Category: Energy

FDI’s Impact on Nigeria’s Oil Sector Investment Strategies for Nigeria’s Energy Future Strengthening Nigeria’s Oil Industry Through FDI BY SHEKWOPEYELO At the Kenna Partners Energy Dialogue in Lagos, stakeholders agreed that boosting investments is essential for Nigeria’s oil and gas industry growth. Themed “Divestments, Re-Investments, Deep-Offshore Development and the Future of Oil and Gas in…

NIEEE Urges Nigerian Government to Enhance Sustainable Energy Standards Improve Nigeria’s Sustainable Energy Sector with New Standards, Says NIEEE NIEEE Advocates for Enhanced Standards in Nigeria’s Energy Sector BY SHEKWOPEYELO The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has urged the federal government to develop crucial standards and codes aimed at improving the sustainable…

Africa Needs $25B Annually for Energy Access by 2030 – IEA IEA: Africa Requires $25 Billion Yearly for Energy by 2030 $25B Investment Needed for Africa’s Energy by 2030, Says IEA BY MILCAH TANIMU The International Energy Agency (IEA) has reported that Africa needs an annual investment of $25 billion to ensure universal energy access…

Nigeria’s Oil and Gas Sector Owes $6 Billion: NEITI Report NEITI: $6 Billion Debt in Nigeria’s Oil and Gas Industry Oil and Gas Industry Debt Hits $6 Billion, Says NEITI BY SHEKWOPEYELO The Nigeria Extractive Industries Transparency Initiative (NEITI) reports that the oil and gas industry owes the Federal Government $6.071 billion and N66.4 billion…

ExxonMobil expands investments in Nigeria’s oil sector. Nigeria attracts $10 billion investment from ExxonMobil. Offshore operations boost ExxonMobil’s commitment to Nigeria. BY SHEKWOPEYELO

Green Hydrogen: Nigeria’s Path to Clean Energy Transition Nigeria Calls for Investment in Green Hydrogen Initiatives Power Ministry: Green Hydrogen Vital for Nigeria’s Clean Energy BY SHEKWOPEYELO In a recent statement, Nigeria’s power ministry highlighted the crucial role of green hydrogen in the global shift towards clean energy. During a regional capacity-building workshop organized by…

Private sector investment is essential for developing green hydrogen in West Africa. Green hydrogen is key to diversifying energy sources and promoting sustainability. ECREEE aims to achieve significant green hydrogen production by 2030 and 2050. By SHEKWOPEYELO The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and Nigeria’s Ministry of Power are urging increased…

Ghana and U.S. Collaborate on Small Modular Reactors for Clean Energy Ghana and U.S. Team Up to Advance Clean Energy with Small Modular Reactor Project U.S. and Ghana Partner on NuScale Power SMR Project to Enhance Clean Energy By SHEKWOPEYELO Ghana and the United States have forged a landmark agreement to advance clean energy through…

Renewable Energy: Emir of Kano Calls for Nationwide Adoption Amid Climate Crisis Emir Muhammadu Sanusi II Urges Nigerians to Embrace Clean Energy Solutions By SHEKWOPEYELO The Emir of Kano, Alhaji Muhammadu Sanusi II, has urged Nigerians to adopt renewable energy as a critical measure to reduce greenhouse gas emissions and combat climate change. The Emir…