• May 21, 2025
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Savannah Energy Posts Strong Q1 2025 Performance with 15% Increase in Nigeria’s Stubb Creek Production

Savannah Energy Posts Strong Q1 2025 Performance with 15% Increase

May 20, 2025

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, has released its Q1 2025 trading update. The Q1 2025 Unaudited Results showed a strong financial performance, with the company’s total revenue increasing by 19% to US$73.3 million, compared to US$61.4 million in Q1 2024. This was driven by the successful completion […]Read More

SPDC’s successor, Renaissance exceeds oil output target by 40 % in one month

SPDC’s successor, Renaissance exceeds oil output target by 40 %

May 18, 2025

Renaissance Africa Energy Company Limited, the consortium that acquired former Shell Petroleum Development Company (SPDC) says it exceeded production target by 40 per cent within its first month of operation. A statement by Mr Michael Adande, Spokesperson for Renaissance on Friday, noted that the energy firm has demonstrated immediate impact by surpassing production targets by […]Read More

U.S. summer could take a toll on Americans’ budgets to keep homes cool

U.S. summer could take a toll on Americans’ budgets to

May 18, 2025

High temperatures projected across the U.S. summer could take a toll on Americans’ budgets by driving up the price of keeping homes cool.  Home electricity bills are expected to rise to an average of $784 for the summer period, up more than 6% from $737 in 2024 and marking a 12-year record, according a new analysis from […]Read More

Electricity consumption is rising, driving solar, storage expansion: EIA

Electricity consumption is rising, driving solar, storage expansion: EIA

May 17, 2025

Battery storage capacity additions through 2026 are expected to outpace wind, small-scale solar and natural gas, according to the Energy Information Administration. Published May 13, 2025 Electricity consumption is expected to increase in 2025 and 2026, surpassing an all-time high reached last year and driving an expansion in generating capacity – largely in the form […]Read More

Milestone reached in first blueprint for Great Britain’s future energy

May 16, 2025

In a major milestone for the planning of Great Britain’s energy network, the UK Secretary of State for Energy Security and Net Zero and Ofgem have approved the methodology we’ll use to develop the first Strategic Spatial Energy Plan (SSEP). What is the SSEP? For milestone improvement, the SSEP will provide the first high-level blueprint […]Read More

NNPCL, Sahara Group to Collaborate on promoting energy access, sustainability 

NNPCL, Sahara Group to Collaborate on promoting energy access, sustainability 

May 15, 2025

Today, Sahara Group, Executive Directors, Mrs. Moroti Adedoyin-Adeyinka, Dr. kola Adesina, Mr. Tope Shonubi and Mr. Wal Ajibade paid a courtesy visit to The Group CEO of NNPC Ltd, Mr. Bayo Ojulari, at the NNPC Towers in Abuja. From oil and gas to data and infrastructure, the conversation explored how transparent, impact-driven partnerships can power […]Read More

U.S Budget Proposal Targets Big Climate, Clean Energy Rollback

U.S Budget Proposal Targets Big Climate, Clean Energy Rollback

May 13, 2025

May 13, 2025 U.S. House lawmakers laid out plans on Monday to phase out clean energy tax credits, slash spending on electric vehicles and renewable energy, and claw back other climate-related funds as part of the Republicans’ attempt to pass a multi-trillion-dollar budget in line with President Donald Trump’s agenda. The House Committee on Energy […]Read More

DisCos To Compensate Band A Customers In 557 Streets -NERC Orders

DisCos To Compensate Band A Customers In 557 Streets -NERC

May 13, 2025

NERC: The Nigerian Electricity Regulatory Commission has ordered nine electricity Distribution Companies to compensate Band A customers living in 557 streets across its franchise areas for failing to meet the minimum power supply requirement mandated under the new electricity tariff regime. According to NERC, the affected DisCos must implement the compensation across 152 electricity feeders […]Read More

Questions On Renewable Energy are back after Spain’s Blackout  

Questions On Renewable Energy are back after Spain’s Blackout  

May 11, 2025

The massive power outage that hit the Iberian peninsula last month has reignited a debate in Spain over the country’s plan to phase out its nuclear reactors and generate more power with renewable energy May 9, 2025, 6:04 AM MADRID — The massive power outage that hit the Iberian peninsula on April 28 has reignited a debate in […]Read More

Reps panel probes N200bn CBN loan to DISCOs

Reps panel probes N200bn CBN loan to DISCOs

May 8, 2025

The House of Representatives is to investigate disbursement and utilisation of the N200 billion Naira Central Bank of Nigeria (CBN) loan for National Mass Metering Programme (NMMP) to Electricity Distribution Companies (DISCOs) The Chairman of the Committee, Rep. Uchenna Okonkwo (LP-Anambra) made this known in a statement issued on Wednesday in Abuja, adding that 19-member […]Read More

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