The Nigerian National Petroleum Company Limited (NNPCL), said it is expanding clean energy access nationwide with additional Compressed Natural Gas (CNG) stations in Abuja, Ibadan, and Abeokuta. The stations are part of a broader initiative to promote the adoption of CNG as a cleaner and more affordable alternative to traditional fuels like petrol. “We are […]Read More
Sahara Energy Resources DMCC has partnered with the Emirates Environmental Group (EEG) to plant 100 mangrove trees along the coastline of Umm Al Quwain in a bid to promote environmental conservation in the United Arab Emirates. Idowu Ogunkanmi, General Manager, Business Development, Sahara Energy DMCC said the initiative reinforced the company’s dedication to joining forces […]Read More
Jun 22, 2025 The latest draft of the “One Big Beautiful Bill Act” under the Trump administration proposes removing residential solar lease providers from the Investment Tax Credit, threatening the industry. This potential policy shift is causing solar stocks to fall and bankruptcies among major residential solar companies to increase, signaling a challenging future for […]Read More
Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has resigned from his appointment. Soneye disclosed this in a statement made available to media on Saturday. Soneye’s full statement: Dear Esteemed Colleagues, I extend my heartfelt gratitude to you all for the unwavering support, professionalism, and genuine commitment you’ve […]Read More
Jun 20, 2025 When the wholesale oil price goes up, many people notice it first when it leads to higher petrol prices. But more expensive energy also feeds through to higher prices for almost everything, from farming to manufacturing. When it comes to food, higher energy costs can lead to higher prices on the shelf […]Read More
Jun 19, 2025 Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said. Algeria’s National Agency for the Valorization of Hydrocarbon Resources, ALNAFT, has awarded the Chinese firm an exploration contract for the […]Read More
Jun 19, 2025 Chevron Explores Sale of Singapore Refinery Stake Reuters reported on Thursday, citing multiple sources with knowledge of the matter. Singapore Refining Company is a 50/50 joint venture between Chevron and Chinese state-run oil and gas giant PetroChina. The refinery in Singapore can process 290,000 barrels per day (bpd) of crude oil, with the fuel traded through […]Read More
ABA Power, Nigeria’s newest electricity distribution company (DisCo), is leading four companies to assemble smart electricity meters in Aba, the Abia State economic hub centre. The Group Managing Director of the Geometric Power group, the Aba Power parent company, Mrs. Agatha Nnaji, disclosed this when the Abia State House of Assembly on Power and Public […]Read More
CSR: The FGN’s National Food Intervention (NFI) initiative aims to ensure sustainable access, availability, and affordability of quality food for all Nigerians, with the broader goal of Nigeria becoming a significant food provider globally. This involves addressing challenges in the agricultural value chain, promoting private sector participation, and stimulating food production. Ultimately, the initiative seeks to alleviate […]Read More
The Progressives Governors Forum (PGF) has declared its full support for President Bola Tinubu’s response to the recent killings in Benue. Chairman of the PGF and Gov. of Imo, Hope Uzodimma, made this known to newsmen in Abuja, after a meeting with some progressive governors. He said that the Forum stood united with the President […]Read More
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