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By YANGE IKYAAThe United States Agency for International Development (USAID) has announced an additional $10.6 million in development assistance to continue support for the goals outlined in a 2021 bilateral agreement between the…
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By YANGE IKYAAAccording to the African Energy Chamber’s (AEC) Q1 2022 Outlook, titled “The State of African Energy,” as the region sees relatively increased project sanctioning activity, 2022-2025 cumulative capital expenditure…
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By YANGE IKYAAThe African Development Bank (AfDB) and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to promote…
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 By YANGE IKYAAKey stakeholders of the oil and gas industry have commended the Nigerian Content Development and Monitoring Board (NCDMB) for catalyzing the development of critical oil and gas facilities, including Bunorr Integrated…
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By YANGE IKYAAThe Nigerian Content Development and Monitoring Board (NCDMB) and the authorities of the Senegalese Petroleum Industry on Tuesday agreed to sign a Memorandum of Understanding (MoU) that will guide Nigeria’s support…
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The Organization of the Petroleum Exporting Countries (OPEC) says the oil and gas industry must harness the world’s most advanced technologies and breakthrough innovations to promote a lower-carbon future.This,…
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By YNAGE IKYAAThe Transmission Company of Nigeria has said that the current load shedding being experienced nationwide is as a result of power generation companies (GENCOs) delivering very low power that TCN needs to wheel through…
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By YANGE IKYAAWith International Women’s Day being celebrated across the world, Africa’s premier energy event, African Energy Week (AEW), has maintained a strong position that women have to be at the forefront of the continent’s…
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Despite the fact that Nigeria is currently battling petroleum scarcity in most states of the federation, the Nigeria Customs Service (NCS) on Wednesday said that its officers in February intercepted 36,575 litres of premium motor…
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By YANGE IKYAA Russia’s Deputy Prime Minister, Alexander Novak, has warned that if the United States and the European Union were to ban imports of oil from Russia, oil would move to $300 per barrel.As the…
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