In the News

KEY POINTS The Chief Executive Officer of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has defended Nigeria’s continued electricity supply to Togo despite persistent domestic shortages, insisting the country …

KEY POINTS US President Donald Trump has postponed planned military strikes on Iranian power plants and energy infrastructure for five days, saying Washington and Tehran have held “very good and …

KEY POINTS Egypt petroleum ministry has announced that the country will pay $1.3 billion in arrears to international oil companies by June, advancing its previously scheduled repayment timetable. The move …

KEY POINTS Eskom has outlined an ambitious plan to eliminate load reduction by 2027 through a phased nationwide smart meter rollout. The initiative, highlighted in its latest power system update, …

KEY POINTS Global crude oil prices closed the week ending March 20, 2026, at $112 per barrel, marking an 8.22% weekly increase. Brent Crude Futures have climbed more than 53% …

KEY POINTS Algeria, the world’s third-largest oil producer, is making significant progress on the long-stalled $13 billion Trans-Sahara Gas Pipeline, a 4,100-kilometre initiative aimed at transporting natural gas from West …

KEY POINTS The Dangote Petroleum Refinery has reinforced Nigeria’s position in Africa’s energy market after exporting 456,000 tonnes of refined petroleum products through 12 cargoes handled by international traders. The …

KEY POINTS Nigeria continues to maintain one of the lowest fuel prices globally despite recent increases linked to geopolitical tensions in the Middle East. Data from GlobalPetrolPrices.com shows fuel in …

KEY POINTS Iran has warned it could shut the Strait of Hormuz indefinitely if the United States carries out threats to attack its power infrastructure. The warning followed a 48-hour …

KEY POINTS A major blackout has hit several parts of Lagos State following a fire outbreak along the Lekki-Epe Expressway, the Eko Electricity Distribution Company, EKEDC, has confirmed. The blackout …