Nigeria Accounts for 60% of $30bn Funding from Afreximbank

Nigeria, one of the primary beneficiaries of the African Export-Import Bank (Afreximbank), accounts for 60 per…

South Africa’s First LNG Import Terminal to Cost Over $372m

South Africa‘s first Liquefied Natural Gas (LNG) import terminal at Richards Bay will cost over 7…

NNPC Collaborates with US and Deloitte to Meet Net-zero Targets

The Nigerian National Petroleum Company (NNPC) Limited, on Thursday, said it was working in collaboration with…

NIES Energy Summit 2024 Announces Speakers, Tinubu to Deliver Keynote Address

THE Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre…

Temile Commissions LPG Carrier Supported by Fidelity Bank

Temile Development Company Ltd, an indigenous oil and gas player, recently commissioned a 23,000 cubic meters…

Credit Agricole to Halt New Fossil Fuel Project Financing

Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…

Shell Pledges $6bn for Bonga Oil Field Project

President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…

Australia to Map Out A$1bn for Transition to Renewable Power

Australia’s Victoria state has said it would invest an initial A$1 billion ($630 million) to help…

EU Imports 9.4bcm of LNG from Nigeria in 2022

The European Union has announced that following the boycott of Russia’s crude oil and gas by…

Deutsche Bank Set Emissions Reduction Target

Deutsche Bank has set emissions reduction targets for loans to clients in the coal mining, cement and…