ENERGY

Crude oil refiners in Nigeria have raised alarm over their inability to access crude oil locally, blaming the situation on oil producers’ preference to sell crude to international traders in …

A new report from the Africa Finance Corporation (AFC) has revealed that off-grid and self-generated electricity in Lagos State has now surpassed the entire power output of Nigeria’s national grid. …

Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …

In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …

In a bid to enhance the technical skills of installers and technicians across Nigeria, Metal Manufacturing Nigeria Limited (MMNL) owned StarPlus, the nation’s largest producer of tubular batteries, recently organized …

Nigeria’s biggest quoted oil and gas company Seplat Energy Thursday posted a net profit of N34 billion ($618.6 million) for the year to September, 144 per cent stronger than the …

South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …

The Rural Electrification Agency (REA) has officially launched the Africa Mini-grids Programme(AMP) as part of efforts to expand energy access across Nigeria. AMP, a four-year project funded by the Global …

Energy giant Shell Plc has acquired Nigeria-based hybrid solar power solutions provider Daystar Power, in its first acquisition of a power firm in Africa.  Founded in 2017, Daystar Power is …

Karpowership, the Turkish company seeking to supply 1 220 megawatts of power to South Africa, will refile an application to the environment department in a bid to move its project …