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Transmission lines supplying electricity to parts of Nigerias capital Abuja have been targeted by vandals again disrupting flow to...

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By Delicia Janneire December 7 2024 Residents of New Forest in East Canje Berbice will soon experience the convenience of electricity for the first time with the service expected to be provided just before Christmas. Finance Minister Dr. Ashni Singh announced this during an outreach session with the community. The initiative is part of the governments ongoing efforts to expand electricity access to remote and underserved areas across the country. The Ministry of Finance in collaboration with the Guyana Power and Light Inc. (GPL) has worked to make this possible in time for the holiday season following instructions from President Irfaan Ali. Minister Singh acknowledged that while the project faced delays—originally slated for completion in July—the team overcame several unforeseen challenges including issues related to the electrical lines. He expressed his satisfaction in fulfilling the Presidents directive and bringing electricity to the residents of New Forest. The project will connect…

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December 7 2024 Guyana is advancing towards a renewable energy future with the commissioning of a 0.65-megawatt grid-forming solar photovoltaic farm in Mahdia Region Eight. The $362.41 million project funded by the Inter-American Development Bank aims to provide sustainable energy reduce costs and lower carbon emissions. The solar farm is projected to save $80.5 million annually by cutting diesel consumption by over 309000 liters and reducing carbon emissions by 672561 kilograms. With a 1500-kWh battery energy storage system it will supply 935 MWh of electricity annually benefiting approximately 3000 residents. The farm will also support Mahdias existing mini-grid ensuring stable power even during peak demand. Prime Minister Mark Phillips highlighted the governments ongoing efforts to bridge the energy divide between the Hinterland and Coastland. He also pointed out that the Mahdia solar farm is part of a larger initiative that includes solar installations in Lethem and Bartica with additional improvements…

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Mark Carney Chrystia Freeland and Pierre Poilievre are seen as possible contenders for Prime Minister. Heres how they stack up on energy

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Eterna Plc has announced the appointment of Olumide Adeosun as its new managing director and chief executive officer effective February...

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By Josiah Williams | December 4 2024 Regulatory stability will play a crucial role in securing future investments in the Guyana-Suriname Basin according to Alistair Routledge President of ExxonMobil Guyana. Routledge made this statement during an appearance on the Energy Perspectives podcast a weekly series leading up to the Guyana Energy Conference and Supply Chain Expo. Routledge emphasized that consistency in the legal and regulatory environment is essential for fostering long-term investment in the petroleum sector. He highlighted that the stability of the regulatory framework allows investors to plan with confidence knowing that the rules will remain constant and that investments will materialize over time. This comes as Guyana anticipates having six oil projects in operation by 2028 with a projected daily production of 1.3 million barrels of oil while neighboring Suriname is expected to add 200000 barrels per day. Routledge also shared insights into Exxons ongoing projects specifically the…

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reached with the Dangote refinery under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN).

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OPEC said the Dangote Refinery has significantly reduced Nigerias reliance on imported European refined products. In its Monthly Oil...

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The Nigerian National Petroleum Company Limited (NNPCL) has declared that it remitted N10 trillion to the Federation Account...

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Andrew Botterill energy and resources partner at Deloitte Canada discusses the outlook for the oil and gas sector. Watch the video.

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The Nigerian Electricity Regulatory Commission (NERC) has confirmed the readiness of four state governments including Enugu Ekiti Ondo...