featured

KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …

KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

KEY POINTS The Federal High Court sitting in Port Harcourt, Rivers State, has issued a sweeping injunction restraining the Nigerian National Petroleum Company Limited, NNPCL, and all commercial banks operating …

KEY POINTS Shell Nigeria Gas, SNG, has expanded its operations in the Niger Delta through the signing of new Gas Sales and Purchase Agreements (GSPAs) with two companies, Boskel Nigeria …

KEY POINTS The Centre for the Promotion of Private Enterprise, CPPE, has criticised the Federal Government over the recent issuance of fresh petrol import licences to petroleum marketers, despite the …

KEY POINTS Italian energy company Eni has signed three long-term agreements to purchase liquefied natural gas, LNG, from Indonesia as part of efforts to expand its global LNG portfolio and …

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

KEY POINTS Chevron Corporation has unveiled a next-generation version of its Techron fuel additive, designed to improve engine performance and reduce damage caused by low-quality gasoline. The announcement was made …

KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …

KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …