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Energy

16 Aug 2023
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 2023
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 2023
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 2023
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 2023
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 2023
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 2023
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.
2 Aug 2023
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.
26 Jul 2023
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. 
26 Jul 2023
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.
26 Jul 2023
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.
26 Jul 2023
Unless Africa prioritises energy transition and Foreign Direct Investment (FDI), achieving sustainable development on the continent may remain a mirage, stakeholders have said.

Latest

16 mins ago
The African Development Bank (AfDB), has signed a 75 million dollar loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited to increase its fertilizer production and develop a port terminal for exports.
51 mins ago
Nigerian afrobeat musician Bisade Ologunde is better known by his stage name, Lagbaja. His signature face mask denotes him as the country’s everyman—the faceless individual. Lágbájá, a Yoruba word, means a person whose name and identity are purposely concealed or an invisible person. He is somebody, anybody, and everyone. It was pretty interesting, if not…
56 mins ago
Russia will begin calling up tens of thousands of soldiers next week in a conscription drive to replenish its armed forces and build up its military reserves.
57 mins ago
The times are tough. It is therefore just appropriate that President Bola Ahmed Tinubu has shunned all forms of celebration of his 72nd birthday. He has great dreams. And a proverb says a man who wants his dream to come true does not sleep. That is a proverb Asiwaju has lived all his life and…
1 hour ago
The times are tough. It is therefore just appropriate that President Bola Ahmed Tinubu has shunned all forms of celebration of his 72nd birthday. He has great dreams. And a proverb says a man who wants his dream to come true does not sleep. That is a proverb Asiwaju has lived all his life and…
1 hour ago
King of the Ewu kingdom, Clement Ikolo, who is one of the suspects declared wanted by the Nigerian military, has been handed over to the military by the police. The spokesperson for the Delta State Police Command, Bright Edafe, confirmed this on Friday. The monarch was one of the eight persons declared wanted by the…
1 hour ago
Saudi Arabian woman Rumy Alqahtani made history as she joined the esteemed lineup of contestants in the 2024 Miss Universe Beauty Pageant. “I am honoured to participate in the Miss Universe 2024 competition. This is the debut of the Kingdom of Saudi Arabia in the competition," she said. https://www.instagram.com/p/C46cXXjsoOT/?igsh=MXhlOXgxcjZlcWFrYw== Alqahtani is a Bachelor’s degree holder…
1 hour ago
South Africa's former president Jacob Zuma survived a car accident overnight after a vehicle transporting him was hit by a drunk driver, police said on Friday
1 hour ago
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.
2 hours 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.