How Africa should adapt to climate change
Adapting to climate change is expected to cost between 30 and 50 billion US dollars a year over the next decade, equating to 2-3% of Africa’s GDP.
Year: 2025
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Nigeria needs $10bn annually in 20 years for stable electricity supply, says Adelabu
The minister emphasised the government’s commitment to delivering sustainable and dependable energy to key national institutions.
Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion
The summit gave decision-makers a chance to discuss and delve into changes in demand, supply and trade of major fuels.
Troops uncover 15km oil theft pipeline in Rivers
The operations led to the dismantling of 21 illegal refining sites, arrest of 36 suspects, and destruction of dozens of equipment and vehicles used in crude oil theft and illegal refining activities.
New model developed to evaluate global energy scenarios
Their general conclusion was always the same: the transition to renewable energy sources is inevitable.
Aiteo, PETROMOC partner to construct 200,000bpd refinery
The refinery is expected to mark another watershed moment for the African energy market.
Exxon plans $1.5 billion investment in deepwater oil field in Nigeria
This move counters speculation about Exxon Mobil’s potential withdrawal from Nigeria.
N4tn power sector debt: Tinubu to meet GenCos leadership
Gencos had issued a warning to the Federal Government over the continued accumulation of debts now totalling over N4tn.
Kyari debunks arrest rumours, vows to account for stewardship
At present, I am taking a well-deserved rest after the dissolution of the management and board of the NNPCL, of which I was the Group Chief Executive.
Kyari, 13 senior ex-NNPCL officials face probe over $3bn refinery fraud
The report also stated that the $1.5bn newly repaired Port Harcourt refinery had been struggling at under 37.87 per cent production capacity.