December 12, 2025 Nigeria’s Heirs Energies and the Nigerian National Petroleum Company Limited (NNPC Ltd.) said on Wednesday they had signed agreements with five investors to capture and monetise gas that would otherwise be wasted through flaring, where the fuel is burned in the open. It holds Africa’s largest proven gas reserves and is betting […]Read More
December 11, 2025 Oil prices slid nearly 2% on Thursday in a move that ran against a rare alignment of bullish signals—from OPEC’s upbeat December MOMR to a softer glut forecast from the IEA and fresh U.S. inventory draws. Brent fell toward $61… And WTI toward $57… Extending a losing streak that now spans most of December. OPEC’s latest […]Read More
December 12, 20258 The Nigerian National Petroleum Company Limited (NNPC Ltd) said an explosion occurred on the Escravos-Lagos Pipeline, near Tebijor, Okpele, and Ikpopo communities in Gbaramatu Kingdom, Coastal area of Delta State. This has disrupted operations leading to emergency response for immediate intervention According to the source, the incident occurred around 4am, forced […]Read More
The Chairman of the Aliko Dangote Foundation (ADF) and the President of Dangote Group, Aliko Dangote, has announced a ₦1 trillion scholarship programme to expand access to education and promote academic excellence across Nigeria. Starting in 2026, the initiative will support over 1.3 million students from all 774 local government areas, with ₦100 billion committed […]Read More
December 11, 2025 Global oil demand will rise by about 1.4 million barrels per day (bpd) next year, supported by solid economic growth, OPEC said in its monthly report ton Thursday, keeping its demand forecasts unchanged from last month. Unlike other forecasters, investment banks, and analysts, OPEC continues to expect robust demand growth in 2026 […]Read More
December 10, 2025 The Energy Information Administration (EIA) revised down its projection based on how much large load electricity demand has come online so far this year, particularly in Texas. The Energy Information Administration cut its 2026 electricity generation growth forecast by 1.3% from last month “based on how much large load electricity demand has come […]Read More
December 8, 2025 The Niger Delta Power Holding Company (NDPHC) has successfully restored additional 450MW of generation capacity to the national grid following the completion of scheduled maintenance on the Geregu NIPP plant. The four-week extended minor inspection, undertaken by Siemens Energy, was executed to enhance the facility’s operational reliability, performance, and efficiency, thereby extending […]Read More
December 08, 2025 The United Arab Emirates (UAE) is growing its LNG exports to meet surging global demand that will outpace investment in supply, according to the United Arab Emirates’s Energy Minister Suhail al-Mazrouei. “We intend not only to satisfy our local demand, but we are also growing our export of LNG,” the minister told Reuters on […]Read More
A major step toward strengthening electricity supply in Abia State was taken as the state government, in partnership with the Niger Delta Power Holding Company (NDPHC), on Thursday commenced the construction of a 7.5MVA, 33/11kV Injection Substation in Umuahia. Governor Alex Otti (OFR), who performed the groundbreaking ceremony, described the project as a transformative initiative […]Read More
Renaissance Africa Energy Company Limited has inaugurated its Southern Swamp Associated Gas Solutions (SSAGS) Project in Delta State, injecting approximately 100 million standard cubic feet of gas per day (MMScf/d gas) to the domestic market and about 820 million barrels of oil equivalent (MMboe), in a successful implementation of the company’s strategy for ending routine […]Read More
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