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 …
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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. …
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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 …
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Energy TransitionIn the News
Power Relief for Industry: Eskom Cuts Electricity Price by 29% to Save Jobs
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 …
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In the NewsMarketsOil & Gas
Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion
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 …
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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 …
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In the NewsOil & Gas
FG Launches National Gas Infrastructure Command Centre to Boost Transparency and Gas Production
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 …
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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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KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has disclosed that Nigeria needs about 22 billion dollars in fresh investment to complete its planned gas pipeline network, warning that …