News

BW Energy Makes Major Oil Discovery Offshore Gabon

BW Energy has announced a significant oil discovery in the Bourdon prospect, located within the Dussafu…

Axxela Strengthens Commitment to Energy Security and Industrialisation in Lagos State

Axxela Limited has reiterated its commitment to enhancing energy security, driving industrialisation, and promoting environmental sustainability…

Insurance Sector Positioned as Key Driver in Uganda’s Energy Transition

Experts at the 2025 Energy Symposium, organised by the Insurance Consortium for Oil and Gas Uganda…

RHCC, ANDI Urge Policy Stability to Boost Housing, Energy Investments

The Renewed Hope Concern Citizens (RHCC) and the Association of Nigerian Diaspora Investors (ANDI) have urged…

Uganda Secures $190m Loan to Settle Umeme Compensation

Uganda’s parliament has approved a government request to borrow $190 million from Stanbic Bank to compensate…

PURC Urges Investors to Tap Into Tumu’s Excess Electricity for Industrial Growth

Dr Shafic Suleman, Executive Secretary of the Public Utility Regulatory Commission (PURC), urged industrialists to establish…

Third Explosion Rocks Rivers State: Tensions Soar Over Oil Facility Attacks

A week after the Trans Niger Pipeline explosion in Bodo, Gokana Local Government Area, another blast…

Nigeria Seeks Egypt’s Expertise to Strengthen Power Sector

In a bid to enhance Nigeria’s power generation, transmission, and distribution, the Federal Government has turned…

Hungary’s UBM Invests HUF 1.8bn in 4 MW Solar Power Plant

UBM, one of Hungary’s largest agricultural groups, has built a 4-megawatt solar power plant in Nyírmeggyes,…

Google Signs 35MW Wind PPA with Exus Renewables in Spain

Google has signed a 10-year Power Purchase Agreement (PPA) with Exus Renewables to supply wind power…