Nigeria, Angola, Ghana Commit Funds to Africa Energy Bank

Nigeria, Angola, and Ghana have completed their capital contributions toward establishing the Africa Energy Bank (AEB),…

NNPC-SNEPCo Strengthens Security, Healthcare in Lagos with Vehicle Donations

In a bid to enhance security and healthcare services in Lagos State, the Nigerian National Petroleum…

Nigeria Pushes for Decentralised Solar Energy to Power Rural Communities

The Energy Commission of Nigeria (ECN) has highlighted the country’s vast potential to harness decentralised solar…

President Tinubu Restructures NNPC Leadership, Appoints New Board, CEO

In a major shake-up at Nigerian National Petroleum Company (NNPC) Limited, President Bola Ahmed Tinubu has…

Nigeria’s Oil Sector Faces Ongoing Governance Challenges Despite PIA Reforms

Despite enacting the Petroleum Industry Act (PIA) in 2021, Nigeria’s oil sector struggles with governance issues…

Angola’s Longonjo Rare Earth Project Secures $268m Financing to Boost Global Supply

Angola is poised to strengthen its position in the global rare earth metals market as Pensana,…

NNPC Ltd Set for IPO, Seeks Investment Partners

In a significant step toward financial transparency and operational efficiency, the Nigerian National Petroleum Company Limited…

Aquaterra Energy Boosts Nigeria’s Offshore Oil Production with Innovative System

To enhance oil production efficiency, offshore engineering firm Aquaterra Energy has secured a multi-million-dollar contract with…

Nigeria’s Renewable Energy Growth Stalls Amid Global Record Surge

While global renewable energy capacity saw a record surge in 2024, Nigeria’s progress remained stagnant at…

Ithaca Energy Restructures Amid Expansion, Job Losses Expected

After acquiring Eni UK assets, Ithaca Energy (ITH.L), a key player in North Sea oil and…