Nigerian entrepreneurs accessed investment opportunities in Africa’s leading energy markets at the Invest in African Energies roadshow in Lagos on Tuesday The Invest in African Energies roadshow in Lagos – organized by the African Energy Chamber (AEC) on June…
At NEC President Tinubu Urges Governors on Food Security; Approves National Construction and Household Support Programme, Solar Irrigation Rollout, Allocates N10B for CNG Buses
At the recent National Executive Council meeting, the President Bola Tinubu approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country. The immediate rollout of this programme is to…
Bringing Finance to African Energy Projects: African Energy Chamber (AEC) to Host Energy Players in Europe’s Financial Capital
Global investment in upstream oil and gas is set to reach $570 billion in 2024, showing a 7% rise compared to 2023 expenditure. Of this, 33% is expected to be directed towards frontier fields, presenting a strategic opportunity for undeveloped…
Regulatory authority refutes dirty fuel importation allegations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no imported dirty fuel in the country. The Authority said it would never encourage importation of dirty fuel into the country and ensured that only quality protroleum products…
Fire reported at Dangote Refinery
Immediate containment and safety procedures initiated A fire has been reported at a section of the Dangote Refinery in Lagos, Nigeria. Though the cause of the incident is yet to be announced, the management of the Refinery have announced…
Axxela records 8 million man-hours with no Lost Time Injury (LTIF)
Axxela Limited, sub-Saharan Africa’s leading gas and power portfolio company, has announced another impressive safety milestone. The company has now achieved 8 million man-hours with no lost time injury (LTI), surpassing the previous 7 million man-hours LTI milestone achieved in…
Asharami Square debuts as Sahara Energy Pledges Cleaner Future by 2060
To power decarbonization in Africa Sahara Group, a leading energy and infrastructure conglomerate, has unveiled a groundbreaking plan to achieve net-zero carbon emissions from its oil and gas operations by 2060. This ambitious target signifies their commitment to a sustainable…
Africa50 Joins IRENA’s ETAF Platform to Accelerate Renewable Energy Deployment in Africa
Africa50 pledges USD 100 million to accelerate renewable energy projects and infrastructure through IRENA’s ETAF Platform. The International Renewable Energy Agency (IRENA) has entered into a landmark collaborative partnership with Africa50, the pan-African infrastructure investor and asset management…
Bonny youths shut down Saipem and Daewoo over NLNG Train 7 grievances
Youths from Finima community in Bonny local government area of Rivers State took decisive action early today, Tuesday, June 25 2024, by shutting down operations at two key oil service companies — Saipem Construction Nigeria Limited and Daewoo Engineering and…
NEF2024 to focus on Energizing Sustainable Industrialization; mobilize investments for energy transition
Organizers of the 9th Nigeria Energy Forum (NEF2024) have disclosed that preparations are quite done to host the forum within the first week of July 2024. It also emerged that the Conference and Exhibition will focus on energizing sustainable industrialization…
