African energy news: power generation, electricity tariffs, renewables, gas and the investments reshaping energy supply across the continent.
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it plans to deploy between 50 and 70 smart, self-service energy stations across Nigeria within the next six months. “Turning From …
Nigerian oil marketers are preparing to increase petroleum product prices following a surge in international crude prices above $100 per barrel. Middle East Tensions Push Oil Prices Higher The rise …
Oil prices climbed above $100 a barrel on Wednesday for the first time since July as renewed fighting between the United States and Iran, along with continuing Houthi attacks in …
Petrol prices at filling stations across Nigeria have remained above ₦1,300 per liter despite a decline in depot prices, widening concerns over the gap between wholesale and retail rates. Depot …
The House of Representatives has commenced an investigation into more than ₦432 billion in outstanding obligations owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) by oil companies …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing renewed scrutiny after the Auditor-General for the Federation uncovered more than N432bn in unpaid debts, statutory levies and other …
Nigeria and the International Energy Agency (IEA) have signed a Joint Work Programme (JWP) aimed at strengthening cooperation in energy data, policy development and investment across the sector. The agreement, …
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has called on the Federal Government to take urgent steps to strengthen Nigeria’s domestic refining industry and reduce the country’s reliance …
The Nigeria Labour Congress (NLC) has criticised the latest increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, describing the adjustment as “avoidable and unacceptable.” The …
Nestoil Group has invested approximately $28 million in two drilling rigs as part of its efforts to increase crude oil production and expand indigenous drilling capacity in Nigeria. The company …
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