Peionews

Energy

Energy covers the latest developments in power generation, renewable energy, oil and gas, electricity supply, and energy policies shaping economies and industries worldwide.

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – Tinubu

By Elizabeth Ugbo President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy saved Nigeria from imminent bankruptcy…

US and Iran Report Preliminary Ceasefire MOU to Extend Truce and Launch Peace Talks

By Elizabeth Ugbo Washington and Tehran reportedly agreed on a preliminary memorandum of understanding on Thursday, May 29, 2026, involving…

Tinubu Administration Projects Reshape Nigeria’s Economy and Infrastructure

By Elizabeth Ugbo President Bola Ahmed Tinubu’s administration has intensified infrastructure development, economic reforms and education support across Nigeria within…

LPG Price Hike in Nigeria: Marketers Warn of Scarcity Ahead of Eid-Al-Kabir

By Elizabeth Ugbo Millions of Nigerians face rising cooking gas costs ahead of the 2026 Eid-Al-Kabir celebrations as Liquefied Petroleum…

Dangote Refinery Hits 661,000 BPD, Challenges Fuel Import Licences in Court

By Elizabeth Ugbo President of the Dangote Group, Aliko Dangote, has revealed that the Dangote Petroleum Refinery processed 661,000 barrels…

Trump Dismisses Iran’s Peace Proposal as Ceasefire Faces Collapse

By Elizabeth Ugbo US President Donald Trump has rejected Iran’s latest peace proposal, describing it as “stupid” and warning that…

Tegbe Promises End to Grid Collapse as Senate Confirms Him Minister of Power

By Elizabeth Ugbo Senate Confirms Tegbe Amid Power Sector Crisis The Nigerian Senate on Wednesday confirmed Olasunkanmi Tegbe as Minister…

Dangote Group Denies False Claims Linking Aliko Dangote to Tony Elumelu Rift and Financing Allegations

By Elizabeth Ugbo The Dangote Group has, in Nigeria and across Africa, on Monday, through its management, firmly denied recent…

Diezani Trial: Sanomi, Okyere Deny Bribery Allegations in UK Court

By Elizabeth Ugbo At the Southwark Crown Court in the United Kingdom, Diezani Alison-Madueke faces bribery charges as Igho Sanomi…

US Maintains Naval Blockade on Iran as Nuclear Talks Stall

By Elizabeth Ugbo Donald Trump on Wednesday confirmed that the United States will continue its naval blockade of Iran in…