Latest Energy & Oil News
Nigeria to Hike Electricity Tariffs: A Necessary Evil?
The Nigerian government plans to increase electricity tariffs in the coming months…
Nigeria Unveils $23.2 Billion Energy Compact to Electrify the Nation
The Nigerian government has launched an ambitious $23.2 billion National Energy Compact…
Nigeria Targets 150 CNG Stations by Year’s End, Aims for 1 Million CNG Vehicles by 2027
The Nigerian government has embarked on an ambitious plan to significantly expand…
Nigeria’s Fuel Imports Plummet as Dangote Refinery Disrupts Global Trade
Nigeria's reliance on foreign fuel suppliers is dwindling rapidly, a seismic shift…
Nigeria Secures IFC $70M Grant for Renewable Energy, Launches 5 Mini-LNG Plants to Boost Power Access
President Bola Tinubu has secured a $70 million grant from the International…
Nigeria Targets $15 Billion in Private Investment to Revamp Struggling Power Sector
The Nigerian government has launched an ambitious plan to revitalise its ailing…
Nigeria to Rake in N1.8 Billion from Gas Distribution Licenses
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) expects to generate…
Nigeria Attracts $6.7 Billion in Energy Investments in 2024, Driving Sector Growth
In 2024, Nigeria saw an impressive increase in energy investments, drawing $6.7…