Industry News

……….As Unions Take on Macron A 24-hour strike yesterday got France's troubled energy sector another setback as it reduced the country's nuclear and hydroelectric output.Electricity union called out its workers on strike on a day of…

Governments and industry have to work together to realise the full potential by identifying mini grid opportunities, driving costs down and overcoming financing barriers, the World Bank said in its latest report. Solar mini grids have…

Nigeria's national electricity grid woes show no signs of abating with the grid collapsing again on Monday, leaving many parts of the country without power. Nigeria’s national power grid has collapsed at least four times this year, with…

HDF Energy, French independent power producer, has said that its green hydrogen power plant in Namibia, Africa’s first, would start producing electricity by 2024. The company said yearly it can produce 142 gigawatt hours, enough for…

The South African subsidiary of the German company, juwi has won the contract of the operation and maintenance (O&M) of the De Aar 1 solar power plant. The 85 MWp plant is owned by Solar Capital.With a capacity of 85 MWp, De Aar 1 is…

African Development Bank (AfDB), through its Global Green Growth Institute (GGGI), has ranked Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon, and Mozambique as the continent’s top green-growth performers. The ranking is contained in a…

Unilever, one of world’s largest consumer goods companies, and Bboxx, a platform providing access to essential products and services, have partnered through Sunlight, a leading detergent brand, to accelerate the provision of clean energy…

Skies were darkening over the German economy on Friday as its flagship car and chemicals industries reported a bleak outlook and companies scaled back production to save energy.The gas-reliant pharmaceuticals sector sharply reduced its…

Nigeria has pledged to return to a petroleum exporting country before end of 2023. Group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, said the country would at the time also stop importing…

Schneider Electric, global specialist in energy management, software and automation unveiled a new range of cable management systems customized for new and modern buildings, during a grand Retail Partners event in Lagos. The engineering…

The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across the country. Minister of Science and Technology, Dr. Ogbonnaya Onu, gave this…

The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday, compared with $62.68 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of…

The world is experiencing a new energy mix with other sources of energy trying to replace fossil fuels. The demand for cleaner energy is growing by the day and African continent, particularly Nigeria as a country cannot afford to…

By Oge Obi         Besides the need for capacity building in relevant areas, government agencies commitment and willingness to strictly adhere to the principles of the nation’s Local Content policy implementation is an important…

The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at Odukpani, Cross River State, with the goal of creating a regional low-cost manufacturing hub that would produce…

The Minister of State for Petroleum Resources, Ibe Kachikwu, has described pricing as the nation’s greater challenge adding that this is so because people are unwilling to make sacrifices. Kachikwu, who stated this at the Nigeria…

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. Group Managing Director of the…

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile of the most competitive and strategic investments in the global energy market.…

The Secretary General of the Organisation of Petroleum Exporting Countries, (OPEC), Mohammed Barkindo has said Oil and gas together are still expected to provide more than half of the world’s energy needs from 2016 to 2040. He made this…

The Manufacturers Association of Nigeria (MAN) on Tuesday disclosed that the amount of electricity required by its members to carry out their respective manufacturing operations daily has risen to 14,882 megawatts (MW), most of which it…