Shell Signs LNG Deal to Boost Supply to Southern Europe

February 25, 2026 Shell and Greek energy and metals firm Metlen have signed a cooperation deal for LNG supply and trading, which would boost deliveries to Greek import terminals and supply to southern and central Europe. Metlen and the UK-based supermajor, which is the world’s top LNG trader, will supply and trade 0.5 to 1.0 […]Read More

EIA Confirms Wild Swing in Crude Oil Inventories

February 25, 2026 Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 435.8 million barrels according to government data, which is still 3% below the five-year […]Read More

Stakeholders To Examine Financing Options For Africa’s Energy Future At

The annual Aret Adams Memorial lecture, now in its 23rd iteration, is scheduled for the 27th of February, 2027, at the Muson Centre (Agip Recital Hall), Marina, Onikan, Lagos, commencing promptly at 11:00 AM. This year’s lecture theme is titled “The African Energy Bank: Financing Africa’s Energy Future.” Mr. Akin Jokojeje, the Programmes Manager of […]Read More

NNPC Ltd, Dangote Group Forge Strategic Alliance to Accelerate Nigeria’s

The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today led a delegation of the company’s management to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, for high-level discussions that culminated in a renewed commitment to strategic collaboration between the two companies. The visit, which included a facility tour, focused […]Read More

TotalEnergies Highlights Its Long-Term Growth Strategy for Nigeria at NIES

The Managing Director of TotalEnergies EP Nigeria Limited, Mathieu Bouyer, has reiterated the company’s dedication to enhancing Nigeria’s energy supply while simultaneously decreasing the carbon intensity of its operations. Mr. Bouyer expressed these views during a panel discussion titled “Capitalising on Africa’s Global Upstream Momentum” at the 9th Nigeria International Energy Summit (NIES 2026), which […]Read More

President Tinubu, German Chancellor Merz to Collaborate on Security, Power

February 19, 2026 President Bola Tinubu and German Chancellor Friedrich Merz have resolved to improve bilateral relations between their two countries and to strengthen collaboration in the security, power, and railway sectors. In a telephone conversation on Wednesday afternoon, the two leaders also expressed their willingness to cooperate in creative arts and skill development. President […]Read More

FG taking steps to address ozone layer depletion adopting green,

The Federal Government is actively taking steps to address ozone layer depletion by prioritising the adoption of green, energy-efficient, and low-Global Warming Potential (GWP) cooling systems. Malam Balarabe Lawal, the Minister of Environment made this known in Abuja on Tuesday at a two-day Capacity Building Workshop on Green Procurement for Sustainable Cooling Systems in Nigeria. […]Read More

BP Is Running on Empty As Energy Giant Scraps Buyback

February 17, 2026 Once-dominant energy giant BP is running on empty as it curbs shareholder payouts and unveils fresh attempts to bolster its balance sheet. The London-based oil baron announced in its final results on Tuesday that it has suspended its share buyback programme and increased its cost-cutting goal as it looks to reverse its […]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

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

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