John Anim, managing director of Platform Petroleum Limited, highlighted this improvement during a panel on ‘Investment Opportunities in Nigeria’ at the Invest in Africa Energy 2024 conference in Paris, France. He said that security challenges in the Niger Delta have significantly lessened. Anim attributed previous security issues to the exclusion of host communities from the […]Read More
EnAccess Foundation and the World Resources Institute (WRI), are championing the inaugural open-source in energy access initiative that fosters data-driven decision making. The World Bank, Energy Sector Management Assistance Program (ESMAP), and Prospect supported the inaugural Open Source in Energy Access Symposium (OSEAS), which took place in Abuja from May 7-10, 2024. Abba Aliyu, Acting […]Read More
Patrick Pouyanne, the chief executive officer of TotalEnergies, has revealed that the company is investing $6 billion in energy projects in Angola over Nigeria, citing inconsistency in policymaking in Nigeria as the primary reason for this decision. During the Africa CEO panel in Kigali, Rwanda, Pouyanne said that despite the Niger Delta’s status as West […]Read More
Russian President Vladimir Putin is set to visit China on May 16-17 for discussions with President Xi Jinping, in part to discuss expanding energy and trade partnerships. The state visit, initiated by Xi, will cover topics such as China’s Belt and Road Initiative as well as the situation in the Middle East and Asia, and […]Read More
Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to Joseph McMonigle, the Secretary General of the International Energy Forum. Copper is the most essential mineral for societal development, but growing electrification needs globally cannot be met if limited supplies of copper are taken […]Read More
TotalEnergies is poised to foster the development of 100 promising startup ventures across 32 African countries, with Nigeria prominently featured, through the fourth edition of the ‘Startupper of the Year Challenge.’ Adesuwa Adewole, General Manager, TotalEnergies Country Services, stated that the fourth edition of the challenge reaffirms TotalEnergies’ commitment to promoting innovation and entrepreneurship and […]Read More
Ekperikpe Ekpo, State Minister of Petroleum Resources (Gas), announced yesterday that the federal government has finalized an agreement with Shell to provide gas for the proposed Brass methanol plant, estimated at $3.8 billion. Ekpo disclosed that the Gas Supply and Purchase Agreement (GSPA) crucial to the project will be signed in May 2024 after fruitful […]Read More
The World Bank and the African Development Bank (AfDB) have announced plans to come together and provide access to energy for 300 million Africans by 2030. According to the Banks, the plan will cost around $30 billion and is to be funded by the World Bank through the International Development Association (IDA) and the AfDB […]Read More
President Bola Tinubu has taken significant steps towards enhancing Nigeria’s investment climate, particularly in the oil and gas sector. The President recently signed three crucial execution orders aimed at fostering a more favourable environment for investment and positioning Nigeria as the top choice for investment in Africa’s oil and gas industry. According to a statement […]Read More
The Gas Exporting Countries Forum (GECF) has announced the signing of two crucial Memoranda of Understanding (MoUs) with the African Energy Commission (AFREC) and the Economic Research Institute for ASEAN and East Asia (ERIA). These partnerships aim to foster expertise sharing, joint research, and workshops in the energy sector to drive sustainable development and technological […]Read More
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