NNPC Ltd Declares State of Emergency on Crude Oil Production
… Calls for Collaboration to Reduce Production Cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared...
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Introducing a simpler way to shop for your solar systems
Access to electricity has become an ever-growing challenge in Nigeria. People are faced with skyrocketing fuel prices leaving many in darkness. Businesses struggle, homes are...
Electric cars dominate list of the biggest used car price drops so far in 2024
Electric cars dominate the list of the used cars that have lost the most money so far in 2024 – with some losing more than...
‘Game-Changer’: Kia EV3 Gets Over 10,000 Reservations In 23 Days
In the wake of so many pessimistic news pieces about a slowdown in the EV industry, Kia comes along with its boxy EV3 and asks,...
Major Japanese insurers to offload $3.1 billion of Honda shares
Four of Japan’s top property and casualty insurers and other financial firms plan to sell around 500 billion yen ($3.1 billion) of shares in Honda...
Germany, Morocco Partner for Green Hydrogen, Renewables
Germany and Morocco are establishing a joint alliance on climate and energy issues. The focus of the new partnership is on increased cooperation in climate...
Egyptian consortium to import U.S. shale gas to tackle short gas supplies
Shale gas to address a shortage in natural gas supplies that forced several chemical factories to temporarily shut down twice in June. Sidi Kerir Petrochemicals...
Shell pauses Dutch biofuels plant construction due to cost
Shell Plc (LON:SHEL) has temporarily paused construction of a biofuels plant in the Netherlands in order to seek ways to cut the cost of the...
TotalEnergies Acquires Finnish Base Oil Reprocessing Firm
TotalEnergies SE has acquired Tecoil, a Finnish company specialized in the production of re-refined base oils (RRBOs), which the company says has the most efficient...