In the News

KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has approved the appointment of Sherifat Adegbenro as the acting Chief Executive Officer of Eko Electricity Distribution Company (EKEDC). The approval was …

KEY POINTS The United States has warned the European Union to implement a previously agreed trade deal without amendments or risk losing favourable access to liquefied natural gas, LNG, shipments …

KEY POINTS South Africa’s Supreme Court of Appeal has ordered power utility Eskom to disclose its coal and diesel supply contracts, in a landmark ruling expected to shed light on …

KEY POINTS Kazakhstan and Shell have agreed to strengthen cooperation in the oil and gas sector following talks between Kazakhstan’s Energy Minister Yerlan Akkenzhenov and Shell Chief Executive Officer Wael …

KEY POINTS Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February 2026, according to data released by the Nigerian Upstream …

KEY POINTS Electricity distribution company Ikeja Electric has attributed the worsening power outages across Lagos to a nationwide decline in electricity generation. The company said the development has significantly reduced …

KEY POINTS Electricity distribution companies have attributed ongoing blackouts across Nigeria to inadequate generation from the country’s hydro power plants. The Chief Executive Officer of the Association of Nigerian Electricity …

KEY POINTS The Federal Government has announced plans to address persistent gas shortages affecting electricity generation, as unstable power supply continues across Nigeria. Minister of Power, Adebayo Adelabu, disclosed that …

KEY POINTS The International Energy Agency, IEA, has revealed that more than 40 energy assets across nine Middle East countries have been severely or very severely damaged amid the ongoing …

KEY POINTS Nigeria’s petrol import bill fell to $10 billion in 2025, a 28.88% drop from $14.06 billion in 2024, according to the Central Bank of Nigeria (CBN). The reduction …