Orange and Koolboks partner to bring sustainable solar refrigeration to SMEs across Africa, enhancing growth and energy access.
Energy Transition
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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 …
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Oil prices dropped on Tuesday as investors weighed the uncertain outlook for global oil demand and the Fed’s stance on inflation. The decline came despite the announcement by Saudi Arabia …
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Energy Transition
Nigeria’s $5 Billion LNG Project Nears Completion Despite Gas Supply Challenges.
Nigeria Liquefied Natural Gas (NLNG) Limited has announced that its Train-7 project, a major expansion of its gas liquefaction plant, has reached 52% completion. The project, expected to boost Nigeria’s …
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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 …
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Nigeria faces a major challenge of providing reliable and sustainable electricity to its growing population of over 200 million. According to the World Bank, only about 60% of Nigerians have …
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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 …
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BP, one of the world’s leading oil giants, has reported a significant surge in profits against the backdrop of soaring oil and gas prices, fueled by a global economic resurgence. …
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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 …
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Energy TransitionIn the News
Federal Government Advances Clean Energy with Focus on Electric Vehicles and Renewables
In a response to global calls for energy transition, the Nigerian federal government announced intentions to tap into cleaner energy. They aim to develop and expand industries like renewable energy, …