Energy

Ghana’s indigenous refinery seeks govt guarantee for loans to purchase crude oil

Ghana's state-owned oil refinery is seeking credit guarantees from the government after lenders declined to issue it loans for crude…

Electric vehicle battery growth supports cobalt, lithium demand

Wider hybrid and electric vehicle (EV) adoption should support demand for cobalt and lithium, Fitch Ratings and CRU, a privately…

Oil operators in Permian basin record lowest oil break-even price at $22 per barrel

Best performing wells in Permian have recorded break-even price at as low as US$22 per barrel, says GlobalData, a leading…

IBEDC describes suspension of its board as “unwarranted and injudicious”

Ibadan electricity distribution company (IBEDC) on Thursday said that the suspension of its board by Nigerian electricity regulatory commission (NERC)…

Nigeria’s electricity regulator, NERC, suspends management of Ibadan-based regional power distributor, IBEDC’s

Nigeria's electricity regulatory agency, NERC has suspended the entire management of Ibadan Electricity Distribution Company (IBEDC) because it failed to…

Samsung to go 100% clean by 2020 as it changes energy sources to renewables

Samsung Electronics said on Thursday that its energy sources would be 100 percent clean by 2020 as it plans on…