Green Energy International Limited (GEIL), an indigenous oil and gas company, has launched Nigeria’s first onshore crude oil export terminal in over five decades. Located at Otakikpo in Rivers State, …
Energy
- BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
- EconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructureNigeria
FG’s Debt to Power Sector Hits ₦982.4bn as Electricity Subsidy Rises in First Five Months of 2025
The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
- AfricaEnergyInfrastructureInnovationNigeriaOil & Gas
SPIE Unveils Hybrid Solar-Diesel Energy Plant at PHRC, Pushing Nigeria Closer to Clean Energy Future
In a major step toward clean and sustainable energy adoption in Nigeria’s oil and gas sector, SPIE Global Services Energy has commissioned a cutting-edge 15kWp Off-Grid Hybrid Solar Diesel Energy …
- BusinessEnergyEnvironmentGOVERNMENTNigeriaTransportation & Logisitics
Shafa Energy Launches CNG Station in Abuja to Support Nigeria’s Shift to Cleaner, Cheaper Fuel
Shafa Energy, a subsidiary of AYM Shafa Holdings Limited, has launched its compressed natural gas (CNG) brand, Shafa CNG, with the unveiling of a new station in Abuja. The move …
- EconomyEnergyNigeriaOil & Gas
Nigeria’s Oil Export Revenue Drops 17% in Early 2025 Despite Output Rise
Nigeria’s earnings from crude oil exports fell sharply in the first two months of 2025, dropping by 17 percent year-on-year to $6.68 billion, according to figures from the Central Bank …
- DevelopmentEnergyGOVERNMENTInfrastructurePolicies
NERC Introduces Transmission Infrastructure Fund with N2.17/kWh Levy to Boost Nigeria’s Power Sector
The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …
- GOVERNMENTNewsNigeriaOil & Gas
Jigawa Taskforce Warns Fuel Stations Against Meter Manipulation, Begins Statewide Crackdown
The Jigawa State Taskforce on Petroleum Monitoring, Sale, and Distribution has issued a strong warning to fuel station operators across the state, cautioning them against manipulating fuel dispensers to cheat …
- BusinessEconomyEnergyEnvironmentGOVERNMENTSouthern Africa
South Africa to Launch National Petroleum Company as Energy Sector Eyes Sustainable Future
Stakeholders in the oil and gas industry are preparing to gather for the official launch of the South African National Petroleum Company (SANPC) — a major milestone in the country’s …
- BusinessDevelopmentEnergy
Harmony Gold to Buy Australia’s Mac Copper for $1.03 Billion in Push for Copper Expansion
South Africa’s largest gold producer by volume, Harmony Gold Mining Company Limited, has reached an agreement to acquire Australian copper mining company Mac Copper Ltd in a deal valued at …
- DevelopmentEnergyGOVERNMENTInfrastructureLeadershipPolitics
Former Edo Deputy Speaker Commissions 500KVA Transformer in Efandion Community, Pledges More Development
The immediate past Deputy Speaker of the Edo State House of Assembly, Rt. Hon. (Mrs) Maria Oligbi-Edeko, has delivered a major infrastructural boost to the Efandion community in Esan North-East …