Tag:oil companies

NEITI tasks oil companies to prioritise host communities’ devpt

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged oil companies operating in Nigeria to prioritise the development of their host communities. NEITI’s Executive Secretary,...

Oil companies’ decarbonisation scenarios inconsistent with Paris Agreement – Report

A new study by Climate Analytics finds institutional decarbonisation scenarios from major oil companies would be classified as inconsistent with the Paris Agreement as they fail to...

Oil companies to incorporate host community development trust – PIB

Oil companies operating in Nigeria are expected to incorporate a host community trust for social and economic benefit from petroleum operations in the host...

Why oil firms should plan for low carbon future – Report

Five out of the world’s six largest listed oil companies risk wasting over 30% of their spending – with a total value of $2.3...

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Grid-connected power plants generate 4,102MWh in February – NERC

The Nigerian Electricity Regulatory Commission (NERC) on Friday, March 13, 2026, said that grid-connected power plants recorded an average...
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UK risks losing energy investment without bankable revenue support – EIC

More UK energy projects are getting stuck before final investment decisions because developers cannot secure bankable offtake deals and...

Heatwave, epileptic power supply worsen hardship in Lagos

Residents across several communities in Lagos have decried the intense heatwave, erratic electricity supply and fuel price increase, ...

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Grid-connected power plants generate 4,102MWh in February – NERC

The Nigerian Electricity Regulatory Commission (NERC) on Friday, March...

UK risks losing energy investment without bankable revenue support – EIC

More UK energy projects are getting stuck before final...