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Nigeria’s Omar Farouk joins WEC board
Sopuruchi Onwuka Nigeria’s rising energy diplomat, Dr Omar Farouk Ibrahim, has been elected into the board of the World Energy Council, representing Africa in the world’s oldest independent and impartial membership-based energy organization. Dr Farouk’s election enriches the council’s board…
Seplat Energy’s transition priorities excite global stakeholders 
Gas monetization, ending flares, others top agenda Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend…
NCDMB accounts for $60 bn FDI, $112 bn value retention
Since you became the Executive Secretary of the Nigerian Content Development and Monitoring Board six years ago, you have been credited with several achievements. Which of these achievements do you consider most strategic? I think the most strategic for me,…
Green tech: French firm tests plant-based asphalt on new road
A company in France, Eiffage, is in the lead to displace another important fossil commodity, asphalt, with a plant based option it calls biophalt. It is now working to use biophalt to resurface a one-mile stretch of road in Haute-Garonne,…
British Labour Party pledges renewable energy investments
The Labour Party in the United Kingdom has declared intention to float a state energy firm that would transition the country into renewable sources, agency sources reported. Sir Keir Starmer has announced plans to create a publicly-owned renewable energy company…
Poland, Denmark commission Baltic Pipeline exit from Russian gas
Government representatives from Poland, Denmark and Norway have opened the new Baltic Pipe, a pipeline which will take natural gas from Norway via Denmark to Poland, Deustche Welle reported. Baltic Pipe is meant to be Poland’s gas lifeline after Russia…
Black Monday caused by grid collapse
Nigeria’s national electricity grid collapsed on Monday leaving many parts of the country without power, electricity distribution companies said. The grid has collapsed at least four times this year, which authorities blame on technical problems. Last month workers from the…
JP Morgan predicts $100 oil in months
International advisory consultants, JP Morgan, had warned that the prices of crude oil will rebound toward $100 per barrel as strong demand threatens to overwhelm flow of supply to the export market. The company stated in report by Insider that…
Pope Francis joins crusade against fossil fuels
As oil giants sign deal for new LNG development Catholic pontiff, Pope Francis, weekend threw his weight behind Europe’s demand for energy transition from fossil sources, calling on the world to evolve energy forms that would be friendly to the…
Toyota ends operations in Russia
Declares $2.5B investment in US battery production Amid Russia’s ongoing war with Ukraine, Toyota announced it will permanently end vehicle manufacturing operations at its plant in Saint Petersburg. This represents all Toyota vehicle manufacturing in Russia, though the company will…
