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,…
Energy covers the latest developments in power generation, renewable energy, oil and gas, electricity supply, and energy policies shaping economies and industries worldwide.
UAE and Saudi Air Defences Intercept Iranian Attacks on Gulf Energy Sites
By Elizabeth Ugbo On Thursday, the UAE Defence Ministry reported that its air defences intercepted 13 ballistic missiles and 27…
Nigerian Cooking Gas Consumption Drops Amid Middle-East Crisis
By Elizabeth Ugbo Lagos, Nigeria – February 2026: The nation’s cooking gas consumption fell by 20% in February 2026, according…
Senate Confirms Magnus Abe as NUPRC Board Chairman
By Elizabeth Ugbo The Senate on Tuesday confirmed Magnus Abe as Chairman of the Board of the Nigerian Upstream Petroleum…
EU Leaders Reject Trump’s Call to Secure Strait of Hormuz Amid Oil Crisis
By Elizabeth Ugbo European leaders on Tuesday in Brussels rejected a request by Donald Trump to deploy forces to the…
Nigeria Fuel Price Debate: Strategic Reserves, Deregulation and the Obi–Tinubu Argument
By Elizabeth Ugbo The debate over Nigeria’s rising fuel prices intensified after comments by Peter Obi, former governor of Anambra…
Nigeria Set to Increase Electricity Exports to Togo as Demand Rises
By Elizabeth Ugbo The Republic of Togo has requested increased electricity supply from the Niger Delta Power Holding Company during…
Nigerian Navy Destroys Illegal Refinery in Rivers, Intercepts Stolen Fuel in Calabar
By Elizabeth Ugbo The Nigerian Navy on Saturday, March 14, 2026, destroyed a reactivated illegal refinery in Okolomade Community, Abua-Odual…
Tinubu Establishes Presidential Petroleum Reform Taskforce to Drive Sector Reforms
By Elizabeth Ugbo President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce…
Nigeria Fuel Price Crisis: How Global Conflict and Local Policy Failures Drive Pump Prices
By Elizabeth Ugbo Nigeria faces a worsening fuel price crisis driven by global conflict and domestic policy failures. The crisis…