Nigeria’s electricity capacity has dipped by 37 percent over the past seven years, despite a N3 trillion federal investment, reports the Nigerian Electricity Regulatory Commission (NERC). The agency’s “2022 Market …
Minister of State for Petroleum Resources Heineken Lokpobiri revealed ambitious plans to elevate Nigeria’s crude oil production to at least two million barrels daily by the end of 2023. During …
Masters Energy Oil and Gas Limited forges ahead with a bold $500 million investment in Nigeria’s gas infrastructure, highlighting a robust plan to enhance storage and distribution capacities across the …
In a significant move towards enhancing Angola’s energy sector sustainability, Chevron’s subsidiary, Cabinda Gulf Oil Company Limited (CABGOC), has forged a partnership with the nation, underpinning a commitment to identify …
The NNPC will supply the Dangote refinery with six million barrels of crude in December. This move is for test runs, sources say. The NUPRC has pressed for adherence to …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has actively engaged crude oil producers to ensure steady feedstock for local refineries, including the soon-to-launch Dangote refinery. NUPRC’s Chief Executive, Mr. Gbenga …
Angola is embarking on an ambitious journey to reshape its economic landscape, welcoming foreign investment and stimulating oil and gas production while also nurturing pan-African trade and growth. To attract …
The Federal Government called for additional time to address the country’s ongoing electricity issues as 17 generation and distribution licenses stand for either renewal or revocation tomorrow. This mirrors past …
The Senate’s recent move to reclaim the alleged N11.3 trillion spent on Turn Around Maintenance (TAM) for the nation’s defunct refineries has drawn skepticism from civil society organizations, oil and …
Amid the growing momentum in the sustainable finance sector, Standard Bank plays a pivotal role in pioneering green initiatives, from renewable energy funding to impactful social development projects in Africa. …
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