Energy

On April 28, 2026, the United Arab Emirates (UAE) announced its withdrawal from OPEC and OPEC+, effective May 1, 2026. 

Neconde Energy has discontinued its case against the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which bordered on the alleged approval...

Cooking gas prices surged in March 2026, with the average cost of refilling a 5kg cylinder rising to N7,655.73, while...

Nigeria’s inflationary pressure on transport fuels intensified in March 2026 as petrol and diesel prices surged to N1,288.54 per litre...

The United Arab Emirates (UAE) has announced plans to leave the Organization of the Petroleum Exporting Countries (OPEC) and the...

The Federal Government has moved to stabilise Nigeria’s aviation sector by capping jet fuel prices and introducing a 30-day credit...

Nigeria’s ongoing electricity sector reforms hinge on clearer regulatory frameworks and stronger coordination between federal and state authorities. 

Nigerian crude and other major contracts rose as efforts to resume peace talks over the Iran war stalled and the...

The African Energy Chamber (AEC) has welcomed the Federal Government’s intervention in the Dawes Island marginal field dispute, describing it...

The Lagos State Government has signed Power Purchase Agreements (PPAs) and concession arrangements with three independent power producers (IPPs) as...