Tag: Energy
Dangote Refinery Completes $2.5bn Equity Raise in Africa’s Largest Private Placement
Dangote Petroleum Refinery and Petrochemicals has successfully completed a landmark $2.5 billion private equity placement, with the offer attracting subscriptions 3.7 times above its...
The Future Will Judge Nigeria by What It Built, Not the Oil It Possessed — Energy Expert Warns at Lanre Sagaya Lecture
At the Shagaya at 80 lecture in Ilorin, energy specialist Dan Kunle and the NSE President warned that Nigeria must weaponize its engineering capacity...
IEA forecasts chance of critically low stockpiles before peak summer demand
(Reuters) - Global oil inventories could hit critical levels ahead of the peak summer demand period if stock draws continue at their current pace,...
China’s first-of-its-kind battery stores hydrogen and electricity with 93.9% efficiency
A research team led by China’s Dalian Institute of Chemical Physics (DICP) has reportedly developed a battery stores hydrogen first-of-its-kind gas-solid hydride ion battery...
FULL PROFILE: Meet new Power Minister-designate, Joseph Tegbe
When the Presidency announced Joseph Tegbe as the Power Minister-designate, those familiar with his background and pedigree were elated and applauded President Bola Tinubu...
Dangote Refinery MD flags high cost of solar power
By Dare OlawinThe Managing Director of Dangote Refinery, David Bird, has said that solar power becomes expensive when its full life cycle and system...