IEA PUSHES FOR $1TN INVESTMENT IN RENEWABLES BY 2030
The International Energy Agency (IEA) has said that investment in clean energy in emerging and developing economies need to rise more than seven time...
Power Sector News
NIGERIAN CRUDES STRUGGLE FOR BUYERS AS INDIA CUTS PURCHASES – REPORT
Nigerian crude variants are now seeking other buyers in Asia and Europe as India’s COVID-19 situation remains shrouded in uncertainty amid stri...
NNPC, EGBIN TO BOOST GAS-TO-POWER
The Nigerian National Petroleum Corporation (NNPC) and Egbin Power Plc have pledged to deepen collaboration to ensure the success of the Federal Gove...
BEDC WANTS STRUCTURES VIOLATING POWER LINES DEMOLISHED
Benin Electricity Distribution Company Electricity (BEDC) PLC has urged relevant state ministries for lands, surveys, environment and public utilitie...
FG URGED TO LIBERALISE POWER SECTOR FOR OPTIMUM PERFORMANCE
Akwa Ibom State Governor, Mr. Udom Emmanuel has called on the federal government to fully liberalise the power sector to allow state governors genera...
OIL SECTOR: FROM CRISIS TO OPPORTUNITIES
In the last 15 months, the oil industry has gone through what is unarguably one of its most turbulent times since the last century. With the coast no...
FG ANNOUNCES ADDITION OF 3.53TCF TO NATIONAL GAS RESERVES
The federal government has announced the discovery of an additional 3.53 Trillion Cubic Feet (TCF) of gas in the country, further boosting the existi...
HOW QUACKS UNDERMINE EFFORTS AT DOMESTICATING RENEWABLE ENERGY –ABUDU
Renewable energy is electricity collected from renewable resources. It is naturally replenishable on a human timescale, i...
WORLD BANK, NIGERIA, OTHERS TO RAISE $568M FOR REGIONAL ELECTRICITY PROJECT
The World Bank, the Nigerian government, African Development Bank (AfDB), and the Agence Française de Développeme...
AFRICA LOSES $100BN YEARLY TO POOR ENERGY ACCESS –SAHARA GROUP
Poor access to energy is said to cost Africa about $100 billion annually, Executive Director, Sahara Group, Mr. Kola Adesina, has said. Adesina...