Prime Minister Pedro Sánchez urged lawmakers to remain patient as Spain continues investigating a massive power…
Category: Prospects & Challenge
Oil Prices Goes Up as US-China Talks Resume, EIA Lowers Forecast
Oil prices climbed on Wednesday, May 7, as traders reacted to renewed US-China trade talks and…
Shell Eyes BP as Oil Giants Stir Merger Buzz
After reports suggested Shell might pursue an acquisition, BP shares climbed on Monday, May 5. Investors…
NLNG to Spotlight Nigeria’s Gas Potential at China’s WGC 2025
Nigeria Liquified Natural Gas (NLNG), alongside national oil companies, would be presenting key projects initiatives and…
Tariff Hike, No Light: Nigerians Say Enough
According to a Businessday poll, most Nigerians oppose the recent electricity tariff hike and subsidy cut.…
Nigerian Government to Offset N4 Trillion Debt to GenCos
The federal government of Nigeria has pledged to address the N4 trillion debt owed to Power…
Chevron, Shell Shift Focus to Mediterranean as Red Sea Exploration Falters
Oil giants Chevron and Shell have exited Egypt’s Red Sea exploration blocks after their drilling efforts…
Estimated Billing: Punch Urges NERC to Close Metering Gap
In an article by Punch Editorial Board, the newspaper criticised the continued use of estimated billing…
Nigeria Seeks $410bn to Achieve Net-Zero by 2060
The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for international cooperation…
China Greenlights 10 Nuclear Reactors to Boost Energy Capacity by 2025
China’s State Council has approved the construction of ten new nuclear reactors across five provinces, ramping…