Africa50 Pledges $100m for Renewable Energy Projects in Africa

Africa50, a pan-African infrastructure investor and asset management group, has pledged to commit $100 million to…

OPEC Urges NNPC: Boost Oil for $14 Trillion Investment

The Organisation of the Petroleum Exporting Countries (OPEC) advises Nigerian National Petroleum Company Limited (NNPCL) to…

OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

OPEC Critises IEA for Unfair Climate Crisis Blames

OPEC’s Secretary General, Haitham Al Ghais, has criticised the International Energy Agency (IEA) for unfairly blaming…

OPEC Criticises Call to Halt New Oil Project Investments

The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…

FPSO Explosion Unlikely to Affect Nigeria’s Oil Output

Possibilities of Nigeria not meeting the production output quota. 1.718 million barrels allocated daily to Nigeria…

$40bn Investments Needed for ‘Nigeria’s Decade of Gas’ – NNPC

The NNNPC says that that the country’s oil and gas industry will need at least $40…