OPEC Warns of Impending Oil Price Volatility as Investments dry up

Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, has expressed concern over declining investment in the oil sector which may lead to price volatility if the decline is left uncurbed. The Nigerian-born OPEC chief, who…

Omowumi Iledare: Celebrating the Energy Industry Icon at 70

Thursday, September 2nd was a memorable day as the crème de la crème of the energy sector across the value chain, academia and friends converged at the University of Port Harcourt in Rivers State, to celebrate with Professor Omowumi Iledare as…

Global Coalition Launches $80 Million Relief Fund to Protect Energy Access in Vulnerable Communities from COVID-19 Fallout

The Energy Access Relief Fund (EARF), managed by Social Investment Managers and Advisors (SIMA), will provide relief capital in the form of short-term loans to an estimated 90 energy access companies in sub-Saharan Africa and Asia still struggling with disruptions…

SEforALL and Google to Launch New Compact to Decarbonize Electricity Globally

A carbon-free electricity sector is the foundation for reaching a net-zero global economy. Electricity generates 25% of the world’s greenhouse gas emissions, and is key to decarbonizing other sectors of the economy, including buildings, transport, and industry. To achieve net-zero…

ASREA NIGERIA TO AWARD DIPLOMA DEGREE IN SOLAR ENERGY

* First and only NBTE approved and recognized solar training institution in Nigeria * Minister for Education approves license for takeoff * Set to entrench local content and indigenous capacity in solar skills and business A major milestone was recently…

Uzbekistan to Join P4G Partnership and Hold Green Energy Conference for Developing Countries

May 31, 2021 /PRNewswire/ — Uzbekistan plans to host an international conference “Green Energy for Developing Countries” next year. It was announced by the President of the country Shavkat Mirziyoyev at the International Summit “Partnership for Green Growth and Global Goals – 2030”…

NNPC to Acquire Equity in Private Refineries in Line with FG’s Policy

…..To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in line with a Federal Government policy directive which stipulates the mandatory…

Indigenous Energy firm, OMAA, rolls out Nigeria’s first dual power buses

An indigenous energy firm, OMAA has rolled out Nigeria’s first locally assembled natural gas-powered buses and are already producing in volumes. The roll out took place at its facility in Igbo Ukwu near Nnewi, Anambra, in the presence of Dr.…

Fast-Track Energy Transitions to Win the Race to Zero

Press Release: World Energy Transitions Outlook outlines global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050 Abu Dhabi, United Arab Emirates, 16 March 2021 – Proven technologies for a net-zero energy system already largely exist today, finds…

The IDB and IRENA Join Forces to Foster a Sustainable Energy Future in Latin America and the Caribbean

The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the…

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