EU Targets €1.5tn Annually for 2050 Net-Zero Emissions

The European Union (EU) targets 1.5 trillion euros ($1.6 trillion) annually for its 2050 net-zero emissions…

JOGMEC to Support New LNG Projects in Japan

The CEO of the Japan Organization for Metals and Energy Security (JOGMEC), Ichiro Takahara, said it…

British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

Heirs Energies Increases Daily Oil Production to 40,000bpd

Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

Burkina Faso Adds 68MW Solar Power to Grid

Burkina Faso unveiled two solar power plants in Pâ and Kodéni, adding 68 MW to its…

TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas

TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…

Dangote Refinery Procures 1m Crude Oil Barrels from Shell

Dangote Petroleum Refinery and Petrochemicals plant has acquired 1 million barrels of Agbami crude grade from Shell…

Fenchurch Power Signs 150MW Deal with NDPHC, BEDC, Faiza

Fenchurch Power Nigeria has announced the signing of a 150MW off-take framework agreement with the Niger…

AfDB: Africa’s Hydropower Plant Set for Upgrades

Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…