Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
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Dangote Refinery Plans to Export First Fuel Cargo
Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from…
Plus Power Secures $98 Million Financing for Texas Battery Project
Plus Power LLC, based in Houston, secures $98 million (EUR 91 million) tax equity financing for…
Australia to Join Global Clean Energy Subsidy Race – AFR Reports
The Australian Financial Review reported that Australia plans to unveil a range of financial incentives to…
TotalEnergies Achieves Upstream Zero Routine Flaring in Nigeria
TotalEnergies has announced that it has achieved zero routine flaring in all its upstream operations in…
Global LNG Demand to Rise Above 50% by 2040 – Shell
Shell, a British energy group, forecasted that world demand for liquefied natural gas (LNG) would jump…
Nigeria to Clear $2.16b Debt, Fix Gas Shortages— Power Minister
Nigeria’s power minister, Adebayo Adelabu, has said that Nigeria plans to fix its chronic power woes…
Shell May Drop 1.5 GW Norway Offshore Wind Bid
Norway’s country manager for Shell, Marianne Olsnes said that Shell may yet pull out of an ongoing…
South Africa’s First LNG Import Terminal to Cost Over $372m
South Africa‘s first Liquefied Natural Gas (LNG) import terminal at Richards Bay will cost over 7…
Nigeria Can Produce 2.2mbpd of Oil – NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…