trade partner since his election.
2 hours ago
Former President Muhammadu Buhari has extended birthday greetings and goodwill to President Bola Tinubu, wishing him good health and long life for the country to benefit from his “excellent leadership” on his 72nd birthday. Buhari commended the President for making “sustained efforts to overcome the many problems of the country” while wishing him many happy…
2 hours ago
Spotify, a global streaming platform, says Nigeria’s Podcast listenership and gospel music streams have increased from 2022 to 2024 by 482 per cent and 1228 per cent respectively. Phiona Okumu, Spotify’s Head of Music, Sub-Saharan Africa, who disclosed this in a statement on Friday, said this was in celebration of Easter. Okumu said “the growth…