Energy

 Renewable energy firm, Royal Power and Energy Limited has encouraged that the Federal Government should invest more in the power sector so as to improve the quality of energy and power consumption in Nigeria.

Amea Togo Solar will begin its installation of a power plant with the capacity of 50MW in its locality of Blitta which is 271km north of Lomé.

According to Rystad Energy, the U.S. will become fully energy independent in few months, and it is estimated that by 2030, the country’s total primary energy production will improve faster than the primary energy demand by a huge 30 percent.

As the global Liquefied Petroleum Gas (LPG) market changes, as well as the growth in the Nigerian market, stakeholders in the industry, have been advised to make use of the rising demand and local production, as competition in the export market to become intense in coming years.

Oil and gas supermajor, Shell has revealed that it has successfully produced high-end chemicals using a liquid feedstock made from plastic waste. They employed a technique called pyrolysis, which is considered a breakthrough for hard-to-recycle plastics and advances Shell’s ambition to use 1 million (tons per year) of plastic waste in its global…

The Nigerian Minister of Mines and Steel Development, Architect Olamilekan Adegbite, revealed that 1,759 illegal mining sites have been uncovered across the country.

Cloud Energy, Nigeria’s renewable energy solutions provider, has solved the problem of poor electricity supply to Nigerians living in the rural and semi-urban communities as it launched the SUNBOX Plus PAYGO Solar home system.

The President of the African Development Bank (AfDB), said most of the funds gotten from the capital increase of the financial institution will be allocated to major electrification projects in Africa. The bank’s announcement came at a time when Africa is experiencing a low financing rate.

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have finished arrangement for the signing of a $1.16 million grant which will be part of the funding for the NNPC’s Abuja Independent Power Project (IPP) designed to generate 1,350 megawatts of electricity to ease the country’s power…

Savannah Petroleum has finally completed its acquisition of Seven Energy, building and increasing its interest in Nigeria shifting its focus from just exploration to include production.