March 10, 2026 State Bank of India, the largest lender in the country, continues to shun processing payments for purchases of Russian oil despite the temporary U.S. waiver for India to buy Russia’s crude stashed in floating storage in Asia, sources with knowledge of the situation have told Bloomberg. State Bank of India (SBI) is unwilling […]Read More
March 09, 2026 Chevron is urging California officials to reconsider proposed amendments to the state’s Cap-and-Invest (C&I) carbon market program, arguing that the changes could increase fuel costs, accelerate refinery closures, and undermine energy security across the state and the broader United States. In a letter addressed to California Governor Gavin Newsom and state energy regulators, the […]Read More
Sahara Group has reinforced its Beyond Energy philosophy at the 2026 Entrepreneurship, Innovation and Business Certification (EIBIC) Programme hosted by the University of Lagos (UNILAG), calling on young Africans to move beyond conventional entrepreneurship and actively design solutions to the continent’s most pressing energy and development challenges. Now in its third year, the EIBIC Programme […]Read More
Egbin Power Plc, Nigeria’s foremost power generation company, has once again demonstrated its unwavering commitment to its workforce with the unveiling of 80 new residential housing units for employees within its plant premises in Egbin, Lagos State. This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence. The […]Read More
The Kano Electricity Distribution Plc. (KEDCO) is investing ₦500 million to revive the IBB Way Injection Substation and other critical power infrastructure in Katsina, in a strategic move aimed at boosting supply capacity, improving network stability, and delivering more reliable power to our customers in the Katsina city metropolis. Since the acquisition of KEDCO by […]Read More
February 19, 2026 President Bola Tinubu has issued an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector of the national economy, and redirect resources for the benefit of the Nigerian people. The President signed the EO in pursuance of Section […]Read More
February 19, 2026 President Bola Tinubu and German Chancellor Friedrich Merz have resolved to improve bilateral relations between their two countries and to strengthen collaboration in the security, power, and railway sectors. In a telephone conversation on Wednesday afternoon, the two leaders also expressed their willingness to cooperate in creative arts and skill development. President […]Read More
January 27, 2026 Venezuela expects fresh oil investments of some $1.4 billion this year, which would be up from $900 million last year, interim president Delcy Rodriguez said, as quoted by Reuters. The investments will come from production-sharing agreements, the report noted, which are currently being discussed by the Venezuelan government and oil companies as part of […]Read More
The Chief Executive Office of the largest Electricity Distribution Company in Nigeria, Ikeja Electric, Folake Soetan stated that in most organisations, problems grow as they travel upward. They pick up emotion, blame, and unnecessary complexity. According to her, what senior leaders appreciate most are team members who do the opposite. On Folake’s LinkedIn page, Ope […]Read More
January 26, 2026 Sahara Group, a prominent international energy conglomerate, has reiterated its dedication to fostering sustainable development and enhancing human capacity in Africa through its Making A Difference (MAD) Grant. This initiative focuses on advancing research by providing awards to visionary academics. Building on the success of its inaugural edition at the University of Lagos […]Read More
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