2024 Oil & Gas Investment to Hit $570 Billion

Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…

Nigeria Allocates ₦21 Billion for Free Prepaid Meters

The Federal Government has approved ₦21 billion for electricity Distribution Companies (DisCos) to supply free prepaid…

EU Approves €3 Billion for German Hydrogen Infrastructure

The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…

Angola to Implement Electricity Project by a Chinese company

The Angolan Ministry of Energy and Water, headed by João Baptista Borges, has promised to implement…

Eskom Plans to Increase Electricity Tariffs in South Africa to 44% in 2025

Eskom will ask South Africa’s energy regulator for an electricity tariff increase of 36.15 per cent…

US Senate Advances Bill to Boost Nuclear Energy Deployment

On Tuesday, June 18, 2024, the US Senate achieved a significant legislative milestone by passing a…

Why Nigeria Still Struggles with Reliable Electricity in 2024

Nigeria continues to grapple with the challenge of providing reliable electricity to its citizens in 2024.…

Brookfield Targets $5 Billion UAE-Backed Climate Fund

Canadian company, Brookfield Asset Management, has stated that it is looking to raise $5 billion for…

Nigeria Can Save $7.4 Billion a Year From Ethanol – MEMAN

During its June 11 Competency Centre Series Workshop on Ethanol as a Biofuel, the Major Energies…

Higher Tariffs Slash Electricity Subsidies to N1 Trillion

Minister of Power Adebayo Adelabu announced that introducing higher tariffs in Band A has reduced electricity…