How renewable energy beat coal in 2016

The International Energy Agency has said that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key...

Where are oil prices going?

After two years of fighting for market share, the Organization of Petroleum Exporting Countries (OPEC) agreed in November 2016 to cut production by 1.2...

BP acquires major stake in Ghana, Senegal

BP has signed agreements with Kosmos Energy. to acquire a 62 percent working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a...
World Bank

World Bank, US to grow 40% energy storage yearly

The World Bank’s ESMAP and the US Department of Energy, energy storage deployment in emerging markets are expected to grow 40% a year over...

The Energy sector in 2017

Nigerians expect a better result and encouraging activities in the Energy Industry this year 2017. Oil and Gas experts who bared their minds on...
DisCos

DisCos’ performance below expectation – NERC

The Nigerian Electricity Regulatory Commission (NERC) that has been monitoring the Electricity Distribution Companies (Discos), Electricity Generation Companies (Gencos) and Transmission Company of Nigeria...

82 die in electricity accidents in seven months

.Abuja, Kano, Port Harcourt highest hitA total of 82 persons, including employees of electricity distribution companies, Transmission Company of Nigeria, as well as power...

AfDB to invest $ 12b on Africa’s energy sector

African Development Bank (AfDB) has said that it plans to invest the sum of $12billion to address the perennial energy crisis in Africa. AfDB President,...
tcn

TCN explains power outage in Lagos communities

The management of Transmission Company of Nigeria (TCN) on Wednesday, attributed the in adequate power supply in some communities in Lagos to upgrading of...

Oando Gas and Power rebrands to Axxela Limited

Oando Gas and Power has announced the rebranding of the company and change of its corporate identity to Axxela Limited. The rebranding of Oando...