Energy & Oil

Latest Energy & Oil News

Electricity Subsidy Persists Despite Epileptic Power Supply

The Federal Government of Nigeria will continue to pay electricity subsidy for…

Genesis Obong

Dangote Refinery Slashes Petrol Price to N890 Per Litre Amid Global Crude Oil Decline

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of…

Muhammad A. Aliyu

Nigeria to Hike Electricity Tariffs: A Necessary Evil?

The Nigerian government plans to increase electricity tariffs in the coming months…

Genesis Obong

Nigeria Unveils $23.2 Billion Energy Compact to Electrify the Nation

The Nigerian government has launched an ambitious $23.2 billion National Energy Compact…

Genesis Obong

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…

Genesis Obong

Nigeria’s Fuel Imports Plummet as Dangote Refinery Disrupts Global Trade

Nigeria's reliance on foreign fuel suppliers is dwindling rapidly, a seismic shift…

Genesis Obong

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…

Genesis Obong

Nigeria Targets $15 Billion in Private Investment to Revamp Struggling Power Sector

The Nigerian government has launched an ambitious plan to revitalise its ailing…

Genesis Obong