Energy
Oil & Gas and Power Sector related news
Oil prices drop as investors expect Trump to relax Russian sanctions
Oil prices dropped slightly on Monday as investors expect U.S. President-elect Donald Trump to relax the sanctions imposed on Russia’s...
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More than 18 transmission towers vandalized across 3 states between January 9 and 14, 2025 – TCN
The Transmission Company of Nigeria (TCN) has reported a surge in incidents of vandalism, with 18 transmission towers targeted between...
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Dangote Refinery confirms hike in fuel price, blames soaring global oil prices
The Dangote Group has confirmed the reported hike in the depot price of Premium Motor Spirit from its refinery The...
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AfDB, PowerGen partner with Global Investors to scale renewable energy across Africa
The African Development Bank (AfBD) and PowerGen Renewable Energy (PowerGen) have announced a strategic partnership with leading international investors to...
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Africa Energy Summit 2025: World Bank, AfDB lead mission to electrify 300 million Africans by 2030
The World Bank and African Development Bank (AfDB) have launched a transformative energy agenda at the Africa Energy Summit 2025,...
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Crisis among oil distributors and transporters may lead to petrol scarcity in Rivers – PETROAN
The Petroleum Products Retail Outlets Owners Association (PETROAN) has called on the Rivers State governments to intervene in a crisis...
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Crude supply: CORAN urges FG to support local refineries with assets
The Crude Oil Refinery-owners Association of Nigeria (CORAN) has called on the Federal Government to consider supporting local refineries with...
Read moreDetailsPower outage as vandals strike in Abuja again, remove 132kV underground cables
The Transmission Company of Nigeria (TCN) has reported a significant act of vandalism targeting its power infrastructure in Abuja.
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Nigeria recorded over 589 oil spills in 2024, most caused by oil theft
Nigeria recorded at least 589 oil spills in 2024, according to data mined from the Oil Spill Monitor, a satellite...
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FG launches campaign to convert 10,000 commercial vehicles into CNG in 10 weeks
The Federal Government has launched the 10-for-10 Campaign to convert 10,000 commercial vehicles to run on Compressed Natural Gas (CNG)...
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