How Nigeria is Turning Idle Oil Blocks Into a Race for Investment, Production and Revenue For decades, Nigeria’s oil and gas industry has faced a paradox that has become increasingly difficult to ignore: the country has substantial petroleum resources, but too much of that potential has remained underground, undeveloped and disconnected from the economic activity…
FG Targets 2060 for Solar-Powered Electricity, Green Hydrogen The Federal Government has set 2060 as its target for developing a power system largely powered by solar energy and storage, with green hydrogen expected to provide backup electricity and reduce carbon emissions from heavy industries. The Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi,…
Global Fossil CO₂ Emissions to Fall to 20bn Tonnes by 2050 – Report Global fossil carbon dioxide emissions are projected to decline to about 20 billion tonnes by 2050 from their current plateau of around 40 billion tonnes, under a new energy outlook by Rystad Energy. The report, Global Energy Scenarios 2026: Pathways to Resilience,…
Africa E-Mobility Forum Demands Urgent Action on EV Investment African countries and regional institutions have been urged to accelerate investment, industrialisation and regional cooperation to drive the adoption of electric mobility across the continent. The call was made at the Africa E-Mobility Week & Forum 2026, held in Stellenbosch, South Africa, where participants said African…
Middle East War Pushes Global Coal Demand Higher Amid Calls for Lower Carbon Emissions Global coal demand is expected to increase by 1.2 per cent in 2026 to a record 8.94bn tonnes, despite growing calls for lower carbon emissions, as disruptions to liquefied natural gas supplies from the Middle East drive up gas prices and…
Tinubu Targets Lower Transport Fares Nationwide with CNG, EVs President Bola Tinubu has directed states to accelerate the deployment of compressed natural gas (CNG) and electric buses to reduce transportation costs for Nigerians from October 1. Tinubu disclosed this in a statement recently, saying the Federal Government and the 36 state governors had agreed on…
NCDMB, Dangote, Push for Sustainable Nigerian Content, Call Industry to Go Beyond Compliance The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Group have urged a decisive transition from mere regulatory compliance to a stronger national commitment anchored on technological innovation and sustainable financing. They emphasized that these pillars are critical to…
Nigeria’s Refining Capacity Receives Boost as Azikel Refinery Enters Final Construction Phase Nigeria’s refining capacity is set to receive a boost as the $1bn Azikel Refinery in Bayelsa State advances towards completion, with former President Olusegun Obasanjo challenging the project’s promoter to deliver the facility within the next 12 months. The refinery’s progress comes amid…
Uganda Nears First Oil as Kingfisher Facility Reaches 99% Uganda is edging closer to its first commercial oil production as construction of the Central Processing Facility at the Kingfisher Development Area reaches 99 per cent completion. According to Daily Monitor, the Petroleum Authority of Uganda (PAU) said the facility is now undergoing pre-commissioning and commissioning…
NALPGAM pushes for safer, smarter and more compliant LPG operations The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called on industry operators to prioritise safety, regulatory compliance and digitalisation to drive sustainable growth in Nigeria’s LPG sector. The call followed its 2026 webinar with the theme; “Downstream LPG Operational Excellence and Compliance,” which…