Off-grid solar firm WeLight from Madagascar has received 19 million euros ($20.57 million) to power 50,000 homes over the next two years, the company announced
Category: Energy
West destroying African economies; with divestment in gas production, amidst a push for green energy.
In order to guarantee supply security and reasonable prices during the global energy transition, greater investment is necessary, according to remarks made on Saturday by
600,000 bpd Canadian oil pipeline outage threatens U.S stockpiles and refinery supplies.
According to analysts and traders, an interruption of the major oil pipeline from Canada to the United States may reduce crude supply to two oil
Russian oil: Europe to be cut off as $60/barrel price cap is rejected.
Russian authorities threatened to cease supplying the countries that supported the price cap for the country’s oil on Saturday after rejecting it. Australia, Britain, Canada,
Russian seaborne oil: G7 set a $60/barrel cap to limit Russia’s revenue and stabilize global oil prices.
The Group of Seven (G7) and Australia have joined the European Union in establishing a $60 per barrel price restriction on Russian oil. The countries
Nigeria plans to revamp the PHC refinery with $1.5b and commission the Dangote refinery to exit oil importation.
According to Nigeria’s oil minister Timipre Sylva, the country plans to stop importing petroleum products before or around the third quarter of 2023. By the
NNPC, local investors commence oil drilling at the $3b Kolmani region in Northern Nigeria.
Nigeria’s state-owned NNPC Ltd. began drilling for oil and gas on Tuesday at a field with 1 billion barrels of reserves in northern Nigeria as
Energy crisis: German port welcomes first floating LNG terminal.
The first of five ships that will act as floating terminals for importing liquefied natural gas into Germany made its way there on Wednesday off
Oil bunkering: Oil supertanker to be escorted back to Nigeria from Equatorial Guinea.
A spokesman for the Nigerian Navy told reporters on Friday that an oil supertanker that had been suspected by the country’s officials of trying to
China’s Addax along with Oil majors exited Nigerian oil despite the inability to meet the OPEC quota.
In order to vacate its four significant oil mining blocks in the nation, Sinopec’s Addax Petroleum Development (Nigeria) and the Nigerian National Petroleum Company (NNPC)
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