Portugal Approves Windfall Tax on Energy Firms

On Tuesday, Portugal’s parliament approved a 33% tax on the windfall profits that energy companies and…

China Boosts Energy Partnership with Russia

 China is ready to work for a closer partnership with Russia in the energy sector. China…

“Just Energy Transition Must Be In Deed”- Olu of Warri

Energy transition closes the energy poverty gap leaving no one behind the transition from fossil fuels…

IFC Commits €16m to Zener for its Clean Cooking Solutions

IFC, the private sector financing arm of the World Bank Group, lends €16.2 million to Zener…

FG Quietly Removes Electricity Subsidy, Petrol in Phases

Minister of Finance stated that FG plans to remove subsidies on petrol in phases. FG has…

Tanzania Beckons on India for Energy Sector Improvements

Tanzania’s energy minister has requested the support of the government of India for sector development. January…

NIGERIA: NNPC, Afrexim Bank Sign $1.04 Billion Deal

NNPC clinches oil exploration deal with Afrexim Bank Afrexim Bank to provide $1.4 billion in funding…

TANZANIA: EACOP Faces Resistance as Groups Call for Halt to Project

EACOP is the largest heated crude oil pipeline in the world The project is financed by…

ALGERIA: Algeria to Cut Electricity Subsidies in 2022

Algeria set to cut electricity subsidies Government to strengthen the economy through subsidy cuts In a…

NIGERIA: PMS Prices Expected to Hit ₦320/Litre as FG Moves to Remove Subsidy

PMS prices expected to reach ₦320/ltr as FG moves to remove fuel subsidies Stakeholders expect a…