Energy

The Organization of Petroleum Exporting Countries, OPEC, from one of their recent research estimated that energy demand is set to experience a rise of 33% between 2015 to 2040.

E&P Company Panoro Energy is set to leave Nigeria after an agreement was reached between it and PetroNor over the transfer of all its interest in OML 113.

Ghana is set to begin construction of the Pwalugu Multipurpose Dam in November. 

According to a top-ranking official, Nigeria plans to work jointly with China in producing Nigeria-made transformers by 2020.

Risk and strategic management consultancy firm, Conrad Clark, yesterday organised its first Energy Resources Risk & Governance Summit tagged "Energy for Sustainable Economic Growth" which took place in Lagos.

In a bid to demonstrate its diversity of engagement in transforming the renewable energy sector, the European Union has recently announced a €30 million sustainable energy investment fund for off-grid solution development in the country.

Chevron Nigeria Limited (CNL), has signed a Gas Sale and Aggregation Agreement (GSAA) with Olorunsogo Generation Company Limited, Niger Delta Power Holding Company Limited (NDPHC) and Gas Aggregation Company Nigeria Limited (GACN).

The Managing Director of the Nigerian Liquefied Natural Gas Company (NLNG), Mr Tony Attah, on Sunday, said the company has invested over N10.8 trillion on gas facilities and other infrastructures in Bonny Island, Rivers State.

A 300MW renewable energy power plant has been established in Lagos and is ready to generate power soon.

The President of the Republic of Angola, João Gonçalves Lourenço and the CEO of Eni, Claudio Descalzi met in Luanda to discuss new community development plans that would contribute to the carbon neutrality of Eni’s activities in the country.