World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…

Credit Agricole to Halt New Fossil Fuel Project Financing

Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…

PENGASSAN Urges FG to Unbundle Electricity Grid

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…

Adelabu Advocates for Gas Pricing in Naira

The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

Nel to Sell Stake in Green Hydrogen Firm

Norwegian hydrogen solutions company, Nel, has announced plans to sell its entire 13.56% interest in Everfuel,…

Shell Pledges $6bn for Bonga Oil Field Project

President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…

Invictus Energy Discovers Gas in Zimbabwe

Australia’s Invictus Energy has confirmed a gas discovery at its exploration site in the Cabora Bassa…

All On, GEAPP Pledges $15m for Renewable Technology

During COP28, All On and the Global Energy Alliance for People and Planet pledged an additional…

Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund

During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…