Category: Energy
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Energy Sector Key to Nigeria’s $1 Trillion Economy – Ex-Minister
– Nigeria’s energy sector development – Natural gas investment opportunities – Strategies for Nigeria’s economic growth Former Power Minister Prof. Barth Nnaji emphasized that Nigeria’s path to a $1 trillion economy hinges on strategic investments in the energy sector, particularly natural gas. Speaking at the 2025 Bullion Lecture in Lagos, Nnaji highlighted the need to…
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Dangote Refinery Sets Petrol Price at ₦865 per Litre
– Dangote Refinery petrol price update – Nigeria fuel price adjustment – Impact of crude oil prices on Nigerian fuel costs The Dangote Refinery has adjusted its ex-depot petrol price to ₦865 per litre, marking a ₦15 reduction from the previous rate of ₦880. This change follows a decrease in global crude oil prices to…
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South Africa Approves Renewable Energy Masterplan
– South African Renewable Energy Masterplan approval – SAREM targets energy security and industrial growth – South Africa’s renewable energy capacity expansion plans The South African Cabinet has approved the South African Renewable Energy Masterplan (SAREM), aiming to bolster energy security and stimulate industrial growth. SAREM provides a strategic roadmap for developing renewable energy and…
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UK Shortlists 27 Hydrogen Projects to Drive Clean Energy Growth
– UK hydrogen projects attract £1 billion investment – Clean energy growth through hydrogen initiatives – Job creation in UK’s hydrogen sector The UK government has advanced 27 hydrogen projects to the next stage of the Second Hydrogen Allocation Round (HAR2), aiming to bolster low-carbon hydrogen production. This initiative is expected to attract over £1…
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Renaissance Africa Energy Launches Sabbatical Programme
– Renaissance Africa Energy sabbatical programme – Collaboration between Nigerian universities and energy sector – Sustainable energy research initiatives in Nigeria Renaissance Africa Energy Company Limited has initiated a sabbatical programme, welcoming 14 professors and 23 research students from various Nigerian universities. The programme aims to foster collaboration between academia and the energy sector, promoting…
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P-CNGi, LNG Arete Sign $27.3M Deal for Mini-LNG Plant in Kogi
– Mini-LNG plant to boost CNG infrastructure in Northern Nigeria – Nigeria invests in gas expansion for industrial growth – Kogi LNG project to create jobs, improve energy supply The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. have signed a $27.3 million agreement to build a mini-LNG plant in Ajaokuta, Kogi State.…
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REAN Urges Government to Reconsider Solar Import Ban
– Impact of solar import ban on Nigeria’s renewable energy sector – Strategies to enhance local solar manufacturing in Nigeria – Balancing import restrictions and business environment in renewable energy policies The Renewable Energy Association of Nigeria (REAN) has called on the government to reconsider its ban on solar imports, stressing the need to first…
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TotalEnergies Expands Renewable Portfolio Assets
– TotalEnergies Renewable Investments – Green Energy Transition – Solar & Wind Power Growth TotalEnergies has acquired new renewable energy assets across Europe, Africa, and Canada as part of its commitment to clean energy expansion. The move strengthens the company’s presence in the global renewable sector, aligning with its goal to transition towards more sustainable…
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How the Shipping Sector Can Cut Energy Costs
– Shipping Energy Efficiency – Sustainable Shipping Solutions – Future of Maritime Energy The global shipping industry is exploring innovative ways to reduce energy costs while improving efficiency and sustainability. Experts highlight that adopting cleaner fuels, optimizing routes, and investing in energy-efficient technologies can significantly cut operational expenses. With rising fuel prices and stricter environmental…
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Zigma CEO Funmi Ogbue Wins Energy Award
– Women in Energy Leadership – Funmi Ogbue Award – Gender Inclusion in Energy Funmi Ogbue, CEO of Zigma Limited, has been recognized as the Outstanding Woman in Energy at the Women in Maritime & Energy (WIME) Awards. The award celebrates her contributions to Nigeria’s energy sector and her leadership in driving innovation, sustainability, and…