Energy Sector

President Muhammadu Buhari on Friday signed into law a constitutional amendment that gives States in Nigeria, the license to generate, transmit and distribute electricity in areas covered by…

Introduction Access to electricity is fundamental to economic and social development. It is a key enabler of economic growth, providing the energy required to power businesses and homes.…

Between mid-2014 and early 2016, the global economy faced one of the largest oil price declines in modern history. A 70 percent price drop due to a supply glut was one of the three biggest…

A new report by Bloomberg Intelligence (BI) has predicted solar energy to be the fastest-growing sub-segment of the energy sector in 2023, with demand set to soar 25-30 percent to $220…

While Nigeria is struggling to attract investments into its energy sector, ExxonMobil, the United States’ largest independent oil and gas company has made a new hydrocarbon discovery at the…