Nigeria’s combined crude oil and condensate output rose 2.34% to 1.717 million barrels per day in…
Category: News
Shell Agrees to Sell Nigerian Gas Distribution Business to Vaaris Energy
Shell has agreed to sell its Nigerian gas distribution business to Vaaris Energy, pending regulatory approvals.…
EU Considers Windfall Tax on Oil and Gas Profits
The European Union is examining a bloc-wide windfall tax on oil and gas companies as soaring…
Transmission Towers Collapse cutting Power To Nasarawa Stations
Three towers collapsed along the 132kV Karu-Keffi-Akwanga corridor during rain and wind, cutting supply to all…
Renewables Challenge Asia’s LNG Power Expansion Plans
Geopolitical tensions, rising costs and equipment shortages have stalled several LNG power projects across emerging Asia.…
BII Targets $1.6 Billion for Southeast Asia Climate Finance
British International Investment plans to commit $1.6 billion to climate finance across Southeast Asia over five…
NBET Begins Part-Payment of ₦4 Trillion Debt to GenCos
NBET begins settling power generators and gas suppliers through ₦728.98 billion in bonds under the Federal…
Oil Prices Rise as Saudi Attacks Raise Supply Concerns
Brent crude hits a near two-week high as attacks on Saudi Arabia raise supply concerns. Tanker…
Endurance Energy Expands clean energy infrastructure Solutions
Endurance Energy Equipment Co., Ltd. offers integrated equipment for compressed natural gas (CNG), liquefied natural gas…
Reps summon TCN over N446.7bn unrecovered from public agencies
The house public accounts committee will question TCN over its unpaid balance and recovery efforts. The…