KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has called on the Federal Government to provide relief measures for citizens following the recent rise in global …
KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Ahmed Tinubu to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), …
KEY POINTS Oil prices rose sharply on Monday as the conflict between the United States, Israel, and Iran entered its third week, intensifying concerns over global supply. Brent crude, the …
KEY POINTS Britain’s two largest energy companies, Shell and BP, are poised to benefit from the ongoing geopolitical tensions surrounding the Strait of Hormuz, potentially capturing a combined £5 billion …
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced that the long-standing practice of oil companies holding petroleum licences without developing the associated assets has effectively come to …
KEY POINTS The National Energy Regulator of South Africa, Nersa, has announced a new schedule for municipalities and electricity distributors to submit their tariff applications for the 2026/27 financial year. …
KEY POINTS Eskom is losing an estimated R6 billion annually in KwaZulu-Natal due to widespread electricity theft, with around 50% of its 1.2 million provincial customers illegally accessing power. Many …
KEY POINTS The National Energy Regulator of South Africa, NERSA, has approved an electricity tariff increase of 8.76% for Eskom direct customers and 9.01% for municipal distributors for the 2026/27 …
KEY POINTS The ongoing war in Iran pushed Brent crude oil prices above $100 per barrel, rising 9.2% to settle at $100.46. Stock markets worldwide suffered sharp losses, with the …
KEY POINTS Chevron Nigeria Limited has reaffirmed its dedication to promoting socio-economic development in the Niger Delta, highlighting continued collaboration with government agencies, local communities, and development bodies. The company …
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