Energy

IBEDC Workers Begin Indefinite Strike in Ogun

IBEDC Workers Begin Indefinite Strike in Ogun

In Ogun State, workers from the Ibadan Electricity Distribution Company (IBEDC) have locked down their office, launching an indefinite strike… Read More

6 months ago

Residents of Omole Estate Storm Ikeja Electric Due Over Power Outage

Today, residents of Omole Estate in Lagos took drastic action by storming the premises of Ikeja Electric (IKEDC) to protest… Read More

6 months ago

NERC releases power tariff hike guidelines for DisCos

The Nigerian Electricity Regulatory Commission (NERC) has introduced new regulations for DisCos detailing the procedure for tariff reviews. Nigerians are… Read More

6 months ago

FG Clarifies: No 65% Electricity Tariff Increase, Planned Price increase

The Federal Government of Nigeria has clarified that there will not be a 65% increase in electricity tariffs as rumoured,… Read More

6 months ago

OPEC+ Stands Firm Against Trump’s Pressure for Lower Oil Prices

Donald Trump's White House return fuels global oil price debate, calling on OPEC+ for higher production to slash oil prices… Read More

6 months ago

Dangote Refinery Cuts Ex-Depot Price of Petrol to N890, Boosting Market Supply

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,… Read More

6 months ago

Trafigura’s Former COO Jailed Over Paying €5 Million in Angola for Oil Trading Contract

In a landmark anti-corruption ruling, Switzerland has sentenced Mike Wainwright, former Chief Operating Officer (COO) of Trafigura, to 32 months… Read More

6 months ago

Nigeria Pushes for Higher OPEC Quota to Boost Oil Production

Nigeria is ramping up its efforts to secure a higher oil production quota within the Organization of the Petroleum Exporting… Read More

6 months ago

TotalEnergies $20 billion African LNG project has hit roadblock after failure to secure backing from Biden administration

TotalEnergies ambitious $20 billion Mozambique Liquefied Natural Gas (LNG) project has hit a significant roadblock after failing to secure crucial… Read More

6 months ago

Shell Increases Dividend by 4% Despite Earnings Decline in Q4 2024, Reports $23.7 billion Full Year Earning

Shell, reported a significant drop in adjusted earnings for the last quarter of 2024, with profits amounting to $3.7 billion.… Read More

6 months ago