Oil-producing states battle N1.3tn despite N2.8tn derivation allocation
Many of these states continue to grapple with rising debt, suggesting a disconnect between revenue generation and financial sustainability.
Year: 2025
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Wärtsilä introduces next-generation engine to balance renewables and improve power plant performance
Wärtsilä 46TS engine provides improved output and efficiency to save fuel and costs, with future proof technology that can run on sustainable fuels
We plan to become one of the World’s top 10 energy companies in the next five years –Neosun Energy CEO llya Likhov
Unfortunately, for many companies, environmental concerns often take a back seat to profit, and sustainability is not always a priority.
AFC raises US$400 million in Shariah-compliant Commodity Murabaha facility to fund African infrastructure
This transaction reaffirms AFC’s role as a bridge between global capital and Africa’s most urgent infrastructure needs.
Driving digital transformation in emerging economies through media, Fintech & EdTech
The campaign encourages businesses, entrepreneurs, and individuals to dream bigger and explore the limitless possibilities of the digital era.
Nigeria sets sights on 2.7 million bpd production by 2027
Improvements in security around oil production and transportation sites is the main driver behind the rising production
NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring
By Oke Peter In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in the Nationally Determined Contributions under the Paris Agreement, the NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved 96% reduction in…
Analysing the Lagos State Electricity Law
The Lagos Law is quite innovative in its approach and if well implemented will go a long way in curing energy poverty in the State
Dangote Refinery announces reduction of petrol price from N950 to N890
Dangote Petroleum Refinery calls upon marketers to collaborate in this effort to ensure that these benefits are passed on to the Nigerian populace.
Heads of State commit to concrete plans to transform Africa’s energy sector, with strong backing from global partners
Access to electricity is a fundamental human right. Without it, countries and people cannot thrive