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.

Nigeria Boosts Oil Production to 1.84 Million Barrels Per Day Amid Anti-Theft Crackdown

By Elizabeth Ugbo Nigeria’s crude oil production has risen to 1.84 million barrels per day as government efforts to curb…

Iran–U.S. Tensions Escalate Over Strait of Hormuz and War Threats

By Elizabeth Ugbo Iran, the United States, and Israel have intensified their conflict since February 28, as Tehran closed the…

Geopolitical Tensions Push Nigerian Manufacturers Into Cost Crisis

By Elizabeth Ugbo The Manufacturers Association of Nigeria (MAN) has warned on Monday that rising geopolitical tensions in the Middle…

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…