KEY POINTS South Africa’s state power utility Eskom Holdings SOC Ltd and the country’s energy regulator National Energy Regulator of South Africa have agreed to temporarily suspend legal proceedings over …
KEY POINTS OPEC, the coalition of major oil-producing nations including Saudi Arabia and Russia, has agreed to raise oil production by 547,000 barrels per day starting September 2026. This decision …
KEY POINTS Residents of Waterfront Estate, Sekumade Estate, and the NBC Community in the Ebute area of Ikorodu Local Government Area, Lagos State, took to the streets on Friday to …
KEY POINTS The Minister of Power, Chief Adebayo Adelabu, has directed the Ibadan Electricity Distribution Company, IBEDC, to accelerate the installation of 59,000 free prepaid meters allocated to its customers. …
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission has supervised the official transfer of the OLO Oilfield Host Community Development Trust from TotalEnergies Marketing Nigeria Plc to Aradel Holdings, marking …
KEY POINTS South Africa’s power utility, Eskom, has announced a major electricity price cut of about 29% for two struggling ferrochrome producers. The decision is aimed at helping the companies …
KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …
KEY POINTS A joint investigative hearing by lawmakers into the recent oil revenue directive issued by Bola Tinubu was postponed after the Minister of State for Petroleum Resources (Oil), Heineken …
KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …
KEY POINTS The deputy spokesperson of the House of Representatives, Philip Agbese, has defended the Nigerian National Petroleum Company Limited’s, NNPCL, 7.25 percent equity in the Dangote Refinery. He described …
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