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In the News

  • In the News

    Rwanda Has Cut 1.5 Million Tonnes of Carbon Emissions but a $6.2 Billion Gap Remains

    by Ikeoluwa Juliana Ogungbangbe June 8, 2026
    by Ikeoluwa Juliana Ogungbangbe June 8, 2026

    Rwanda has eliminated 1.5 million tonnes of carbon emissions and reached 36 percent of its 2030 climate target, but a $6.2 billion funding gap looms large.

  • In the News

    Nigeria’s Oil Regulator Is Merging Rules With the Nuclear Agency to Cut Costs for Operators

    by Ikeoluwa Juliana Ogungbangbe June 8, 2026
    by Ikeoluwa Juliana Ogungbangbe June 8, 2026

    Nigeria’s upstream oil regulator and nuclear authority are merging their regulatory frameworks to cut compliance costs and strengthen radiological safety across the sector.

  • In the News

    Tony Elumelu’s Heirs Energies Wins $750 Million Deal of the Year Award in London

    by Ikeoluwa Juliana Ogungbangbe June 8, 2026
    by Ikeoluwa Juliana Ogungbangbe June 8, 2026

    Tony Elumelu’s Heirs Energies has won a global finance award in London for the $750 million deal that transformed Nigeria’s OML 17 oil block.

  • Energy TransitionIn the News

    FG Launches $100m Mini-Grid Project to Boost Electricity in Kogi

    by Oluwatosin Racheal Alabi June 8, 2026
    by Oluwatosin Racheal Alabi June 8, 2026

    KEY POINTS The Federal Government, in collaboration with the World Bank and the Rural Electrification Agency (REA), has launched a nearly $100 million mini-grid energy initiative aimed at improving electricity …

  • In the News

    Households Groan as Cooking Gas Price Hits ₦2,400 per Kg

    by Oluwatosin Racheal Alabi June 8, 2026
    by Oluwatosin Racheal Alabi June 8, 2026

    KEY POINTS Nigerians across major cities are struggling with a sharp increase in the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, which now sells for as …

  • In the NewsOil & Gas

    Chevron Nigeria Reaffirms Commitment to Environmental Stewardship on World Environment Day 2026

    by Oluwatosin Racheal Alabi June 8, 2026
    by Oluwatosin Racheal Alabi June 8, 2026

    KEY POINTS Chevron Nigeria and Mid-Africa Region marked World Environment Day 2026 by reaffirming its commitment to environmental stewardship under the global theme “A Global Call for Climate Action.” The …

  • In the NewsMarketsOil & Gas

    Eskom Advances Load Reduction Elimination as Smart Meter Rollout Expands

    by Oluwatosin Racheal Alabi June 8, 2026
    by Oluwatosin Racheal Alabi June 8, 2026

    KEY POINTS Eskom has reported major progress in its nationwide programme aimed at eliminating load reduction by 2027, with more than 700,000 households already removed from the system. According to …

  • In the NewsMarketsOil & Gas

    NUPRC Reaffirms Zero Gas Flaring Goal by 2030

    by Oluwatosin Racheal Alabi June 7, 2026
    by Oluwatosin Racheal Alabi June 7, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to ending routine gas flaring by 2030 and reducing methane emissions by 60 per cent by 2035 …

  • Energy TransitionIn the News

    Dangote’s Second Refinery Unit Set to Transform Africa’s Fuel Market

    by Oluwatosin Racheal Alabi June 7, 2026
    by Oluwatosin Racheal Alabi June 7, 2026

    KEY POINTS The African Energy Chamber (AEC) has welcomed the commencement of construction on a second crude processing unit at the Dangote Petroleum Refinery, describing the project as a major …

  • In the News

    Nigeria’s Oil Regulator Tells Banks to Step Up and Fund the Gas Sector

    by Ikeoluwa Juliana Ogungbangbe June 6, 2026
    by Ikeoluwa Juliana Ogungbangbe June 6, 2026

    Nigeria’s upstream oil regulator has called on banks to take a more active role in funding gas development and unlocking upstream investment opportunities.

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