Fuel Price Drop Likely as FG Resumes Naira-for-Crude Policy

Oil marketers have assured Nigerians that petrol prices will drop significantly in the coming days as…

FG, China Signs $328.8m Deal to Improve Power Supply

The Federal Government signed a $328.8 million contract agreement with China Machinery Engineering Corporation (CMEC) on…

REAN Kicks Aganist Solar Systems Import Ban

The Renewable Energy Association of Nigeria (REAN) has urged the Federal Government to reconsider its plan…

US Trade Delegation Visits Iraq to Strengthen Economic Ties

A US trade delegation is visiting Iraq to sign economic cooperation agreements. The delegation, which began…

Aramco, Sinopec, Yasref Launch Petrochemical Expansion in Saudi Arabia

Aramco, Sinopec, and Yasref have taken a significant step toward expanding Saudi Arabia’s petrochemical capacity by…

Pakistani Entrepreneur Invests in Thar Coal-to-Gas Plant

A South Africa-based Pakistani entrepreneur is leading a major clean energy initiative in Pakistan’s Sindh province,…

Italian Energy Company to Invest €24bn in North Africa

Italian energy company Eni has announced a €24 billion investment plan in North Africa over the…

Saudi Fund Signs Renewable Energy Deal with Solomon Islands

The Saudi Fund for Development (SFD) has signed a $10 million development loan agreement with the…

Minister of Power Calls For Urgent Structural Reforms 

The Minister of Power, Adebayo Adelabu, has stressed the urgent need for structural reforms in Nigeria’s…

Chinese Buyers Resell U.S. LNG as Tariffs Rise and Demand Falls

Chinese LNG buyers are actively reselling U.S.-sourced cargoes as tariffs increase import costs. According to traders…