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Oil & Gas Trade
Shell to Sell More Oil Assets in Nigeria
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Pro…
Oil&Gas Drilling
Additional Time Secured for BW Offshore FPSO off Nigeria
Italian-headquartered oil and gas giant Eni has handed out yet another short-term contract extension to BW Offshore for one of its floating, production, storage…
Electricity Transmission
A Proposal to Build a Sub-Saharan Africa Electrical Grid Across 12 Countries
A team of economists and engineers from China, Turkey and Nigeria has published a proposal based on simulations to build a sub-Saharan Africa electrical grid ac…
Energy Storage Project
Nigeria, Potential Global Producer of Lithium Battery
Amid the fraught debates over petrol prices, exchange rates and rising cost of living, cheerful news slips by without notice.One such refreshing news was the re…
Oil Price
Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022
Nigeria and other countries in the Organization of Petroleum Exporting Countries(OPEC), earned $873.6 billion from oil export in 2022.The OPEC’s petroleum expo…
LNG
Tinubu Backs $5BN Floating LNG Project Implementation Venture to Provide 7,000 Jobs, Crash Prices —Rone
PRESIDENT Bola Tinubu on Wednesday gave his support to the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.He gave t…
Oil&Gas Drilling
Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 202…
Microgrid
World Bank to Boost Nigeria's Electrification Project With $750M – Official
Minister in the Presidency responsible for Electricity Dr Kgosientsho Ramokgopa and German Vice Chancellor Robert Habeck have signed a joint declaration of inte…
Oil&Gas Drilling
Totalenergies Announces Oil, Gas Discovery Offshore Nigeria
TotalEnergies announced Tuesday the discovery of Ntokon oil and gas on OML102 offshore Nigeria.The company, in a statement published on its website, said the we…
Energy Infrastructure
REA Enhances Productive Use Of Energy Equipment In Rural Areas
As part of efforts to ensure that rural and underserved communities have unhindered access to energy -efficient and electric productive equipment, the Rural and…
Hydropower Plant
Nigeria: Hydroelectric Project Adds 700MW to National Grid
Featured image: StockAn additional 700MW has been added to Nigeria’s national grid with the completion of the Zungeru hydroelectric power project.In a rec…
Oil Exploration
ExxonMobil: Africa to Remain Relevant in Oil Exploration in Years to Come BUSINESS | 2 hours ago
ExxonMobil will continue the search for big new oil and gas fields that can help fund alternative energy sources such as LNG and renewables, even as the thresho…
Biofuel
South African Beverage Company Uses Biogas Facility to Recycle Wastewater
The biodigester at Bren-o-kem's Vinaqua wastewater treatment plant in Worcester. Image Source: ESI Africa.Amidst the picturesque winelands of Worcester in t…
Solar Power Plant
2023 Top 20 Global Photovoltaic Module Manufacturers Revealed by PVBL
On 22-23 May 2023, the CPC 8th Century Photovoltaic Conference of 2023 and PVBL 11th Global PV Global Photovoltaic Brand Rankings Announcement Ceremony were joi…
Biofuel
Demand for advanced biofuels is anticipated to increase and reach US$ 43,197.3 million by 2033
The global advanced biofuels market is anticipated to generate revenues of US$ 19,282.5 million in 2023. Demand for advanced biofuels is anticipated to increase…
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