December 08, 2025 The national average price of gasoline has continued on a downward trend after dropping below $3 a gallon a week ago, sinking to their lowest level since 2021.The median U.S. gas price is now $2.79 per gallon, with the national average 4 cents lower from a week ago. However, prices vary widely by state, […]Read More
December 08, 2025 TotalEnergies announced an agreement to merge its upstream business with NEO NEXT Energy Limited, a move set to create the United Kingdom’s largest independent oil and gas producer. Under the terms of the transaction, the French energy major will become the leading shareholder in the expanded entity, which will be renamed NEO NEXT+. TotalEnergies […]Read More
December 7, 2025 Vice President Kashim Shettima on Saturday launched a one billion naira family-based business grant initiative in Ukanafun/Oruk Anam Federal Constituency of Akwa Ibom State, describing the programme as a model for translating democratic promises into tangible economic empowerment at the grassroots level. He said the administration of President Bola Ahmed Tinubu is […]Read More
The Presidential Initiative on Compressed Natural Gas (PiCNG) and Electric Vehicles (EVs) says more than 100,000 vehicles in Nigeria now use CNG. The Executive Chairman/CEO, PiCNG, Mr Ismaeel Ahmed said this on Friday in Abuja. Ahmed spoke at the Alfa Designs Nigeria Limited CNG products unveiling and stakeholders’ engagement in collaboration with the News Agency […]Read More
Technology Company, Globacom has announced the successful completion of a massive, nationwide network infrastructure upgrade, powered by significant new spectrum acquisitions and robust capacity expansion. The move, activated on Thursday, December 4, 2025, is a strategic commitment by the company to provide a congestion-free, high-speed 4G experience to all Nigerians, setting a new benchmark for […]Read More
December 5, 2025 Vice President Kashim Shettima has identified Imo State as a major pillar in Nigeria’s economic diversification agenda primed for rapid growth in technology, gas utilisation, agro-industrial processing and small and medium-scale enterprises (SMEs). He said the government is committed to providing access to financing through the Bank of Industry and the Development […]Read More
December 04, 2025 Crude oil exports from the Russian terminals on the Black Sea were much lower in November than originally planned as bad weather and Ukrainian attacks on infrastructure have delayed loadings and departures, Reuters reported on Thursday, quoting sources in the industry. Both the port of Novorossiysk and the CPC terminal loading most of Kazakhstan’s […]Read More
November 26, 2025 Energean plc (LSE: ENOG) reported a 35% quarter-on-quarter jump in third-quarter output and confirmed it remains on track to meet its 2025 production targets, despite a turbulent geopolitical backdrop and a temporary shutdown of its Israeli operations earlier this year. It averaged 151,000 boe/d in the first nine months of 2025 and generated $828 […]Read More
November 20, 2025 The solar module manufacturing in India is nearing the point of unsustainable overcapacity, which will lead to consolidation in the Indian solar industry supply chain, analysts say. Overcapacity and newer and better technologies will squeeze smaller firms out of the market and result in consolidation over the next three to five years, […]Read More
November 20, 2025 Oil and gas supermajor ExxonMobil will buy a 40% stake in the new Bahia natural gas liquids (NGL) pipeline from Enterprise Products Partners as producers and pipeline operators expand gas takeaway capacity in the Permian basin. Enterprise Products Partners on Thursday said it had entered into an agreement with ExxonMobil, which will acquire a […]Read More
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