New model developed to evaluate global energy scenarios
Their general conclusion was always the same: the transition to renewable energy sources is inevitable.
Month: May 2025
Read More
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.
Fuel subsidy reforms misfire in most oil-producing countries
They also stressed the importance of finding alternative ways to reduce demand for subsidized fuel