KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …
featured
-
-
KEY POINTS Esso Exploration and Production Nigeria Limited has urged the Nigerian government to deliver clearer and quicker regulatory guidance as the country strives to revive oil production, attract international …
-
KEY POINTS The Muslim Rights Concern, MURIC, has publicly thrown its weight behind Dangote Refinery, warning that the $20 billion facility has become a focal point of national debate and …
-
Energy TransitionIn the News
FG Partners with Quaint Energy for 8MW Hydropower Projects in Oyo and Kogi
KEY POINTS The Federal Government has entered a concession agreement with Quaint Energy to develop two hydropower plants totalling 8 megawatts, aimed at improving electricity access in Oyo and Kogi …
-
KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …
-
KEY POINTS Residents of Omoku in Rivers State will now pay for electricity after Oando Energy Resources Nigeria Limited formally ended decades of free power supply inherited from the Nigerian …
-
Energy TransitionIn the News
Eskom’s Generation Push Aims to Ease Loadshedding and Lower Household Costs as Seema Joins G20 Energy Forum
KEY POINTS Eskom’s Group Executive for the Strategic Delivery Unit, Alfred Seema, has been confirmed as one of the speakers at the African Energy Chamber’s G20 Africa Energy Investment Forum …
-
In the NewsMarketsOil & Gas
Senate Orders NNPCL to Refund ₦210 Trillion as Nigerians Question Transparency in Oil Revenue
KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …
-
Energy TransitionIn the NewsOil & Gas
TotalEnergies Secures 10-Year Renewable Energy Deal to Power Data Centres in Spain
KEY POINTS French multinational energy company, TotalEnergies SE, has signed a 10-year contract to supply renewable electricity to Data4’s data centres in Spain. The agreement, set to begin in 2026, …
-
Energy TransitionIn the News
EEDC Begins Free Prepaid Meter Rollout in South-East to End Estimated Billing
KEY POINTS The Enugu Electricity Distribution Company, EEDC, has kicked off the second phase of its free prepaid meter rollout under the “Tranche B” of the Meter Acquisition Fund, MAF, …