August 05, 2025 Despite a drop in earnings from a year earlier, BP beat the second-quarter profit estimates as its chief executive Murray Auchincloss said that the UK supermajor “can and will do better for its investors.” BP on Tuesday reported an underlying replacement cost profit – the closest metric to net profit – of $2.4 billion […]Read More
August 04, 2025 Technologies like AI are poised to spur a new wave of innovation and economic growth -and meeting AI’s energy needs efficiently and reliably also presents a unique opportunity to modernize our entire energy system. That’s why we’ve been working to bring flexible demand capabilities into our data center fleet, which enables us […]Read More
August 05, 2025 Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from the country. The news was reported by Libya’s National Oil Corporation, which said the U.S. supermajor will conduct a detailed technical study of the blocks that are located off the country’s northwest coast and […]Read More
30 July 2025 Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more Global electricity demand is expected to expand at one of the fastest sustained paces in over a decade despite ongoing economic pressures, according […]Read More
Abuja, Nigeria, 30 July 2025—The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The Group Chief Executive Officer (GCEO) of NNPC Limited, Bashir Bayo Ojulari, announced this at a company-wide town hall meeting […]Read More
Asharami Energy, a leading upstream operator, and a subsidiary of Sahara Group, has reached a landmark safety milestone – completing five million man-hours without a Lost Time Injury (LTI). This achievement places Asharami Energy in the top quartile of oil and gas operators who have achieved this remarkable benchmark for operational excellence in Africa’s upstream […]Read More
July 29, 2025 The Vice President, Senator Kashim, Shettima, has said instead of governing Nigeria from a distance, the administration of President Bola Ahmed Tinubu is walking hand in hand with the people through critical national reforms. He reaffirmed the commitment of the administration to inclusive governance and responsive policymaking rooted in wide-ranging public engagement […]Read More
310 million people have gained access to electricity since 2015, meaning that 92 percent of the world’s population now has basic access to electricity. The greatest growth in access between 2020 and 2023 occurred in Central and South Asia. Electrification reaches more people Nearly 92 percent of the world’s population now has basic access to electricity. Over […]Read More
The Enugu State Electricityv Regulatory Commission (EERC), has issued a new tariff to MainPower Electricity Distribution Limited, the utility that succeeded Enugu Electricity Distribution Company, (EEDC), for electricity distribution in the state, reviewing electricity cost for Band A from N209/ kWh (per kiloWatt) to N160 kWh, effective from August 1, 2025. This was contained in […]Read More
Reversing progress on renewable energy will profoundly damage our country, our economy and our environment. July 17, 2025 How America President Donald Trump is feeling at the moment hinge , he will tell you either that the U.S. is about to embark on a “golden age” in which Americans will prosper beyond our wildest dreams, […]Read More
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