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CESEL unveils dPower solar system, targets 3,000 jobs
In its quest to deliver affordable and clean energy to millions of rural households living without electricity, Community Energy and Social Enterprise Limited (CESEL)...
MARITIME
Cabotage: Dakuku says no more waivers for oil companies
...Says agency ready to enforce strict compliance to regulations
Dakuku Peterside, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has said the...
Decarbonisation: LADOL MD joins world Maritime CEOs in call to action
Amy Jadesimi, the Managing Director of Lagos Deep Offshore Logistic Base, LADOL, has joined a group of 33 Chief Executive Officers, CEOs from across...
RENEWABLES
OIL AND GAS
Three essential factors that will determine oil prices in 2020
Three essential factors will determine the direction of the oil price next year, according to Rystad Energy.
In a market update, Bjørnar Tonhaugen, head of...
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OIL AND GAS
LATEST REVIEWS
TCN commissions 3 transformers in Calabar, Uyo and Lagos substations
The Transmission Company of Nigeria (TCN) said it has energised and commissioned three 132/33kV electricity transformers at its substations in Calabar, Uyo and in...
FINANCE
Aramco posts solid H1 income despite lower oil prices
Saudi Aramco, a global petroleum and natural gas company, has reported a net income of $46.9 billion for the first half (H1) of 2019,...
Chevron walks away from Anadarko Petroleum deal, will collect $1 billion breakup fee
Chevron Corp. has announced that, under the terms of its previously announced merger agreement with Anadarko Petroleum Corp., it will not make a counterproposal...
Brazil expects to collect at least $47 bln in signing bonuses from oil auctions...
Three upcoming offshore oil auctions set for October and November, will fetch Brazil at least $47 billion in signing bonuses this year an official...
Ripple Energy launches crowdfunding drive for ‘unique’ wind farm ownership model
Ripple Energy has today launched a crowdfunding drive to help enable its first wind farm this year, as it seeks to scale up its...
World’s largest sovereign wealth fund to divest from oil and gas
Norway's $1tr sovereign wealth should divest from upstream oil and gas companies to reduce the country's financial exposure to fossil fuel commodities, the Norwegian...
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EDITOR'S PICK
Nigeria, Morocco sign agreement on regional gas pipeline to reduce flaring
Nigeria and the Kingdom of Morocco Monday signed a regional gas pipeline agreement, which would see to the former providing gas to countries in...
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