ENERGY

President Bola Tinubu has approved the Renewed Hope Infrastructure Development Fund to facilitate effective infrastructure development across the pivotal areas of agriculture, transportation, ports, aviation, energy, healthcare, and…

Energy experts have projected a N1.9 trillion spending plan for Nigeria to successfully implement a Net Zero Emissions plan under her Energy Transition Plan (ETP). Speaking at the 85th Power Dialogue by The Electricity Hub (TEH) with the…

Energy markets are being rocked by an unprecedented double-whammy. Since Russia’s invasion of Ukraine last year, Europe has cut energy imports from Russia, the world’s second-largest producer of natural gas and third-largest oil producer.…

Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration Fund that will invest in energy, transportation, telecommunication and water projects. The platform started…

In the months after Russia’s invasion of Ukraine any hint of bad news sent energy prices into the stratosphere. When a fire forced an American gas plant to close, strikes clogged French oil terminals, Russia demanded Europe pay for fuel in…

According to the Federal Government, Nigeria needs $410 billion to achieve its energy transition plan by 2060. At the 7th Meeting of the National Council on Hydrocarbons in Minna, Minister of State for Petroleum Resources Timipre Sylva…

Having been found guilty of seven bribery offences in relation to its oil operations in Africa, Glencore Energy, a British subsidiary of mining and trading group, has, on Thursday, been ordered to pay a total penalty of 276.4…

Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. Japan’s benchmark Nikkei 225 edged up 0.2% in morning trading to 23,776.09. Australia’s…

The Nigerian National Petroleum Corporation (NNPC) is targeting about $1 billion from crude- for- product swap deals in 2019. NNPC’s Chief Operating Officer for Upstream, Mr. Bello Rabiu, stated this on the sidelines of an African oil…