In A move to bring certainty and predictability to electricity pricing, the cabinet has approved the electricity pricing policy.

The minerals and energy department is assessing private sector interest in future renewable energy projects.

Power generation technology supplier GE Energy and petrochemicals group Sasol have signed a 15-year service agreement that will see the US group install and maintain gas turbines at Sasol's new power plant in Secunda, Mpumalanga.

Nigeria's crude oil export has suffered another major setback as the soon-to-expire-month crude contract hit yet another 22-month intra-day low as energy prices continued to fall on the New York futures market amid persistent signs of a weakening economy.

Shell Petroleum Development Company of Nigeria (SPDC) joint venture and the Bayelsa State Government have signed an N7.5 billion partnership agreement that would set the groundwork for the re-construction of a 12.9-kilometre section of the Edepie/Tombia road in Bayelsa State.

The Senate President, David Mark, has acknowledged that the sum of N178 billion committed as subsidy for consumers of power in the country by the Federal Government would in the nearest future yield positive results.

Former governor of Akwa Ibom State, Obong Victor Attah was one of the South-south governors that championed the cause for resource control and development of the Niger Delta area. In this interview with ROLAND OGBONNAYA, he looks at the area

South African companies will find it challenging to meet targets for reducing their greenhouse gas emissions unless there is a significant shift in how Eskom generates its power, says a report on carbon emissions among SA's biggest companies.

The world's national oil companies have predicted a further fall in international crude oil prices to as low as $40 per barrel in the days ahead, suggesting that the $45 per barrel crude oil benchmark proposed for the 2009 budget

The production of bio-fuels in Angola represents a challenge to the Government that has as its strategic priority the fight against poverty that affects most of the population, as a result of the 30-year civil war that devastated the country.

Ugandan President, Yoweri Museveni yesterday sought Nigeria's assistance on the exploration of the crude oil recently discovered in his country.

The Nigerian economy has not been very competitive in the global scene despite its huge natural resources, an economist from the World Bank has said.

It was Thursday last week that Rwanda learnt for sure that the methane gas in the Kivu can be harnessed to produce electricity. A seemingly impossible dream had come true.

Outgoing Swedish Charge d'Affaires Lena Johansson Blomstrand has had a long-standing relationship with liberation movements in southern Africa.

The continuing decline in oil prices since August this year, deriving mainly from the financial meltdown that started in Wall Street has now virtually engulfed the whole world. Since 2004, oil prices witnessed a sustained rise which hit US$100 per

As Nigeria settles for $45 a barrel for its 2009 budget benchmark, oil prices yesterday fell below $50 a barrel amid fears of a recession and expectations that demand will drop.

Security Joint Task Force (JTF) in the Niger-Delta said yesterday that its troops successfully foiled an attack launched by militants on the United States of America (USA) oil multi-national, Chevron, at Escravos, Warri South-west Local Government Area of Delta State.