By Omolede Temitayo Published January 2, 2024 DNV, a global independent energy expert and assurance provider, has signed an agreement with leading EPC contractor Petrojet to support green hydrogen projects in Egypt. The memorandum of understanding (MoU) aims to scope...
- March 23, 2023
- 2 Min Read
By Omajuwa Oghenetega Andrew The scale of Hydrogen production proposed, a massive 10 million tons per year by 2030, poses significant problems to the European Union’s climate ambition, energy security and consumer welfare. With the current energy crisis, reducing dependence...
- March 9, 2023
- 5 Min Read
By Omajuwa Oghenetega Andrew Hydrogen’s role in decarbonisation works only under strict conditions. Limited by its inefficiency, delivering climate-credible solutions would mean ensuring additional renewables are deployed at the scale and pace to meet the electricity demands of hydrogen production and...
- March 9, 2023
- 2 Min Read
By Omajuwa Oghenetega Andrew New Global Gateway grant of €24 million from the European Union to accelerate implementation of the Gambia Renewable Energy project. Project axed on electrify schools and health centres across the Gambia with reliable green energy: more than...
- March 9, 2023
- 4 Min Read
By Paul Ijeoma Evans Published January 18, 2024 ExxonMobilXOM -1.9% became the second U.S. major integrated oil company to report record high profits during 2022 on Tuesday, announcing it had earned $55 billion for the calendar year. Exxon’s announcement came on the...
- March 9, 2023
- 4 Min Read
By Aguolu Michael Okechukwu Nigeria pumped additional 31.1 million barrels of crude oil within a space of four months following improvements in security in the country’s oil-producing Niger Delta region, the Organisation of Petroleum Exporting Countries has said. Latest data...
- February 22, 2023
- 4 Min Read
By Aguolu Michael Okechukwu The world is set to add as much renewable power over 2022-2027 as it did in the past 20, according to the International Energy Agency. This is making energy storage increasingly important, as renewable energy cannot...
- February 22, 2023
- 5 Min Read
By Aguolu Michael Okechukwu Australia’s natural renewable energy advantage in the race to create a green hydrogen industry is at risk of being overwhelmed by “huge and aggressive” policy support in the US and the Middle East, according to Fortescue...
- February 22, 2023
- 4 Min Read
