The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
Search Results for: oil & Gas
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…
Tinubu to Attend Energy Summit Next Month
President Bola Tinubu will join other stakeholders in Abuja to discuss the new world order for…
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…
Equinor Sells Stake in Nigeria to Chappal Energies
Equinor, a multinational energy company in Norway, has sold its Nigerian business to Chappal Energies as…
UAE’s Energy Company Capex Rose by 34% in Q3 2023
Abu Dhabi National Energy Company (TAQA) said on Monday that its capital expenditure (capex) increased 34…
FG, Denmark Collaborate for Green Energy Transition
The Federal Government and the Kingdom of Denmark have agreed to collaborate on ensuring Nigeria’s green…
Climate Change Costs Nigeria $100bn Annually –Report
A new report has disclosed that as of 2020, Nigeria lost at least $100 billion annually…
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…