In the News

KEY POINTS Former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, has been acquitted of all bribery-related charges by a London court, bringing to a close an 11-year legal saga surrounding …

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 …

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 …

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 …

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 …

Liberia’s electricity regulator and the University of Liberia have signed an agreement to build the country’s first energy auditing curriculum for the sector.

Nigeria’s Atomic Energy Commission says the country needs nuclear power and long-term energy strategy to compete in the global AI and technology revolution.

Aliko Dangote has secured a $600 million loan from the Africa Finance Corporation to expand fertiliser production and generate $4 billion in annual export earnings.

Chevron says Cyprus is a natural fit for the East Mediterranean’s energy future as the Aphrodite gas field moves closer to a final investment decision.

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 …