CORAN Summit 2025 set to shape Africa’s refining agenda for

The Crude Oil Refiners Association of Nigeria (CORAN) has announced the CORAN Summit 2025, set to take place on October 6–7, 2025, at Eko Hotels & Suites, Victoria Island, Lagos. With the theme “Refining – Key to Energy Security in Africa,” the two-day event will convene top leaders from government, industry, finance, and civil society […]Read More

FG didn’t give directive for CNG pump price increase –

The Federal Government (FG) Initiative on Compressed Natural Gas (P-CNGI) says no directive or policy has been issued by the Federal Government to alter CNG pump prices nationwide. Matilda Johnson, Brands and Corporate Communications Manager, P-CNGI, said this on Thursday in a statement made available to the News Agency of Nigeria (NAN) in Abuja. Johnson […]Read More

India’s Electricity Generation Jumps as Industry Rebounds

September 02, 2025 Electricity Generation: India’s manufacturing activity, which consumes about half of the country’s power supply, surged in August to the highest level in 17 years, driving the fastest growth in electricity generation in five months.  India saw a 4% rise in power generation in August, according to a Reuters analysis of data from Grid India, […]Read More

Trump administration cancels $679 million in funding for offshore wind

Aug 29, 2025 The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 […]Read More

Trump attack on renewables will lead to power crunch that

President Donald Trump’s attack on solar and wind projects threatens to raise energy prices for consumers and undermine a stretched electric grid that’s already straining to meet rapidly growing demand, renewable energy executives warn. Trump has long said wind power turbines are unattractive and endanger birds, and that solar installations take up too much land. This […]Read More

Nigeria’s Participation at TICAD 9: Focusing on Strategic Engagements, Not

August 22, 2025 The trending social media narrative about an empty booth labelled ‘NIGERIA’ at the ongoing 9th Tokyo International Conference for African Development (TICAD9) in Yokohama, Japan, totally misrepresented our country’s mission and activities at the conference. While we understand the urge by many social media users to seek clicks with many incorrect posts, […]Read More

UBS Sees Brent Oil Prices Staying in the High $60s

August 22, 2025 View Post Brent Crude oil prices are set to stay in the near term at the upper end of the current trading range between $60 and $70 per barrel as the market remains tight during the peak summer demand season, according to investment bank UBS.   “We expect global oil demand to peak for […]Read More

Tariff Order: Mainpower files formal petition to EERC, seeks immediate

Mainpower Electricity Distribution Company has filed a formal petition before the Enugu Electricity Regulatory Commission, EERC.  The petition, dated 14th August, 2025, is a fallout of the tariff reduction order by the EERC, which took effect from August 1, 2025.  The EERC had in the said order, reduced tariff for Band A customers from N209/kwh […]Read More

Dangote calls for African refining hub to reduce dependence on imported

The Chief Executive Officer of Dangote Group and Refinery, Mohammed Aliko Dangote, has emphasized the need for Africa to develop a refining hub to harness its potential and reduce dependence on imported petroleum products.  Speaking at the landmark conference to explore the development of a West African Refined Fuel Market, organise by the Global Commodity […]Read More

China Starts Work on the World’s Largest Hydropower Dam

July 21, 2025 China has broken ground on what promises to be the world’s largest hydropower dam, a giant project on the eastern edge of the Tibetan Plateau that underscores Beijing’s dual ambitions: securing energy independence and solidifying geopolitical leverage over one of Asia’s most important rivers. Premier Li Qiang’s formal launch of the $170 billion venture, […]Read More

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