NEC Moves to Boost Non-Oil Revenue, Deepen Engagement with Stakeholders

January 16, 2026 The National Economic Council (NEC) has resolved to deepen engagement with stakeholders to boost non-oil revenues in line with the economic blueprint of the administration of President Bola Ahmed Tinubu. This is just as Chairman of the Council, Vice President Kashim Shettima called for accelerated transition from oil to non-oil economy through […]Read More

How America Plans to Refill Its Emergency Oil Stockpile Using

January 16, 2026 The Trump administration is exploring a workaround to America’s Strategic Petroleum Reserve problem: swapping heavy Venezuelan crude for U.S. medium sour barrels that can actually go straight into SPR caverns. According to Reuters, the Department of Energy is considering moving Venezuelan heavy crude into commercial storage at the Louisiana Offshore Oil Port, […]Read More

China Halts Electricity Imports from Russia Due to Price Dispute

January 16, 2026 Russia is in negotiations with Beijing to potentially resume power supply to China, the Russian Energy Ministry told Reuters on Friday, after a Russian media report said that China halted electricity imports from Russia due to high prices.   On Friday, Russian business daily Kommersant reported that China on January 1 stopped […]Read More

Governors Head to White House on Friday to Unveil Deal

January 16, 2026 Governors from U.S. states seeing a rapid expansion in data center construction will visit the White House on Friday to sign an agreement with the Trump administration intended to curb rising electricity costs, said two sources with direct knowledge of the matter. The agreement includes price caps for two years on future […]Read More

Oando admits 60 graduates into Acceleration Programme

Oando PLC, Africa’s leading indigenous energy solutions provider, has admitted a new cohort of 60 young professionals into its Graduate Acceleration Programme (OGAP) 2026, marking a significant milestone in the company’s deliberate effort to build sustainable talent for Nigeria’s energy sector. Since commencing its graduate development programme over a decade ago, Oando has played a deliberate […]Read More

Africa Solar Outlook 2026: AFSIA Reveals Africa as the World’s

The Africa Solar Outlook 2026, published by the African Solar Industry Association (AFSIA), has revealed that Africa is now emerging as one of the fastest-growing solar markets in the world. For a long time, Africa has been treated as a peripheral player in the global solar market but emerging trend now challenges that status with […]Read More

Eko Disco Appoints Wola Joseph-Condotti as Interim CEO

Eko Disco, also known as Eko Electricity Distribution Company, has announced the appointment of Wola Joseph-Condotti as its Interim Chief Executive Officer. This marks a significant leadership transition at one of Nigeria’s most important electricity distribution companies. The appointment comes less than two weeks after TransGrid Consortium completed the acquisition of a 60% controlling stake […]Read More

U.S. Captures Russia-Linked Tanker After Naval Standoff in the North

January 07, 2026 U.S. forces have seized a Russia-flagged tanker in the North Atlantic after a dramatic pursuit that began near Venezuelan waters, marking a sharp escalation in Washington’s enforcement of its global blockade on sanctioned Venezuelan oil. U.S. European Command confirmed the capture of the M/V Bella 1, saying the vessel was seized for sanctions violations “pursuant […]Read More

OPEC+ Compensation Cuts Triple as Key Producers Move to Rein

January 07, 2026 Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks to improve compliance amid oversupplied oil markets. The UAE, Iraq, Kazakhstan and Oman will implement output cuts totaling 829,000 barrels per day by June, three times higher than their previous pledge. Kazakhstan will […]Read More

Four Geopolitical Flashpoints Energy Markets Cannot Ignore in 2026

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

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