Shell to Sell its Onshore Subsidiary in Nigeria for $2.4bn

After nearly a century of operations, Shell has agreed to sell its Nigerian onshore oil and…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

Tinubu to Attend Energy Summit Next Month

President Bola Tinubu will join other stakeholders in Abuja to discuss the new world order for…

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…

BUA Group to Set Up 700-ton LNG Project in Nigeria

BUA Group, a food, mining, manufacturing, and industrial conglomerate in Africa, has signed an agreement with…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

Nel to Sell Stake in Green Hydrogen Firm

Norwegian hydrogen solutions company, Nel, has announced plans to sell its entire 13.56% interest in Everfuel,…

GREEN HYDROGEN: The Emerging Energy Force

Energy is a necessity for every thriving economy. In recent times, global governments have prioritised the…

AfDB Commits €101m to Electricity in Kenya

The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…