January 05, 2026 As 2026 begins, energy markets are reacting less to supply outages than to how governments are choosing to act. The removal of Venezuela’s president, instability along the Red Sea, and rising uncertainty around Iran have altered assumptions about restraint, escalation, and control. This piece examines four locations where those changes are already […]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
December 30, 2025 India is expected to import 1.1 million barrels oil per day (bpd) of Russian crude in December—volumes that would be sharply down from November and the lowest level in just over three years, as U.S. sanctions on Russia’s top oil producers spooked Indian refiners who scramble to source non-sanctioned Russian supply. The […]Read More
The delegates of the Federal Government, led by the National Security Adviser, Nuhu Ribadu, and senior officials of the Nigerian National Petroleum Company Limited (NNPC), led by Bayo Ojulari, on Monday, paid a visit to Rivers State Governor, Siminalayi Fubara, on Federal Government’s plan for peace and oil exploration in Ogoni land Speaking during the […]Read More
Motorists in the Federal Capital Territory (FCT) are calling on Dangote Refinery to increase the number of its partner retail outlets to improve accessibility of petrol, following the recent reduction in pump price. Dangote Refinery recently designated MRS Oil as its partner retail outlet to dispense petrol at N739 per litre nationwide. This price is […]Read More
December 22, 2025 The Eko Electricity Distribution Company (Eko DisCo) has reiterated its zero-tolerance stance on vandalism of electricity infrastructure following the successful prosecution and sentencing of multiple individuals involved in the destruction and theft of critical power assets in Ikoyi, Lagos. In a statement by the General Manager, Corporate Communication, Mr. Babatunde Lasaki stated […]Read More
December 18, 2025 Seplat Energy Plc has appointed Saidu Mohammed and Larry Ettah as Independent Non-Executive Directors, effective 1 January 2026. The signed statement was disclosed by its secretary, Edith Onwuchekwa, on Wednesday. The appointments followed the resignation of Bello Rabiu and Babs Omotowa, who left the Seplat board after being appointed to the NNPCL […]Read More
December 18, 2025 The abrupt resignation of Nigeria’s top petroleum regulator shortly after the launch of one of the country’s largest oil block auctions in years has sparked fresh concerns. Gbenga Komolage, head of the Nigerian Upstream Petroleum Regulatory Authority, and Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, have both resigned. Their […]Read More
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