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…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

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)…

Italy to Invest in Africa –Eni

Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…

SON Says Nigeria to Save N500bn by Implementing Energy Standards

The Standards Organisation of Nigeria (SON) says Nigeria will save an estimated N500 billion by implementing…

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…

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…

COP28: Countries Agree to Reduce Fossil Fuel Dependency

At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…

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,…

Shell Pledges $6bn for Bonga Oil Field Project

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