February 11, 2026 The Vice President, Kashim Shettima, has said theConnect NextGen Innovation Hackathon will position Nigeria as a global supplier of digital solutions while creating jobs in the technology sector. Specifically, he noted that the four-month programme, which is one of the key operationalization phases of the Ericsson and the Nigerian Government’s MoU to […]Read More
February 11, 2026 Record demand for gas turbines has pushed Siemens Energy’s order book to an all-time high as well, amid soaring electricity demand that, it appears, cannot be entirely met with new wind and solar. The German major reported an order increase of over 30% in the first quarter of its fiscal year, bringing […]Read More
February 11, 2026 Fourth-quarter earnings at French supermajor TotalEnergies fell by 13% from a year earlier as higher upstream production and improved refining margins couldn’t offset the decline in oil prices. TotalEnergies on Wednesday reported an adjusted net income of $3.84 billion for the fourth quarter, in line with the analyst consensus estimate of $3.8 […]Read More
Dangote Petroleum Refinery has issued a firm clarification in response to recent publications attributed to S&P Global, stating that the reports misrepresent its operations and create a misleading picture of Nigeria’s refining landscape. The company categorically refutes claims, amplified through certain newspaper adverts on Monday, February 9, 2026, suggesting that it imports finished Premium Motor […]Read More
Egbin Power Plc has launched a tech-based empowerment programme to equip young people from its host communities of Egbin, Ijede and Ipakan with digital skills. The initiative, part of the company’s Personal Corporate Social Responsibility (PCSR) efforts, is designed to improve employability, encourage entrepreneurship and expand access to opportunities in the digital economy. Chief Executive […]Read More
February 09, 2026 Indian refiners are still avoiding Russian oil as deals for delivery in April begin to be made, Reuters has reported, citing unnamed sources from the refining industry as well as traders. According to the report, the avoidance comes in anticipation of the trade deal between New Delhi and Washington, scheduled to be […]Read More
February 06 2026 Russia’s seaborne crude exports hit a record 1.86 million b/d to China in January 2026, up 46% year-on-year, just as Washington ratchets up pressure on India. Moscow overtook Saudi Arabia as China’s top supplier, shipping 56% more crude than Riyadh in January, with 100% of ESPO exports heading east for the first […]Read More
February 09, 2026 A US-Central Asia business forum highlighted a significant, US government-backed $1.1 billion deal for California-based Cove Capital to develop two tungsten deposits in Kazakhstan, representing the first major American venture into the region’s critical minerals sector. The deal is intended to challenge China’s control of over 80 percent of the world tungsten […]Read More
February 09, 2026 British Oil and Gas giant Shell Plc needs an exploration breakthrough or a big merger after its oil reserves fell to the lowest levels since 2013, exposing the company to a production shortfall in less than a decade. Shell’s so-called ‘reserve life’–denoting how long its proven reserves can sustain production at current […]Read More
February 2, 2026 Determined to speed up the oil and gas industry contracting processes, weed out firms lacking technical capacity to perform and reduce Nigeria’s cost of production, the Nigerian ContentDevelopment and Monitoring Board has issued the “NCEC Application Guidance Notes”, with effect from December 2025. The document which is available on the Board’s website […]Read More
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