Energy Archives - Business Journal

In its latest Africa Energy Outlook 2021 released earlier this week, the African Energy Chamber forecasts increased gas monetization across the continent on the back of decarbonisation and industrialisation drive. The African Energy Chamber has notably found that while not insulated to COVID-19, gas markets have been less exposed than that of oil to the

  A development and governance expert, Dr Chiwuike Uba, has expressed satisfaction with the decision of the Organisation of Petroleum Exporting Countries (OPEC) under the OPEC+ platform to cut down on oil production by about 9.7m barrels per day from 1st May 2020, reduce to 7.7 million barrels per day from July through the end

  The African Energy Chamber announces its termination of its partnership with Africa Oil & Power, which it has had since 2018. Under this partnership, the Chamber has supported Africa Oil & Power in the organisation of several highly-successful international events and investment conferences. The termination of the partnership reflects a new strategy for the

‘ Energy experts discuss the importance of gas for Africa’s current and future energy needs; GE’s innovative gas power generation portfolio is providing faster, more reliable, more cost-effective and more environmentally friendly power for baseload, emergency or clean energy transition needs; Gas will be critical for creating industry, manufacturing and attracting investment capital. With recent

By Elvis Eromosele In a world of 3D printing and manufacturing, artificial intelligence (AI), Cloud Computing Big Data and smart cities, can a country compete without power? It is doubtful. Steady power supply is essential for the smooth running of any economy. It is the lifeblood of the digital economy. To connect and partake of

Located at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the country’s mainland; 12 bullet tanks will carry 14,000 cubic meters of storage capacity, supported by a truck loading station and 12-kilometers of ten-inch gas and diesel pipelines. The project will be

One of the primary challenges Nigeria is seeking to overcome is the lack of funding and finance of energy projects which are essential to producing a reliable power supply. Nigeria’s power sector requires immediate direct investment to utilise untapped renewable energy potential. The Power Nigeria Exhibition & Conference runs from the 22-24 September at Landmark Centre, Lagos—to feature industry experts

The Germany Africa Business Forum e.V. (GABF), whose goal is to strengthen investment ties between Germany and Africa, announced it has, in collaboration with private partners from the energy industry, launched a multi-million Euro funding commitment to invest in German energy startups that focus on Africa. The funding commitment, which pledges funds to German startups

Africa Oil Week kicked off with a strong start for its 25th anniversary as delegates converged at the Welcome Reception to celebrate the spectacular opening of Africa Oil Week 2018 and today the conference got underway. The first session on Economic Outlooks was opened with key speakers including Jens Frølich Holte, State Secretary, Ministry of