In the News

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, says 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas companies as part of efforts to ensure …

Solar farms overtook coal in July to become China’s biggest source of installed power capacity, state media said, though solar still trails coal in generation.

KEY POINTS South Africa’s state-owned power utility Eskom has reported a sharp improvement in its financial performance, recording a R30.3 billion profit after tax for the financial year ended March …

KEY POINTS The price of cooking gas has dropped by 39 per cent across Nigeria, offering some relief to households following an increase in the supply of Liquefied Petroleum Gas, …

ExxonMobil has commenced a major investment in science, technology, engineering and mathematics (STEM) education in Guyana, with the launch of a programme designed to strengthen the country’s future workforce. The …

KEY POINTS Italian energy giant Eni has rejected reports that it asked Libya to increase natural gas supplies to Italy by 20%, saying the document used to support the claim …

KEY POINTS Petrol prices are edging towards N1,400 per litre in parts of Nigeria following another increase in the ex-depot price of Premium Motor Spirit (PMS) by the Dangote Petroleum …

KEY POINTS Dangote Petroleum Refinery is considering restricting petrol supplies to major oil marketers that continue to import Premium Motor Spirit (PMS) into Nigeria, amid growing concerns over fuel quality, …

KEY POINTS Residents of the Federal Capital Territory (FCT) are continuing to struggle with the high cost of cooking gas, despite a recent decline in Liquefied Petroleum Gas (LPG) prices. …

KEY POINTS Three years after the Federal Government began promoting compressed natural gas, CNG, as a cheaper alternative to petrol, the initiative has yet to gain significant traction among private …