The Federal Government has disclosed through the Rural Electrification Agency (REA) that over 100 electricity mini-grids…
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Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
OPEC Criticises Call to Halt New Oil Project Investments
The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…
Nigeria Imports 23.5 Billion Litres of PMS in 2022
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria imported 23.5 billion litres of…
NERC Licenses 17 Independent Network Operators
The Nigeria Electricity Regulatory Commission (NERC) said it had licensed 17 Independent Electricity Distribution Networks (IEDN)…
British Investment to Fund Indian Climate Projects
British International Investment (BII), the United Kingdom government’s development finance institution, plans to invest about $1…
FG Pledges to Improve Power Sector for Manufacturers
The Federal Government has reiterated plans to improve the power sector. This improvement involves cutting down…
NMDPRA to Construct 500MT LPG in Abuja
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted Noretek Energy approval to construct…
Guyana Offers ExxonMobil More Investment Than Nigeria
Guyana-Suriname Basin, an Atlantic-margin basin in South America, is offering ExxonMobil Corp. better terms than Nigeria.…
FG to Generate 20,000MW of Electricity in Three Years
Minister of Power, Adebayo Adelabu, has pledged on behalf of the federal government to generate 20,000MW…