Sumitomo Corporation increased its fiscal 2026 net profit forecast by 6% to 670 billion yen ($4.3…
Author: Adetomiwa Adejumo
Canada’s Proposed Biofuel Rules Face Industry Criticism
Canada’s proposed biofuel incentives aim to improve domestic producers’ competitiveness against US manufacturers, but industry groups…
Shell Sells Australia LNG Stake to XRG for $1.45bn
Shell agreed to sell its 16.67% stake in Australia’s North West Shelf LNG project to Abu…
Aramco Profit Jumps 34.5% Despite Attacks
Saudi Aramco recorded a 34.5% increase in third-quarter net profit to $36.25 billion, driven by higher…
Dangote Refinery Cuts Petrol Price to N1,215 Per Litre
Dangote Refinery reduced its petrol gantry price by N35, from N1,250 to N1,215 per litre. IPMAN…
NSCDC Arrests Five Over Illegal Diesel Refinery in Kano
NSCDC operatives uncovered an illegal diesel refinery in Panisau, Ungogo Local Government Area of Kano State,…
FG Distributes Clean Cooking Stoves to 330 Ondo Residents
NASENI distributed locally manufactured solar home systems and clean cooking stoves to 330 beneficiaries across Ondo…
FG Urged to Provide Low-Interest Loans for Solar Manufacturers
Energy experts called for affordable financing, stronger quality control and phased localisation to strengthen Nigeria’s solar…
CBN Appoints 10 Agents to Monitor Nigeria’s Oil and Gas Exports
The Central Bank of Nigeria has appointed eight pre-shipment inspection agents and two monitoring agents for…
FG Targets 2027 Start for $100m South-East Gas Pipeline
The Federal Government plans to begin construction of a 400-kilometre gas pipeline across five South-East states…