The Nigerian Federal Government and Welbeck Electricity are negotiating to provide reliable power to free trade…
Search Results for: energy sector
Nigeria’s Discos Generate N3.95 Trillion in Five Years
Recent data from the National Bureau of Statistics (NBS) and the Nigerian Electricity Regulatory Commission (NERC)…
Eskom Marks 150 Days Without Load-Shedding in South Africa
Eskom Holdings SOC Ltd. announced that South Africa has gone 150 days without planned power outages.…
Morrow Commissions 1GWh LFP Battery Factory in Norway
Morrow Batteries ASA, an industrial battery technology company, has formally commissioned a new factory for lithium…
Afreximbank Arranges $650m Financing for Acquisition of NAOC Stake
African Export-Import Bank (Afreximbank) has announced that it successfully arranged a senior $500-million and a junior…
Eni Sells Nigerian Assets, Boosts Mozambique LNG
Italian energy giant Eni has sold its Nigerian onshore oil and gas assets. The company transferred…
Minister Urges Shift from Costly Captive Power to Reliable Grid Connection
Minister of Power, Chief Adebayo Adelabu, highlighted the importance of grid connectivity over captive power plants…
Oando Completes a $783 Million Acquisition of NAOC
Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…
Florida’s Power System Remains Most Fossil-Fuel Dependent in US.
Florida is notable for having the dirtiest central power system in the US, remaining highly dependent…
Nigeria Adds 2GW to Power Grid in 40 Years
At a recent appearance on Television Continental (TVC), Nigeria’s Minister of Power, Chief Adebayo Adelabu, it…