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The Nigerian National Petroleum Company Limited (NNPC) has recorded a significant jump in profitability, with after-tax profits rising 14 per cent to ₦1.054 trillion in May…
Axxela Limited, a gas and power portfolio company in sub-Saharan Africa, has recorded a significant safety milestone of nine (9) million Man-Hours with zero Lost Time…
Accugas Limited, a midstream gas subsidiary of Savannah Energy, has secured an expanded N773 billion local currency facility from a consortium of five Nigerian banks, a…
Cense Power & Technologies has officially launched a revolutionary line of next-generation solar storage systems in a move to address Nigeria’s ongoing energy crisis. According to…
Shell Nigeria Exploration and Production Company Ltd (SNEPCo), a subsidiary of energy giant Shell, has acquired a 12.5 percent stake in Nigeria’s Bonga oil field from…
Nigeria took a step towards redefining its energy future as key stakeholders, industry leaders, and policymakers convened in Abuja at the 2025 Gas Turbine Asset Management…
In a candid admission that speaks volumes about Nigeria’s ongoing electricity crisis, Biodun Ogunleye, Lagos State commissioner for energy, told the audience at the recent BusinessDay’s…
The Dangote Petroleum Refinery has launched a nationwide petrol distribution initiative that is projected to save the Nigerian economy an estimated N1.7 trillion annually. This bold…
The Federal Government of Nigeria, through the Ministry of Power, has vowed to replace outdated transformers with modern alternatives and enhance the operational capacity of Nigeria’s…
Africa’s richest person, Aliko Dangote, announced plans to list his Nigerian crude oil refinery on the stock market by the end of 2026, aiming to broaden…