Oil and Gas
NNPCL’s profit up 134% to N674bn as total assets reach N16.27trn
By Innocent Obasi The Nigerian National Petroleum Company Limited (NNPCL) has reported a profit after tax of N674 billion…
REA plans to leverage mini-grids to increase access to energy
By Innocent Obasi The Rural Electrification Agency (REA) has officially launched the Africa Minigrids Programme (AMP), a new…
Norwegian company raises $74m for solar projects in Nigeria, others
By Innocent Obasi Empower New Energy, a Norwegian solar development and investment business, and a consortium managed by…
Shell acquires solar energy provider Daystar Power
BY MIKE OCHONMA Shell is increasing its investment in renewable energy in Africa. The London, UK-based oil company…
Nigeria sets measures to comply with IMO 2050 zero shipping carbon emission
By Innocent Obasi The federal government of Nigeria has implemented measures to enable the country to achieve net zero carbon emission…
IEA predicts even tighter LNG market in 2023
By Innocent Obasi The global liquefied natural gas (LNG) markets may become even tighter by next year when compared to already tight…
