February 20, 2026 Saudi oil exports to India are on course to book the strongest month since 2020, according to data from Kpler cited by Bloomberg. India has been under intense pressure from the United States to stop importing crude from Russia, and while New Delhi has been wary of making any formal commitments, oil […]Read More
February 20, 2026 A jump in China’s crude oil imports from Russia is more than compensating the withdrawal of the Indian refiners from spot Russian purchases, according to tanker-tracking data compiled by Bloomberg. So far in February, deliveries of Russia-origin cargoes at Chinese ports have averaged 2.09 million barrels per day (bpd), up from an […]Read More
February 20, 2026 The global AI and data center boom will need acceleration of renewable energy rollout to avoid plunging millions of people into energy poverty as power bills jump, the founder of China’s major wind turbine maker Envision told the Financial Times. “For this AI revolution, lots of people may end up with energy […]Read More
The Managing Director of TotalEnergies EP Nigeria Limited, Mathieu Bouyer, has reiterated the company’s dedication to enhancing Nigeria’s energy supply while simultaneously decreasing the carbon intensity of its operations. Mr. Bouyer expressed these views during a panel discussion titled “Capitalising on Africa’s Global Upstream Momentum” at the 9th Nigeria International Energy Summit (NIES 2026), which […]Read More
February 19, 2026 Following a 4% surge on Wednesday, oil prices advanced by another 1.6% in European trade early on Thursday to send Brent to above $71.50, the highest level in six months, as concerns about a U.S. military campaign in Iran intensified. The international benchmark, Brent Crude, was up by 1.71% at $71.55 in […]Read More
February 19, 2026 India should increase the amount of crude oil and coking coal it imports from the United States as a way to diversify its supply under the interim trade deal between New Delhi and Washington, according to the country’s commerce and industry minister. India is especially keen on importing more high-quality coking coal, […]Read More
February 19, 2026 A dozen states, led by California, are suing the federal government for the cancellation of billions in funding for alternative energy projects approved by Congress. The suit was filed with a District Court in California, with the plaintiffs—a total of 13 states—alleging that “the termination and abandonment of funding violate the constitutional […]Read More
Aliko Dangote Foundation (ADF), chaired by Africa’s wealthiest man, Aliko Dangote, has signed a Memorandum of Understanding (MoU) worth N1.5 billion with Bayero University Kano (BUK), for post-graduate students of the Dangote Business School located in the tertiary institution. The MoU, which was signed at the main auditorium of the Dangote Business School, Kano on […]Read More
Aba Power, Nigeria’s newest electricity distribution company, is the standard by which the other 11 distribution firms in the country will be judged. The fact was revealed today by the Chairman of the Abia State Electricity Regulatory Commission (ASERA), Engineer Emeka Onyegbule, after inspecting the facilities of the Geometric Power Group, the Aba Power parent […]Read More
The Federal Government is actively taking steps to address ozone layer depletion by prioritising the adoption of green, energy-efficient, and low-Global Warming Potential (GWP) cooling systems. Malam Balarabe Lawal, the Minister of Environment made this known in Abuja on Tuesday at a two-day Capacity Building Workshop on Green Procurement for Sustainable Cooling Systems in Nigeria. […]Read More
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