Energy

The FG aims to allocate more than $3 trillion for the energy transition

The Minister of State for Petroleum Resources (Oil), Dr. Heineken Lokpobiri, revealed at the 54th Annual Meeting of the World Economic Forum in Davos,...

NERC asserts that DisCos are unable to increase tariffs without obtaining approval

The National Electricity Regulatory Commission (NERC) has announced that prior approval from them is necessary for electricity distribution companies to raise tariffs. Usman Abba...

Dangote Refinery secures an additional shipment of one million barrels of crude oil

The Dangote Petroleum Refinery welcomed its fourth shipment of one million barrels of bonny light crude oil on Monday, supplied by the Nigeria National...

OPEC emphasizes that the projected growth of 2.2 million barrels per day in 2024

The Organization of the Petroleum Exporting Countries (OPEC) anticipates that its projected 2.2 million barrels per day economic growth for 2024 will play a...

Nigeria is set to commence supplying gas to South Africa starting in 2024

Riverside LNG, an energy company based in Nigeria, is currently in discussions to supply gas to South Africa starting from the first quarter of...

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