UK Renewable Auction Fails To Attract a Single Offshore Wind Bid Despite the fact that a record number of renewable energy capacity projects were awarded government funding in the UK’s latest clean energy auction, not a single offshore wind bid featured in the tender in another blow to Britain’s offshore wind ambitions. A record number…
Russia Set To Slash Diesel Exports in September Amid refinery maintenance and rising domestic fuel prices, Russia is set to cut its diesel exports from its ports on the Baltic and Black Seas by nearly 25% in September compared to the export plans for August, Bloomberg reported on Friday, quoting industry data it had seen….
Nigeria Should Embrace AI Now to Join 4th Industrial Revolution – Nnaji Former minister of Power, Professor Barth Nnaji, has advised Nigerians to embrace artificial intelligence (AI) on an industrial scale in order to join the 4th Industrial Revolution now sweeping across the globe. Professor Nnaji, also a former minister of science who did his…
Weza Power to connect 70% Burundi’s Population Almost 70% of Burundi’s population will be connected to grind power by a privately-owned and operated electricity distribution company, Weza Power, and will aim to connect nine million people in over seven years. This was made known at the ongoing Africa Climate Summit in Nairobi; the new company…
APM Terminals Apapa Wins Dockworkers Award, Commended by MWUN Nigeria’s largest container terminal, APM Terminals Apapa was on Thursday honoured by the Shipping Correspondents Association of Nigeria (SCAN) with a special recognition award for blazing the trail in setting new standards for the welfare of dockworkers in Nigeria. The award was presented to APM Terminals…
Ghana Sovereign Wealth Fund Invests in Nation’s First Lithium Mine Ghana’s sovereign wealth fund will invest almost $33 million in a lithium mine in the country and take a minority stake in its developer Atlantic Lithium (A11.AX), the company said on Friday. Ghana’s Minerals Income Investment Fund (MIIF) will buy a 6% stake in Atlantic…
Saipem Launches Sustainable Carbon Capture Solution for Oil & Gas Saipem has launched BluenzymeTM, a pre-engineered line of CO2 capture solutions based on the proprietary enzymatic technology “CO2 Solutions by SAIPEM”, with the release of the first industrialized product, BluenzymeTM 200, a ready-to-use package aimed at small and medium emitters, which has a nominal capture…
Powering Nigeria’s Sustainable Energy Future We invite you to join us at NOG Energy Week Conference & Exhibition 2024, the cornerstone of the international energy sector in Nigeria for its 23rd annual edition at the ICC in Abuja, Nigeria, from 30 June – 4 July 2024. As Nigeria continues to embark on an extraordinary journey towards a more just,…
Excess return Conference September 26-27, 2023 | Metropolitan Club The Future of Private Capital in Emerging Markets Connecting influential investors, entrepreneurs and thought leaders to spark conversations on the future of capital, innovation, and the global economy
China’s August Oil Imports Surge to the Third-Highest Level Ever China imported in August the third-highest monthly crude oil volumes ever as crude arrivals surged by 20.9% compared to July and by 30.9% versus August last year, according to Chinese customs data. Chinese crude imports hit 12.43 million barrels per day (bpd) last month, the…
