Energy

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that President Bola Tinubu’s economic reforms have brought in N6.9 trillion in government revenue from …

The Federal Government has signed a massive $1.5 billion (R27 billion) loan agreement with the World Bank to help address serious infrastructure problems that have slowed down Nigeria’s economic growth …

Construction of the East African Crude Oil Pipeline (EACOP) has now reached 62 percent completion, with officials confirming that the entire project will be ready by June 2026. This was …

Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …

Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called on African countries to unite and form a strong regional partnership to develop the continent’s vast natural gas …

The National Planning Commission (NPC) Director General, Dr. Kaire Mbuende, has said the Namibian government is fully committed to utilising all available energy sources in the country to boost electricity …

The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …

French energy giant, TotalEnergies, has announced a new plan to begin the large-scale production of biofuels using used cooking oil, as part of its broader strategy to promote clean and …

President Cyril Ramaphosa has reaffirmed South Africa’s commitment to stronger ties with the Group of Seven (G7), describing the bloc as a strategic ally in key national priorities such as …

Oil marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), commonly known as petrol, as they try to remain in business and …