Global Oil Market Faces Slower Demand Growth, IEA Reports
The International Energy Agency (IEA) has lowered its outlook for global oil demand in 2026,…
NNPC, TotalEnergies Enhance Climate Action Through Methane Reduction Efforts
TotalEnergies EP Nigeria Limited and NNPC Limited have renewed their cooperation agreement for the deployment…
Nigeria Benefits as Mission 300 Connects 50 Million Africans to Reliable Electricity
Mission 300, a landmark initiative aimed at expanding electricity access across Africa, has surpassed a…
Global Shift to Electrification: 90% of Businesses Preparing for Electric-Powered Operations by 2035
Nearly 90% of businesses worldwide expect to electrify their operations by 2035 as concerns over…
Nigeria’s Premium Crude Falls as U.S.-Iran Truce Boosts Supply Outlook
Nigeria's flagship crude oil grades, including Bonny Light and Qua Iboe, have come under pressure…
New Board Appointments Position Axxela for Stronger Governance and Future Growth
Leading indigenous energy company Axxela Limited has announced the appointment of several new non-executive directors…
REA Highlights Interconnected Mini-Grids as Key to Reliable Electricity Supply
The Rural Electrification Agency (REA) has called for stronger collaboration between interconnected mini-grid operators and…
Nigeria’s Gas Reserves Can Meet Regional Demand, But Industry Disconnect Hinders Progress – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed concern that despite Nigeria's vast natural…
Oil Prices Fall as U.S.-Iran Deal Paves Way for Strait of Hormuz Reopening
Global energy markets responded positively to reports of a new agreement between the United States…
Shell to Sell Offshore Wind Assets in Strategic Shift Toward Higher-Return Energy Business
Shell Plc is preparing to sell its offshore wind farm portfolio in a deal that…