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In the News

  • Energy TransitionIn the News

    Southeast Blackout Caused by Transmission Fault, Not National Grid Collapse

    by Ikeoluwa Juliana Ogungbangbe February 24, 2026
    by Ikeoluwa Juliana Ogungbangbe February 24, 2026

    KEY POINTS The Nigerian Independent System Operator, NISO, has clarified that last Thursday’s power outage across parts of Nigeria’s Southeast was not the result of a national grid collapse but …

  • In the NewsMarketsOil & Gas

    Chevron Emerges Front-Runner to Take Over Major Iraqi Oil Field

    by Ikeoluwa Juliana Ogungbangbe February 24, 2026
    by Ikeoluwa Juliana Ogungbangbe February 24, 2026

    KEY POINTS Chevron Corp. has positioned itself as the leading contender to assume control of Iraq’s second-largest oil complex after signing preliminary agreements with Basra Oil Co. for exclusive negotiations …

  • In the News

    PENGASSAN Urges Nigeria to Sell 51 Percent Stake in NNPCL Refineries

    by Ikeoluwa Juliana Ogungbangbe February 23, 2026
    by Ikeoluwa Juliana Ogungbangbe February 23, 2026

    PENGASSAN calls on Nigeria to sell 51% of NNPCL refineries to private refiners, retaining a minority stake to protect energy security.

  • In the News

    Premier Academy Students Win FCT Renewable Energy Contest with Smart Solar Mini Grid Project

    by Ikeoluwa Juliana Ogungbangbe February 23, 2026
    by Ikeoluwa Juliana Ogungbangbe February 23, 2026

    Premiere Academy students clinch FCT energy contest with smart solar mini grid designed for affordable, offline community power.

  • In the News

    African Green Projects Seek $3.09bn Funding Ahead of Cape Town Climate Summit

    by Ikeoluwa Juliana Ogungbangbe February 23, 2026
    by Ikeoluwa Juliana Ogungbangbe February 23, 2026

    African climate and renewable projects seek $3.09bn as investors prepare for deal making at Africa Green Economy Summit 2026.

  • In the News

    NDPHC Targets Renewables, Industrial Clusters to Boost Power Reliability in Nigeria

    by Ikeoluwa Juliana Ogungbangbe February 23, 2026
    by Ikeoluwa Juliana Ogungbangbe February 23, 2026

    NDPHC plans solar and small hydro projects while targeting industrial clusters to strengthen power supply and cut diesel dependence.

  • AnalysisIn the News

    Corporate Fleets Driving Nigeria’s Electric Vehicle Revolution — Industry Expert

    by Oluwatosin Racheal Alabi February 23, 2026
    by Oluwatosin Racheal Alabi February 23, 2026

    KEY POINTS Electric mobility in Nigeria is gaining measurable traction, not from individual car buyers but from structured organisations running commercial fleets, according to Seun Oluwalade, chief executive of EV …

  • In the NewsOil & Gas

    NNPC and Dangote Cement Alliance Signals New Push for Nigeria’s Energy Security

    by Oluwatosin Racheal Alabi February 23, 2026
    by Oluwatosin Racheal Alabi February 23, 2026

    KEY POINTS A renewed phase of strategic cooperation has been initiated between NNPC Limited and Dangote Group following a high-level visit by NNPC’s Group Chief Executive Officer Bashir Bayo Ojulari …

  • In the NewsOil & Gas

    Repsol Bets Big on Venezuela Oil Revival as CEO Josu Jon Imaz Drives Global Expansion Strategy

    by Oluwatosin Racheal Alabi February 23, 2026
    by Oluwatosin Racheal Alabi February 23, 2026

    KEY POINTS Spanish energy giant Repsol is accelerating plans to dramatically expand oil production in Venezuela following major geopolitical shifts that have reopened the country’s energy sector. Under the leadership …

  • In the NewsMarkets

    Nigerians to Access Dangote Refinery Shares Within Five Months

    by Oluwatosin Racheal Alabi February 23, 2026
    by Oluwatosin Racheal Alabi February 23, 2026

    KEY POINTS Aliko Dangote, president of Dangote Group, has announced that Nigerians will soon be able to buy shares in the Dangote Petroleum Refinery, revealing that the opportunity is expected …

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  • NNPCL’s Stake in Dangote Refinery Defended as Strategic for National Interest
  • Nigerian Crude Holds Above Budget Benchmark Despite Market Tensions

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Nigeria’s Oil Boom: Record Production in September 2023

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