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Energy

Energy FEATURED Latest TOP STORIES 

Nigeria aims to cut stakes in refineries by 2026

June 5, 2024June 5, 2024 Markets Reporters 0 Comments Nigerian refineries, Refinery rehabilitation

Nigeria, Africa’s top oil producer, is looking to reduce its stakes in state-owned refineries in two years’ time.  The refineries,

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Energy FEATURED Latest TOP STORIES 

Blackout: Labour union obstructing national grid recovery, says TCN

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Labour union strike, National grid

The Transmission Company of Nigeria has said the labour union is obstructing the restoration of the national grid. It said

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Energy FEATURED Latest TOP STORIES 

Nigeria faces more blackouts on national grid instability 

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Blackout in Nigeria, Ikeja Electric, National grid

Blackouts have worsened in many parts of Nigeria as the national power grid suffered increased instability.  “We have received multiple

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Energy FEATURED Latest TOP STORIES 

Nigeria says OPEC+ cuts won’t distract efforts to boost output

June 2, 2024June 2, 2024 Markets Reporters 0 Comments Heineken Lokpobiri, OPEC+

Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), has said the production adjustment by the group

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Energy FEATURED TOP STORIES 

Our focus is now on completing NAOC acquisition – Oando boss

June 1, 2024June 1, 2024 Markets Reporters 0 Comments NAOC acquisition, Nigeria Agip Oil Company, Oando

Wale Tinubu, group chief executive of Oando Plc, has said the indigenous energy group is now focused on completing the

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Energy FEATURED Latest TOP STORIES 

Oando swings to profit as non-operating income surges

May 31, 2024 Markets Reporters 0 Comments Oando

Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating

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Energy FEATURED Latest TOP STORIES 

Otedola’s Geregu Power partners Siemens to raise capacity by 765MW

May 31, 2024May 31, 2024 Markets Reporters 0 Comments Femi Otedola, Geregu Power, Siemens Energy

Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy

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Energy FEATURED Latest TOP STORIES 

Indonesia imported $3.8bn worth of Nigerian oil and gas in 2023 – Envoy

May 29, 2024May 29, 2024 Markets Reporters 0 Comments Indonesia oil imports, Nicholas Agbo Ella, Usra Hendra Harahap

The Republic of Indonesia imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Usra Hendra Harahap,

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Energy FEATURED Latest 

Seplat Energy’s scholarship scheme hailed by industry trainers

May 26, 2024May 26, 2024 Markets Reporters 0 Comments OGTAN, Seplat Energy, Seplat scholarship scheme

Seplat Energy, a major operator in the Nigerian oil and gas industry, has been recognised by the Oil & Gas

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Energy Latest TOP STORIES 

NNPC chief wins recognition as ‘most outstanding energy icon’

May 26, 2024May 26, 2024 Markets Reporters 0 Comments Champion Newspapers awards, Mele Kyari, Olufemi Soneye

Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, group chief executive officer of the Nigerian National Petroleum Company,

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