The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Search Results for: energy stability
MAN Projects 3.2% Growth, Electricity Act Execution in 2024
The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…
Adelabu Advocates for Gas Pricing in Naira
The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
France, EDF Agrees on Nuclear Power Prices
The French government and utility EDF have negotiated future nuclear power prices. According to the French…
Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts
Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…
US-owned Marelli to Close Italian Power Plant
US-owned business Marelli has announced plans to close a power plant in the Emilia Romagna region.…
Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
Africa’s Battery Storage Low Compared to Global Estimates
The African Continental Power Systems Masterplan (CMP) study into Battery Energy Storage Systems (BESS) has shown…
FG to Generate 20,000MW of Electricity in Three Years
Minister of Power, Adebayo Adelabu, has pledged on behalf of the federal government to generate 20,000MW…