Browsing Tag
Energy
60 posts
Severe European Drought Drives Rhine River to Historic Lows
Record-breaking heat across Europe has caused major rivers like the Rhine and Danube to hit historic low levels, threatening shipping, energy production, and agriculture.
Middle East oil shipping risks hit record high as danger spreads to Red Sea
Middle East oil transport faces its highest danger level since the Iran conflict began as attacks expand from the Strait of Hormuz to Red Sea shipping lanes.
TCN admits to N1.28 billion spending on solar streetlights outside its primary duties
The Transmission Company of Nigeria confirms it spent N1.28 billion on government-mandated solar streetlight projects, noting these were assigned by the National Assembly and funded via federal budget appropriations.
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.