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.

Tinubu Approves ₦3.3 Trillion Power Sector Debt Plan to Boost Electricity Supply in Nigeria

By Elizabeth Ugbo President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to clear longstanding debts in Nigeria’s…

Trump Says US Could Halt Iran Strikes Within Weeks as War and Oil Crisis Escalate

By Elizabeth Ugbo US President Donald Trump said on Tuesday that the United States could stop military attacks on Iran…

Dangote Refinery Boosts Nigeria’s Energy Security Amid Global Crisis

By Elizabeth Ugbo In Nigeria, the Dangote Refinery, owned by Aliko Dangote, has transformed the nation’s fuel supply since October…

GLOBAL OIL CRISIS DEEPENS: MIDDLE EAST CONFLICT TRIGGERS ENERGY SHOCK, INFLATION SPIKE, AND SUPPLY CHAOS WORLDWIDE

By Elizabeth Ugbo The ongoing conflict involving Iran, Israel, and the United States has triggered a global economic shock that…

Trump Delays Iran Power Grid Strike as War Escalates and Oil Route Remains Blocked

US President Donald Trump has delayed planned attacks on Iran’s power grid until April 6, 2026. He made the announcement…

Nigeria Loses N40trn Yearly to Power Crisis – NISO Warns

By Elizabeth Ugbo Nigeria loses about N40 trillion annually to electricity shortages, according to the Nigerian Independent System Operator (NISO).…

SERAP Demands Transparency Over Alleged ₦210 Trillion Discrepancy in NNPCL Accounts

By Elizabeth Ugbo The Socio-Economic Rights and Accountability Project (SERAP) has asked Senate President Godswill Akpabio to ensure full transparency…

Fuel Price Hike: Dangote Refinery Raises Petrol Price Amid Global Tensions

By Elizabeth Ugbo Nigeria’s Dangote Refinery has increased petrol prices, effective midnight March 21, 2026, due to rising global uncertainties,…

Power Supply to Improve Soon as Government Tackles Gas Constraints — Adelabu

By Elizabeth Ugbo The Minister of Power, Adebayo Adelabu, on Thursday in Nigeria said Nigerians will soon enjoy better electricity…

Naira-for-Crude Policy Fails to Lower Fuel Prices in Nigeria

By Elizabeth Ugbo Nigeria’s naira-for-crude policy, introduced in 2024 to boost local supply, has not reduced fuel prices in 2025,…