Egypt and Germany Strengthen Energy Partnership Across Gas, Renewables and Technology Transfer
Egypt and Germany Strengthen Energy Partnership Across Gas, Renewables and Technology Transfer Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, met with Frank Wetzel, Germany’s State Secretary at the Federal Ministry for Economic Affairs and Energy, to discuss expanding bilateral cooperation across the natural gas, renewable energy, and technology transfer sectors. Badawi reviewed recent […]
International Oil Companies Divest Over $6 Billion in Nigerian Assets Amid Security Concerns and Energy Transition
International Oil Companies Divest Over $6 Billion in Nigerian Assets Amid Security Concerns and Energy Transition Growing insecurity and the global shift to cleaner energy have been identified as major factors contributing to asset divestment by operating international oil companies in Nigeria. More than $6 billion in onshore and shallow-water assets have been divested by […]
Ogun State Set to Join Nigeria’s Oil Producing States as Tinubu Approves Commercial Drilling
Ogun State Set to Join Nigeria’s Oil Producing States as Tinubu Approves Commercial Drilling In a major economic development, Ogun State is poised to join Nigeria’s league of oil-producing states following President Bola Ahmed Tinubu’s approval for commercial oil drilling operations at Tongeji Island in Ipokia Local Government Area. Governor Dapo Abiodun made this groundbreaking […]