KEY POINTS The Transmission Company of Nigeria, TCN, has raised alarm over a surge in attacks on electricity infrastructure in Niger State, confirming that vandals have destroyed 14 spans of …
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KEY POINTS The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has projected that retail cooking gas prices may fall to between ₦900 and ₦1,100 per kilogram by the end …
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KEY POINTS British energy giant Shell has signed a major agreement with Venezuela to advance the development of the Loran offshore natural gas field, which holds an estimated seven trillion …
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KEY POINTS Conoil Plc recorded a remarkable financial performance in the first quarter of 2026, with profit after tax rising sharply to N3.90 billion, reflecting a twelve-fold increase compared to …
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KEY POINTS Global crude oil prices fell sharply on Monday, dropping to about $82 per barrel after the United States, Israel, and Iran reportedly reached an agreement to end months …
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KEY POINTS Dangote Petroleum Refinery has announced a reduction in its petrol gantry price to ₦1,175 per litre, marking a fresh adjustment in Nigeria’s downstream petroleum market. The development represents …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has launched an early retirement programme that has reportedly attracted strong participation, with officials revealing that more than 70 per cent …
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Energy TransitionIn the News
Glencore-Merafe Halts Job Cuts after South Africa Approves Cheaper Electricity Tariff
KEY POINTS The Glencore-Merafe Chrome Venture has suspended planned layoffs after South Africa’s energy regulator approved a reduced electricity tariff of 62 cents per kilowatt-hour for the ferrochrome industry, offering …
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KEY POINTS Global oil prices plunged on Monday after the United States and Iran announced that they had reached an initial agreement aimed at ending their conflict and restoring maritime …
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KEY POINTS The rapid expansion of the Dangote Petroleum Refinery has significantly reduced West Africa’s reliance on imported refined petroleum products, reshaping regional energy trade flows and shipping patterns. New …
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