Energy

The Nigerian Economic Summit Group (NESG) has projected that escalating geopolitical tensions in the Middle East could deliver a massive...

The United States has issued a temporary waiver allowing countries to purchase certain Russian oil supplies currently stranded at sea...

The Infrastructure Concession Regulatory Commission (ICRC) says the Federal Government-approved Ikom Multipurpose Dam and 250MW Hydropower Project has formally commenced...

The International Energy Agency (IEA) has expressed concerns that the war in the Middle East is triggering the largest supply...

Electricity distribution companies in Nigeria are facing renewed financial pressure following a directive by the Nigerian Electricity Regulatory Commission (NERC)...

Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February 2026. 

Oil prices surged on Thursday as Iran intensified attacks on oil and transport facilities across the Middle East, sparking fears...

The Federal Government has reaffirmed its commitment to market-based petrol pricing, saying it will not introduce price controls despite rising...

Oando Plc has announced it may be unable to publish its audited 2025 financial statements by the March 31, 2026;...

The International Energy Agency (IEA) has announced plans to release 400 million barrels of oil to ease the global supply shortage.