Petrol Prices Surge Above N1,300/Litre in Lagos as Crude Costs Rise
By Elizabeth Ugbo Petrol prices rose sharply on Wednesday across Lagos and South-West states, as filling stations increased pump prices…
Energy covers the latest developments in power generation, renewable energy, oil and gas, electricity supply, and energy policies shaping economies and industries worldwide.
Tinubu Removes NMDPRA Boss, Nominates Rabiu Umar as Replacement
By Elizabeth Ugbo President Bola Tinubu has removed Saidu Mohammed as Chief Executive of the Nigerian Midstream and Downstream Petroleum…
NUPENG Warns of Job Losses, Rights Suppression in Nigeria’s Oil and Gas Sector
By Elizabeth Ugbo The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has raised alarm over job losses and…
NNPC Denies Sale of Refinery Scrap, Warns Public Against Fraudsters
By Elizabeth Ugbo The Nigerian National Petroleum Company Limited has denied claims that it is selling refinery scrap materials. On…
US–Iran Naval Standoff Escalates in Strait of Hormuz Amid Maritime Seizures
By Elizabeth Ugbo On Thursday, the Pentagon confirmed that the United States military conducted a maritime interdiction and right-of-visit operation…
Lebanon Ceasefire Talks, Strait of Hormuz Tensions, and Rising Oil Prices
By Elizabeth Ugbo Lebanon and Israel will hold a second round of ceasefire talks in Washington on Thursday, as Lebanese…
NNPC Crude Supply to Dangote Refinery Surges in April 2026
By Elizabeth Ugbo Crude oil deliveries to the Dangote Oil and Gas Company Limited increased significantly in April 2026, as…
Strait of Hormuz Reopens as Iran and US Signal De-escalation, Oil Prices Drop
By Elizabeth Ugbo Iran’s Foreign Minister Abbas Araghchi and United States President Donald Trump announced on Friday that the Strait…
Nigeria Petrol Supply Hits 40.1ml/d in March 2026 as Imports Support Market Stability
By Elizabeth Ugbo Nigeria’s petrol supply rose to 40.1 million litres per day in March 2026, according to the Nigerian…
Nigeria Power Sector Faces Over N300bn Losses as Subsidy Hits N418.79bn in Q4 2025
By Elizabeth Ugbo In Q4 2025, Nigeria’s electricity sector recorded major financial strain, as the Federal Government of Nigeria absorbed…