January 23, 2026 US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s long-crippled heavy oil production. Ship tracking data showed a tanker chartered by Vitol reaching Venezuelan waters with the first naphtha cargo tied to a new oil deal between Washington and Caracas. The […]Read More
January 21, 2026 The world’s oil demand growth is set to rise by 930,000 barrels per day (bpd) in 2026, thanks to lower oil prices and a normalization of economies after the 2025 tariff chaos, the International Energy Agency (IEA) said on Wednesday, raising its demand growth estimate by 70,000 bpd from last month. Oil […]Read More
January 21, 2026 New LNG export projects coming online and ramp-ups of recently commissioned facilities are expected to drive a 10% jump in global LNG supply this year, as the market shifts from tightness to abundance, analysts tell Reuters. The supply growth, mostly from the top two exporters, the United States and Qatar, is set […]Read More
January 19, 2026 The Vice President, Senator Kashim Shettima, has said the opening of Nigeria House in Davos reflects the country’s renewed seriousness, readiness, and resolve to take its place as an active participant in shaping global economic conversations. He observed that while nations do not prosper in isolation, Nigeria’s future growth depends on deliberate, […]Read More
Lagos, Nigeria January 19, 2026. Sahara Group Foundation, the social responsibility division of international energy conglomerate, Sahara Group, has signed a Strategic Partnership Memorandum of Understanding (MoU) with Plan International Nigeria to deepen inclusive, community-led recycling interventions through its flagship Sahara Go Recycling Project. The partnership brings together Sahara Group Foundation’s waste-to-wealth expertise and Plan […]Read More
The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) has announced the first confirmed speakers for its 10th Anniversary programme, bringing together senior policymakers, regulators and National Oil Company (NOC) executives from across the region. Many of the confirmed speakers have actively participated in SAIPEC since its inception, contributingto its evolution from a regional […]Read More
January 7, 2026 The Rural Electrification Agency (REA) says it will intensify efforts to ensure Nigeria’s underserved communities are reliably supplied with electricity through rural electrification initiative to close the country’s electricity supply gap. The REA highlighted significant achievements and plans to deliver reliable power to unserved and underserved communities across Nigeria. Currently, Nigeria has […]Read More
Transgrid Enerco Limited has completed the acquisition of a 60% equity stake in Eko Electricity Distribution Plc (EKEDC), marking the first market-driven acquisition of a Nigerian electricity distribution company since the power sector privatisation. The transaction was finalised following the execution of all transaction and financing documents at a signing ceremony held in Lagos. EKEDC […]Read More
Egbin Power Plc has reaffirmed its commitment to sustainable development and inclusive growth through its Personal Corporate Social Responsibility(PCSR) initiatives, designed to deepen social cohesion, empower young people, and strengthen relationships across its host communities. One of such initiatives is the company-sponsored annual football tournament for host communities, which has continued to serve as a […]Read More
December 30, 2025 Gombe State Governor, Muhammadu Inuwa Yahaya, has approved the establishment of the Gombe State Electricity Regulatory Commission (GOSERC) and the Gombe State Information Technology and Digital Economy Commission (GIDTEC) as part of efforts to strengthen regulation, drive innovation and deepen economic transformation in the state. The approval was conveyed by the Secretary […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.