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President Al-Sisi, Dominguez To Strengthen Egypt-IMO Cooperation On Maritime, Environment
energy news power renewables

President Al-Sisi, Dominguez To Strengthen Egypt-IMO Cooperation On Maritime, Environment

January 21, 2025

President Abdel Fattah Al-Sisi of Egypt met on Tuesday with Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), to explore enhanced collaboration between Egypt and the IMO. The two leaders reaffirmed their commitment to deepening Egypt’s engagement in the IMO’s key areas of work. Mohamed El-Shenawy, the official spokesperson for the presidency, highlighted that […]Read More

Dangote Refinery Petrol Exports Disrupt European Market – OPEC
energy news Oil and Gas

Dangote Refinery Petrol Exports Disrupt European Market – OPEC

January 16, 2025

The Organisation of the Petroleum Exporting Countries (OPEC) has reported that increased petrol production from Nigeria’s Dangote Refinery is intensifying pressure on Europe’s already sluggish fuel market. In its latest monthly report, OPEC highlighted that the Dangote Refinery, which began exporting petrol in December 2024, has contributed to an oversupply situation in the European fuel […]Read More

PowerGen, Partners to Deploy 120MW Renewables Across Africa
energy climate news power renewables

PowerGen, Partners to Deploy 120MW Renewables Across Africa

January 16, 2025

PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 megawatts (MW) of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish Investment Fund for Developing Countries (IFU), EDFI Management Company, through […]Read More

Oil Glut Will Expand in 2026 as OPEC Output Rebounds, EIA Says
energy news Oil and Gas

Oil Glut Will Expand in 2026 as OPEC Output Rebounds,

January 16, 2025

Global oil markets are on track to face a significant surplus in 2026, according to the U.S. Energy Information Administration (EIA). OPEC’s decision to ramp up production, combined with steady output growth from countries like the United States, Canada, and Guyana, is driving the projected glut. In its latest report, released on January 14, 2025, […]Read More

NNPC Remits ₦10trn, Tops Taxpayer Rankings in Nigeria – Kyari
energy news Oil and Gas

NNPC Remits ₦10trn, Tops Taxpayer Rankings in Nigeria – Kyari

January 15, 2025

Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, announced on Wednesday that the state-owned oil company has contributed ₦10 trillion to the federation account. He highlighted that this achievement makes NNPC the highest taxpayer in Nigeria and the only company in the country that consistently publishes 100% of its […]Read More

Enugu, Ekiti, Ondo, Imo to Begin Electricity Generation, Transmission, Distribution
energy news power renewables

Enugu, Ekiti, Ondo, Imo to Begin Electricity Generation, Transmission, Distribution

January 14, 2025

The Nigerian Electricity Regulatory Commission (NERC) has confirmed that four state governments—Enugu, Ekiti, Ondo, and Imo—are now set to assume control of electricity generation, transmission, and distribution within their respective states. This follows the ongoing transfer of regulatory authority from NERC to state-level regulators. In an announcement shared on the social media platform X, NERC […]Read More

Just Energy Transition in Africa: Lessons from S/Africa and Senegal
climate blog energy Oil and Gas renewables Solid minerals

Just Energy Transition in Africa: Lessons from S/Africa and Senegal

January 14, 2025

Coal continues to dominate South Africa’s energy portfolio, at over 80% of the country’s power generation mix JOHANNESBURG, South Africa – Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing nations as they transition away from fossil fuels. In 2021, during the 26th UN Climate Change Conference of […]Read More

NERC Grants Niger State Control of Electricity Market Regulation
energy news power

NERC Grants Niger State Control of Electricity Market Regulation

January 10, 2025

The Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of Niger State’s electricity market to the Niger State Electricity Regulatory Commission (NSERC). This decision aligns with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the revised Electricity Act 2023. Niger State joins Enugu, Ekiti, Ondo, Imo, Oyo, Kogi, […]Read More

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