Lagos, Nigeria; August 01, 2025: Ikeja Electric Plc, Nigeria leading electricity distribution company, today commissioned the new, cutting-edge Kwaru 15MVA Injection Substation in Abaranje, Ikotun area of Lagos State, Nigeria. This significant infrastructure is set to drastically improve power supply quality, and reliability for thousands of residents and businesses within the rapidly developing Ikotun corridor. […]Read More
Jul 31, 2025 U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year. The biggest contributor remains Texas, which churned out 5.752 million bpd, up […]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
Jul 27, 2025 China’s LNG imports have declined for eight consecutive months, down 12% y/y in June 2025, due to increased domestic gas production. Trade tensions with the U.S. and a 125% tariff have halted American LNG imports, pushing China toward other suppliers like Qatar and Indonesia and threatening long-term U.S. LNG contracts. Falling Chinese […]Read More
As part of it’s strategic commitment to education and community development, the Nigeria Liquefied Natural Gas, NLNG, says it has completed the commissioning of the second phase of its school renovation project in Rivers State, with upgrading infrastructure in host community schools. A statement by NLNG’s General Manager, External Relations & Sustainable Development, Sophia Horsfall, […]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
ExxonMobil has appointed Mr. Jagir Baxi as Chairman and Managing Director, and Lead Country Manager, of its affiliates in Nigeria, including Esso Exploration and Production Nigeria Limited and Esso Exploration and Production Nigeria (Offshore East) Limited, succeeding Mr. Shane Haris. Jagir brings a wealth of experience and proven leadership to his new role, where he […]Read More
Nigeria’s ambitious gas industrialization drive has recorded a major milestone, as the Nigerian National Petroleum Company Limited, NNPCL, has announced a $3.5bn investment to develop key gas infrastructure projects in Akwa Ibom State. The announcement was made at the South-South Gas Utilisation Forum, where the Akwa Ibom State Government also signed a landmark Memorandum of […]Read More
Oil prices settled down on Monday by more than $1, as investors weighed new threats from U.S. President Donald Trump for sanctions on buyers of Russian oil that may affect global supplies, while still worried about Trump’s tariffs. Brent crude futures settled $1.15, or 1.63%, lower to $69.21 a barrel. U.S. West Texas Intermediate crude […]Read More
Lagos, Nigeria, July 11, 2025: The Chief Executive Officer (CEO) of Egbin Power Plc, Mokhtar Bounour, has reaffirmed the company’s unwavering commitment to driving sustainable development in Nigeria’s power sector during the Shell Power Conference 2025. The conference, held in Ikeja, Lagos, under the theme “Powering Nigeria’s Energy Future: Bridging the Gap Between Ambition and Action,” […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.