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…
In the News
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In a world striving to balance escalating energy demands with the urgent need to reduce greenhouse gas emissions, a surprising development has emerged. ExxonMobil and Chevron, two of the largest…
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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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Reconnaissance Energy Africa (ReconAfrica) has recently made a strategic move to streamline its operational focus and financial position by divesting its Mexico operations. The company has entered into a definitive…
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The MSGBC Basin is becoming a new powerhouse in the global energy sector, with Senegal and Mauritania poised for their first gas production in 2024. They aim to boost local…
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Energy TransitionIn the News
South Africa’s Power Crisis: Turkish Company Gets Green Light for Floating Power Plants
South Africa, plagued by chronic power outages for years, may soon get some relief from an unlikely source: floating power plants. A Turkish company called Karpowership has won environmental authorization…
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In a significant move to spur national development, the Islamic Development Bank (IsDB) has intensified its support for Mauritania, targeting critical sectors including energy, infrastructure, education, and agriculture. Dr. Muhammad…
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Jos Electricity Distribution Plc (JED) confronts an alarming rise in vandalism, reporting daily attacks on 50 transformers within its operational territories. Friday Akpopi, the head of JED’s customer care, highlighted…
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Nigeria has taken a major step towards achieving its clean energy goals by launching the first liquefied compressed natural gas (L-CNG) station in the country. The L-CNG station, located in…
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In a decisive move against persistent load shedding, the Western Cape government unveiled an innovative electricity wheeling toolkit on Tuesday, aiming to bolster energy independence from Eskom for local municipalities.…