Energy

Global oil prices fell sharply on Wednesday, hitting their lowest levels since February 2021, as escalating trade tensions between the...

The African Export–Import Bank (Afreximbank) has committed $3 billion to finance the trade of refined oil products within the continent...

The Presidential Compressed Natural Gas Initiative (PCNGI) has attracted over $491 million in investments into Nigeria’s AutoCNG sector, creating more...

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) recorded a cumulative energy offtake performance of...

The Federal Government has announced plans to receive the first batch of 3.205 million electricity meters in April 2025, as...

Many electricity consumers residing in Nigeria’s Federal Capital Territory (FCT) have raised concerns over what they describe as discriminatory and...

Dangote Industries Ltd. has pledged that its petroleum refinery will drive the development of ancillary industries in Nigeria. 

The Nigerian Navy has announced the seizure of vessels involved in crude oil theft and the destruction of several illegal...

The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. have signed a pivotal Memorandum of Understanding (MoU) for...

Brent Oil Futures dropped approximately $10 a barrel since yesterday.