A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…
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Eskom Withdraws Grid Access for Karpowership
Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, has withdrawn transmission capacity (grid access) reservations…
NUPRC to Implement PIA, Increase Crude Oil Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…
South Africa Opens Bids for 5GW Renewable Power Generation
South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…
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…
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…
COP28: Countries Agree to Reduce Fossil Fuel Dependency
At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…
Shell Pledges $6bn for Bonga Oil Field Project
President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…
GREEN HYDROGEN: The Emerging Energy Force
Energy is a necessity for every thriving economy. In recent times, global governments have prioritised the…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…