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.

FG Orders Crackdown on LPG Hoarding, Diversion to Reduce Cooking Gas Prices

By Elizabeth Ugbo The Federal Government on Monday directed regulatory and security agencies to crack down on LPG hoarding, diversion,…

US Partially Lifts Iranian Oil Sanctions After Positive Nuclear Talks

By Elizabeth Ugbo The United States on Monday partially lifted sanctions on Iranian oil exports by issuing a 60-day waiver…

CBN Allocates Two Additional Crude Oil Export Terminals to Swede Control Intertek

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has allocated two additional crude oil export terminals to Swede Control…

Trump Announces Sunday Peace Deal, Says Strait of Hormuz Will Reopen Immediately

By Elizabeth Ugbo United States President Donald Trump announced on Saturday that negotiators will sign a Middle East peace agreement…

FCC, Pi-CNG & EV Strengthen Collaboration on Fair Access to Emerging Opportunities

By Elizabeth Ugbo The Federal Character Commission (FCC) on Thursday received the Chairman and Chief Executive Officer of the Presidential…

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…