Vitol will pay to Reopen Australian Coal Mine Commodity trading major Vitol will fund the restart of a coal mine in Australia that has not been operational in 16 years. The company will provide $60 million for the mine, Dartbrook, which will be operated by a joint venture between Australian Pacific Coal and Tetra Resources….
Hybrid Solar-Powered Company, Daystar, to Install 4.2mwp Solar Plant for Nigerian Breweries Daystar Power, a leading hybrid solar power solutions provider for businesses and industrial manufacturers in Africa, signed an agreement with Nigerian Breweries to install and operate a 4.2 megawatts peak, MWp, solar plant and 2MWh battery storage system. The installation will be one…
Farouk Accuses IEA of becoming an Impediment to Successful Energy Transition The African Petroleum Producers’ Organization, APPO has accused the IEA of becoming an impediment to an inclusive and successful energy transition, noting that the Agency is unable to come to terms with the global reality for phasing down oil and gas. This position was…
Dismal Electricity in Nigeria may not Likely Affect CNG Plan Execution In about 3 months, Nigerians will be expecting the delivery of compressed natural gas (CNG) infrastructure, as promised through the agreement between the Nigerian National Petroleum Company Limited (NNPCL) and Nipco Gas Limited. Under the agreement between both entities, Nigeria’s plan for CNG rollout,…
After Night Raid, Kaduna Electric Apprehends Suspected Energy Thief Kaduna Electric said it conducted a night raid on Nov. 24, leading to the apprehension of a suspected thief, following a significant move against energy theft. It allegedly caught one Opafola Abiodun of No. 18 Mopa Road, Kaduna in the act. This was contained in a…
Africa Finance Corporation Invests $60 Million to Boost Angola’s Indigenous Oil & Gas Production …The investment is part of a $190 million debt facility to support Etu Energias in acquiring oil and gas reserves co-owned by France’s TotalEnergies and Japan’s Inpex Corporation Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has…
Rural Electrification Agency (REA) Deploys Over 100 Mini-Grids For Inclusive Development In Nigeria In 3 Years …Set to take the stage at COP28 in Dubai to share lessons, unlock additional impact finance Under the leadership of the Federal Ministry of Power, Nigeria, the Rural Electrification Agency (REA) of Nigeria is set to play a key…
WIEN Commends President Tinubu’s Commitment to Inclusivity and Urges Immediate Action on Gender Representation Lagos-November 29, 2023: As we witness the strides made by President Bola Tinubu in the early days of the Renewed Hope agenda, Women in Energy Network (WIEN) extends commendation on his dedication to inclusivity and positive governance. In particular, we appreciate…
FG Moves to Crash Cooking Gas Price Down from N1,100 Per Kg The Federal Government has moved to crash the price of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas as it has initiated a process to resolve challenges bordering on the supply and pricing of the product. The Minister of State for Petroleum…
Nigeria Has Capacity To Generate 9,000mw Through Renewable Energy By 2030 – Adaju Dr. Segun Adaju CEO, Consistent Energy Dr. Segun Adaju, the Chief Executive Officer of Consistent Energy, emphatically asserted that Nigeria can fulfill the renewable energy objective outlined in the country’s Energy Vision 2030. During the sidelines of the 29th edition of the…