Browsing Tag
Energy
47 posts
NNPC Records N19.04 Trillion Revenue in Half-Year Financial Report
The NNPC recorded N19.04 trillion in revenue and N2.28 trillion in profit during the first half of 2026, alongside progress on critical gas infrastructure.
All On @10 Hackathon Empowers Nigerian Students to Tackle Energy Challenges
To celebrate ten years of operation, All On hosted a hackathon for Lagos university students to develop innovative clean energy solutions for Nigeria.
Ofgem proposes large upfront deposits for UK data centre grid connections
Ofgem is proposing that data centre developers pay massive refundable deposits to reserve electricity grid capacity, aiming to curb speculative projects as demand for AI infrastructure surges.
Fuel Depot Costs Fall as Marketers Reduce Rates by up to N23 per Litre
Petroleum depot prices across Nigeria have trended downward as increased competition among marketers and improved supply from domestic refineries lead to significant rate cuts.
Adighije Affirms New Executive Directors Will Bolster NDPHC Reform Goals
NDPHC Managing Director Jennifer Adighije stated that the appointment of two new Executive Directors will strengthen leadership and accelerate the company's mission to improve Nigeria's power sector.
Oil values drop significantly as US and Iran suspend military strikes
Oil prices have retreated by more than 9% as the US and Iran halt military strikes to prioritize diplomatic engagement, following weeks of volatility that pushed costs to $100 per barrel.
Global oil prices drop as US-Iran hostilities pause sparks diplomatic optimism
Oil prices declined sharply as a temporary halt in US-Iran military exchanges raised hopes for diplomatic solutions and improved security in the Strait of Hormuz.
Nigeria records ongoing drop in cooking gas costs
Liquefied Petroleum Gas prices in Nigeria have fallen over the last three weeks due to an influx of imports, according to recent market surveys.
Dangote Refinery Secures $2.5 Billion via Private Equity Placement
Dangote Petroleum Refinery & Petrochemicals has completed a $2.5 billion private equity placement, which was oversubscribed by 3.7 times, marking a major milestone in its growth and African capital market development.
Afreximbank’s Digital Platform Facilitates $5.3 Million Energy Trade
Afreximbank's Africa Trade Gateway platform has facilitated a $5.3 million cross-border gasoil deal between Zimbabwean firm Witeva Trading and a Swiss supplier.