Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …
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Energy Vault, a leader in sustainable, grid-scale energy storage solutions, has announced a new licensing and royalty agreement that will expand its global footprint in the Southern African Development Community …
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Energy TransitionIn the News
Nigeria Activates $1.3 Billion Chinese-Backed Power Plant, Boosting Energy Capacity
Mainstream Energy has started operating a new 700 MW hydroelectric plant in Zungeru, Nigeria, financed with a $1.3 billion loan from China.
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Energy TransitionIn the NewsMarkets
Dangote Refinery Enhances Product Distribution with Key Partnerships
Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.
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Discover how Nigeria navigates economic diversification with a slight dip in non-oil exports, balanced by an increase in product diversity.
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OPEC’s latest report forecasts a robust increase in global oil demand for 2025, driven largely by China’s economic expansion and a rebounding world economy.
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Nigeria sets a new course in its oil industry, approving Shell’s landmark asset sale to local firms, signaling a shift towards empowering domestic players.
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Amidst global and local challenges, Nigeria intensifies efforts to ramp up oil production, eyeing a transformative impact on its energy sector.
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In a groundbreaking shift, Nigerian firms are mobilizing to acquire major oil assets, signaling a new era in the country’s oil and gas sector.
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In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.