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.

Bagudu Says Tinubu Economic Reforms Have Made Nigeria Africa’s Top Investment Destination

By Elizabeth Ugbo The Minister of Budget and Economic Planning, Abubakar Bagudu, says President Bola Tinubu’s economic reforms have positioned…

Fuel Marketers Threaten Nationwide Shutdown Over Planned Petrol Price Control

By Elizabeth Ugbo FUEL marketers under the Independent Petroleum Marketers Association of Nigeria (IPMAN) have warned that they will shut…

Cooking Gas Prices Drop Across Nigeria as Supply Improves

By Elizabeth Ugbo Households across Nigeria are beginning to pay less for cooking gas as improved local production and increased…

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…