India Explores Gas Power Boost to Stabilize Grid During Peak

February 13, 202 India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj Agarwal said on Friday.   “For the last three years we have been studying whether gas plants can run for eight hours in […]Read More

Global electricity demand to rise at an average annual rate

According to the latest report from the International Energy Agency(IEA). The global electricity demand is growing at a record rate and projected to grow at an average annual rate of 3.6 per cent between 2026 and 2030. The report attributes this growth to rapid industrialization, the increasing adoption of electric vehicles, rising air conditioning needs, […]Read More

AU Summit: Nigeria Secures Major Wins, Gets Permanent Seat on

February 13, 2026 During the just-concluded 39th Session of the Executive Council of the African Union, Nigeria recorded significant diplomatic and institutional achievements, consolidating its leadership role in advancing Africa’s economic integration, peace, security, and democratic governance. A major highlight of the session was the Council’s agreement to grant Nigeria a permanent seat on the […]Read More

REA Brings 1MW of Clean Energy to Rubochi and Ikwa

The Rural Electrification Agency (REA), in collaboration with the Government of the Republic of Korea, has officially launched a clean energy infrastructure featuring a combined capacity of 1MW for two communities as part of the Korean Energy Project (KEP). This initiative includes a 900 kWp solar hybrid facility in Rubochi and a 100 kWp system […]Read More

OPEC+ Oil Production Falls by 439,9000 Bpd

February 12, 2026 Crude oil production from the OPEC+ alliance slumped by as much as 439,000 barrels per day in January compared to December as a major supply disruption in Kazakhstan added to lower output from Iran and Venezuela, OPEC data showed in its Monthly Oil Market Report (MOMR).  Total OPEC+ crude oil production averaged […]Read More

European Union Industry Chiefs Demand Lower Energy Prices

February 12, 2026 Hundreds of business executives from European companies have demanded that the European Union authorities take steps to lower energy prices, warning that failure to act would cause an investment outflow and further harm European companies’ competitiveness. “EU electricity prices in Europe still remain higher inside Europe than in competing countries. Carbon costs […]Read More

IEA Slashes Oil Demand Growth Forecast For 2026

February 12, 2026 Global oil demand is expected to rise by 850,000 barrels per day this year, the International Energy Agency (IEA) said on Thursday as it cut its growth estimate from 930,000 bpd expected last month.    All the 850,000 bpd growth this year is poised to come from developing economies, with China leading […]Read More

Seplat Energy Begins Scheduled Maintenance at Major Gas Plant; Potential

Seplat Energy Plc, a partner in a Joint Venture with NNPC Ltd and a key provider of natural gas to the NNPC Gas Infrastructure Company (NGIC) pipeline system, has initiated a planned maintenance operation on its gas production facilities from February 12 to February 15, 2026. This maintenance is part of routine procedures focused on […]Read More

U.S. Energy Secretary Says Venezuela Could See Surge in Oil

February 12, 2026 Venezuela’s crude oil production could increase dramatically as soon as this year, U.S. Energy Secretary Chris Wright said during his visit in the South American country. “This year, we can drive a dramatic increase in Venezuelan oil production, in Venezuelan natural gas production and Venezuelan electricity production,” Wright said, as quoted by […]Read More

Tinubu Appoints CEO & Board Members of NEMSA; Magaji Da’U

February 10, 2026 President Bola Tinubu has appointed Hon. Magaji Da’u Aliyu as the Managing Director of the Sheda Science and Technology Complex, Abuja. The Sheda Science and Technology Complex (SHESTCO) is responsible for conducting research and development in technology and for operating a nuclear research facility. President Tinubu also appointed Engr. Adesayo Olusegun Michael […]Read More

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