Nigeria Unveils ₦50bn Green Bond to Power Climate Action

Nigeria is taking a bold step toward addressing climate change with the planned issuance of a…

Shell, Chevron Back Nigeria’s Deepwater Ambitions

The federal government is increasing its efforts to attract significant investments into Nigeria’s deepwater oil and…

Axxela to Tackle Gas Flaring with Gas Plant in Delta State

Axxela Group is intensifying efforts to address Nigeria’s long-standing gas flaring crisis by building a new…

EU, Germany Launch Energy Efficiency Drive in Kano

The European Union (EU), in collaboration with the German Federal Ministry for Economic Cooperation and Development…

$12B Annual Investment Key to Tinubu’s Oil & Gas Vision for Nigeria

A new industry report by global energy consultancy Wood Mackenzie has revealed that Nigeria must attract…

Africa Faces 2.5 Gigatonne Emissions Threat from Carbon Markets

A new report by Power Shift Africa, a climate think tank, warns that carbon market schemes…

Malaysia Commits Over $10bn to National Grid Upgrade

Malaysian Prime Minister Anwar Ibrahim announced on Monday, June 16, that state utility Tenaga Nasional will…

Nigeria’s Crude Prices Surge Above $77 Amid Middle East Tensions

Nigeria’s major crude oil grades, Bonny Light, Brass River, and Qua Iboe, rose above $77 per…

Jos DisCo Blames Irregular Supply on Feeder Band System

The Jos Electricity Distribution Company (JEDC) has identified the national electricity feeder band classification system as…

NUPRC to Enforce ‘Drill or Drop’ Policy to Revive Oil Sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its readiness to enforce the ‘drill or…