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Nigeria is now the biggest petrol importer globally

Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.

read more... 02/03/2018

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EBRD to fund project that links South Gas Corridor with Western Europe

The European Bank for Reconstruction and Development (EBRD) is offering 60 million euros as a loan for the development of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA).

read more... 26/02/2018

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Eurasian Development Bank will back coal production in Kazakhstan

The Eurasian Development Bank (EDB) and Bogatyr Komir company inked a loan accord to fund Bogatyr Komir’s investment program aiming to modernize coal generation processes at the Bogatyr mine.

read more... 23/02/2018

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Renewable gas could save Europe €140 billion annually

The smart use of green gas is necessary for Europe to reach its climate targets and could save around €140 billion (£124 billion) every year.

read more... 23/02/2018

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EU might double renewables in the energy mix by 2030

The EU might double the volume of green energy in its energy mix, hitting a share of 34% by 2030, according to the International Renewable Energy Agency (IRENA), which mentions that this is possible with current technologies and would need an estimated investment of approximately �62 billion (�54.7 billion) per year.

read more... 21/02/2018

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