U.S Proposes Methane Emissions Fee for Oil and Gas Giants

The U.S. has proposed a methane emissions fee on major oil and gas producers following the…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

Avaada Group Signs MoU with Gujarat for 6GW Hybrid Projects

Avaada Group, a leading integrated energy platform in India, has entered into a Memorandum of Understanding…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

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…

ATIDI to Support 20MW Solar Project in Uganda

African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…

Petrobras Shifts Focus to Local Greenfield Projects

Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

Nigeria, Saudi Arabia to Develop Solid Minerals Sector

Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…