In the News

KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …

KEY POINTS French multinational energy company, TotalEnergies SE, has signed a 10-year contract to supply renewable electricity to Data4’s data centres in Spain. The agreement, set to begin in 2026, …

KEY POINTS The Enugu Electricity Distribution Company, EEDC, has kicked off the second phase of its free prepaid meter rollout under the “Tranche B” of the Meter Acquisition Fund, MAF, …

KEY POINTS Shell Nigeria is shining a light on its six-decade presence in the country’s energy landscape at this year’s International Conference and Exhibition of the Nigerian Association of Petroleum …

KEY POINTS Petroleum marketers across Nigeria are rethinking their import plans after the Dangote Petroleum Refinery slashed its ex-depot price for petrol by N49 per litre, a move that could …

KEY POINTS The Nigerian Presidency is weighing significant changes to the ownership structure of the Nigerian National Petroleum Company Limited, NNPC, as concerns mount over the state firm’s limited contribution …

KEY POINTS ExxonMobil Egypt has organised a dedicated workshop titled “ExxonMobil Egypt Power Generation Seminar” to strengthen the operational capabilities of the country’s energy sector. The seminar, held recently in …

KEY POINTS Oil prices gained on Monday as signs emerged that the prolonged US government shutdown could soon end, fuelling optimism about renewed demand from the world’s largest consumer of …

KEY POINTS The Eko Electricity Distribution Company, Eko DisCo, has reaffirmed that its prepaid meters remain entirely free, cautioning customers to avoid unauthorised agents demanding money for installations or registration. …

KEY POINTS Downer EDI Limited has signed a long-term maintenance and services deal with Chevron Australia that could be worth as much as $750 million over 15 years, marking a …