News
Renaissance Consortium Acquisition of Shell Signals New Era for Nigeria’s Energy Sector
In a landmark $2.4 billion deal, Renaissance, a consortium of leading Nigerian energy companies, has successfully…
IEA Reports Oil Oversupply, Signals Potential Price Drop
The International Energy Agency (IEA) reports that crude supply exceeds demand by 600,000 barrels per day…
UK Homes Near Power Lines to Get £2,500 Energy Bill Discounts
UK Homes, Pembrokeshire specifically, will get electricity bill discounts of up to £2,500 over 10 years.…
U.S. Approves $4.7B to Revive Mozambique LNG Project
The U.S. has approved a $4.7 billion loan to restart TotalEnergies’ stalled Mozambique LNG project. Jihadist…
NERC Sets July 2025 Deadline for State Power Regulation
The Nigerian Electricity Regulatory Commission (NERC) has set a firm deadline for state electricity regulation. By…
UAE’s Power Expands with SEWA’s New 220kV Substation in Sharjah
The Sharjah Electricity and Water Authority (SEWA) has launched its largest 220 kV substation in the…
Power Outage Hits Cuba, Millions Left in the Dark
Millions of people in Cuba remained without electricity on Saturday after a power grid failure left…
House of Representatives Recovers ₦28.7bn from Chorus Energy, Seplat
The House of Representatives has achieved a significant breakthrough in recovering outstanding revenues, securing $19,241,109.35 (around…
Federal Polytechnics Request Solar Power Support from REA
The 36 polytechnics owned by the Federal Government have sought the intervention of the Rural Electrification…
$500M Boost for Nigeria’s Decentralised Energy Revolution
The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA),…