Afreximb Introduces 5-Year Investment Plan to Enhance Energy Transition in Africa
By Moses Patience Chat
The African Export-Import Bank (Afreximb) has introduced a five-year strategic plan, spanning through 2022 to 2026 in order to enhance energy transition in Africa by catalyzing investments into infrastructure
!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
ARDA Calls for Reopening of Refineries to Meet Energy Transition Demands in Africa
By Adaobi Rhema Oguejiofor
The African Refiners and Distributors Association (ARDA) has asked Africa to prioritize its energy security as a short-term goal, despite the push for energy transition.
At its event which is ongoing in!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
NNPCL Urges Global Cooperation for Energy Investments in Africa
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Limited has said that energy transition is a gateway to energy security. It also called for global cooperation for the purpose of energy investments in!-->!-->!-->!-->!-->…
Read More...
Read More...
Fuel Price Hike, Scarcity Imminent Over Poor – IPMAN
By Moses Patience Chat
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said there has been lopsidedness in the distribution pattern of Premium Motor Spirit ( PMS), also known as petrol, stressing that!-->!-->!-->!-->!-->…
Read More...
Read More...
Africa’s Electricity Demand to Rise by 4.1% in 2025 – IEA
By Moses Patience Chat
The International Energy Agency (IEA) has projected a rise in Africa's electricity demand by 4.1 per cent in the next two years.
This was revealed in the latest electricity market report by the Agency,!-->!-->!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
Nigeria is Still Africa’s Top Crude Oil Producer – OPEC
By Adaobi Rhema Oguejiofor
The Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria, after its 1.3 million barrels per day crude oil production in February, is still Africa's top crude oil producer, surpassing!-->!-->!-->!-->!-->…
Read More...
Read More...
Africa Needs Free Markets, Private Sector Participation To Develop Downstream Markets – Ayuk
NJ Ayuk
By Moses Patience Chat
The Executive Chairman of African Energy Chamber (AEC), NJ Ayuk, has said that Africa as a continent needs free markets and participation of private the sector in order to experience significant!-->!-->!-->!-->!-->…
Read More...
Read More...
NUPRC Deploys Initiatives To Help Marginal Field Awardees Progress In Field Development
In recognition of the funding challenges facing some of the awardees of the 2020 Marginal Field Bid Round licences, the Nigerian Upstream Regulatory Commission (NUPRC) is planning a production-based lending engagement that will help!-->!-->!-->…
Read More...
Read More...
Nigerian Downstream Operators Urge Incoming President to Remove Fuel Subsidy
By Adaobi Rhema Oguejiofor
Downstream operators in the Nigerian oil and gas industry have urged the country's incoming president to make the removal of fuel subsidy and the deregulation of the downstream sector a priority.
The!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
Energy Challenges Responsible for Poor Performance of Nigeria’s Manufacturing Sector –…
By Adaobi Rhema Oguejiofor
The Manufacturers Association of Nigeria (MAN) has said that energy challenges such as inadequate amount and high cost of diesel, gas, and petrol are responsible for the poor competitiveness of the!-->!-->!-->!-->!-->…
Read More...
Read More...

