Energy

The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 220 oil blocks across Nigeria are not abandoned but are waiting for new concessionaires to take over through proper licensing …

Falcon Corporation Limited, a leading player in Nigeria’s gas and energy sector, has announced that Mrs Audrey Joe-Ezigbo will become its new Chief Executive Officer effective January 1, 2026. The …

Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …

Malawi and Mozambique are working together to end the power crisis affecting thousands of homes and businesses in Malawi. Officials from both countries are now meeting to speed up the …

Cameroon has taken another major step in boosting electricity supply to its key industries, especially in the southern region. On August 6, 2025, the country’s Minister of Water and Energy, …

Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …

The Federal Government has revealed plans to move five million Nigerian homes to clean cooking by the year 2030 through its Liquefied Petroleum Gas (LPG) penetration programme. This was disclosed …

Conoil Plc, one of Nigeria’s oldest petroleum marketing companies, has reported a significant drop in its profit after tax for the half-year period ended June 30, 2025. According to the …

The Chairman of Libya’s National Oil Corporation (NOC), Engr. Masoud Suleiman, has called on Schlumberger Middle East (SLB), one of the world’s leading oilfield service companies, to establish branches of …