Nigerian Petroleum Ministry Adopts AI in Oil and Gas Sector

The Ministry of Petroleum Resources has revealed that it is adopting Artificial Intelligence (AI) in exploration…

Doral Renewables Lands $400M Investment from APG

Philadelphia-based Doral Renewables LLC attracted a $400 million (EUR 372.8 million) equity investment from APG, representing…

ExxonMobil and Air Liquide Join Forces for Low-Carbon Hydrogen in Texas

On June 24, ExxonMobil and Air Liquide announced a significant collaboration to advance the production of…

Why Do Nigerians Experience Better Power Supply from April to October Each Year?

Like clockwork, Nigerians enjoy an improved power supply every year between April and October. This discernible…

EU Approves €3 Billion for German Hydrogen Infrastructure

The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

NNPCL to Invest $550 Million in Gas Processing Facility in Rivers State – source

Nigerian National Petroleum Company Limited (NNPCL) has revealed plans to invest $550 million in a new…

BII Commits $15m to Tanzania’s Wind and Hydropower Projects

British International Investment (BII) has committed $15 million (EUR 13.9 million) to fund Rift Valley Energy’s…

Gibson Energy Inc Invests in Carbon Capture System at Alberta Project

Calgary-based Gibson Energy Inc, a publicly traded company that operates crude oil pipelines and storage terminals…

Actis Launches Orygen, Leading Peru’s Renewable Energy Charge

Actis, a prominent private equity firm specialising in energy investments, has made significant strides in Peru’s…