Energy

Nigeria lost N891bn to gas flaring in 18 months. This was disclosed in the latest data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill …

Zenon Petroleum and Gas Limited has filed a winding-up suit against Prudent Energy and Services Limited, the parent company of Ardova Plc, over $6 million debt. AbdulWasiu Sowami, chief executive …

Beacon Power Services (BPS), a Nigerian energy-tech company, has announced closing a $2.7 million seed round funding led by Seedstars Africa Ventures. The founder and CEO, Bimbola Adisa, in a …

Shell Petroleum Development Company (SPDC) has the shutdown its floating, production, storage and offloading (FPSO) vessel, located off the Bayelsa coastline due to water leakage. The FPSO is a floating vessel used …

The Organization of Petroleum Exporting Countries, OPEC and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022, from 1.826 mb/d in August …

Traders can heave a sigh of relief after the Kenya Revenue Authority extended the compliance deadline to switch the new Electronic Tax Registers(ETRs) to September 30. KRA had initially set …

The Shell Petroleum Development Company (SPDC) says it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. Igo Weli, SPDC’s general manager, external relations, made …

Sasol, South Africa’s biggest fuel producer, restarted the Natref refinery it owns with TotalEnergies after delayed oil deliveries last month resulted in a shutdown. The disruption caused Sasol to declare …

Potential car buyers in South Africa are increasingly interested in buying second-hand electric vehicles (EVs) according to Data from South African vehicle classifieds website AutoTrader . That is despite the …

Seplat Energy, Nigeria’s leading energy supplier has commenced the commercial injection of crude oil through the new Amukpe-Escravos Pipeline located in Niger Delta. The company previously depended on the Trans …