The delegates of the Federal Government, led by the National Security Adviser, Nuhu Ribadu, and senior officials of the Nigerian National Petroleum Company Limited (NNPC), led by Bayo Ojulari, on Monday, paid a visit to Rivers State Governor, Siminalayi Fubara, on Federal Government’s plan for peace and oil exploration in Ogoni land Speaking during the […]Read More
Japanese Company Buys U.S. Shale Assets for $1.3 Billion
December 18, 2025 Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters has reported, adding the company will finance the deal with a combination of cash and debt. Verdad Resources Intermediate Holdings has assets in Wyoming and Colorado, which currently produce at a […]Read More
A New Solar Material Is Pushing Efficiency Beyond Theoretical Limits
Dec 17, 2025 For years, perovskites have been hailed as the “holy grail” of solar energy thanks to their promise of highly efficient and cheaper solar cells. Perovskites are a class of materials with similar crystalline structures with high superconductivity, high magnetoresistance, and high ferroelectricity, making them a potential replacement for silicon. Perovskite thin-film PV panels […]Read More
December 15, 2025 Exxon Mobil Corp. has invented a type of graphite that can extend the life of electric-vehicle batteries by as much as 30%, pushing the oil major further into advanced battery materials as automakers look for longer-lasting cells and supply chains less reliant on China. “We’ve invented a new carbon molecule that will […]Read More
Nigerian Oil Firms Sign Flare-gas deals To Curb Emissions, Boost
December 12, 2025 Nigeria’s Heirs Energies and the Nigerian National Petroleum Company Limited (NNPC Ltd.) said on Wednesday they had signed agreements with five investors to capture and monetise gas that would otherwise be wasted through flaring, where the fuel is burned in the open. It holds Africa’s largest proven gas reserves and is betting […]Read More
December 10, 2025 The Energy Information Administration (EIA) revised down its projection based on how much large load electricity demand has come online so far this year, particularly in Texas. The Energy Information Administration cut its 2026 electricity generation growth forecast by 1.3% from last month “based on how much large load electricity demand has come […]Read More
December 08, 2025 TotalEnergies announced an agreement to merge its upstream business with NEO NEXT Energy Limited, a move set to create the United Kingdom’s largest independent oil and gas producer. Under the terms of the transaction, the French energy major will become the leading shareholder in the expanded entity, which will be renamed NEO NEXT+. TotalEnergies […]Read More
December 08, 2025 The United Arab Emirates (UAE) is growing its LNG exports to meet surging global demand that will outpace investment in supply, according to the United Arab Emirates’s Energy Minister Suhail al-Mazrouei. “We intend not only to satisfy our local demand, but we are also growing our export of LNG,” the minister told Reuters on […]Read More
Renaissance inaugurates flare reduction project, increases gas output
Renaissance Africa Energy Company Limited has inaugurated its Southern Swamp Associated Gas Solutions (SSAGS) Project in Delta State, injecting approximately 100 million standard cubic feet of gas per day (MMScf/d gas) to the domestic market and about 820 million barrels of oil equivalent (MMboe), in a successful implementation of the company’s strategy for ending routine […]Read More
December 5, 2025 Vice President Kashim Shettima has identified Imo State as a major pillar in Nigeria’s economic diversification agenda primed for rapid growth in technology, gas utilisation, agro-industrial processing and small and medium-scale enterprises (SMEs). He said the government is committed to providing access to financing through the Bank of Industry and the Development […]Read More
