Browsing Tag
Energy
48 posts
Fourteen Saudi Nationals Die in Aramco Helicopter Incident
A helicopter operated by state energy firm Aramco crashed in eastern Saudi Arabia on Sunday, killing all 14 Saudi nationals on board.
Nigeria Aims for Perfect EITI Validation Rating by 2026
Nigeria's NEITI leadership is working toward achieving a perfect 100 percent score in the 2026 EITI validation to boost investor confidence and ensure transparency.
National Grid Instability Causes Power Blackout in Lagos
A voltage fluctuation on the national grid led to widespread power outages in Lagos on Thursday morning, prompting emergency restoration efforts by TCN and the Ministry of Power.
Oil costs drop to pre-Iran conflict levels as shipping lanes reopen
Oil prices have returned to pre-conflict levels as commercial shipping lanes through the Strait of Hormuz begin to reopen following recent US-Iran negotiations.
Dangote Refinery Rejects Claims of Exporting and Re-importing Fuel
Dangote Refinery denies allegations that it exports fuel to neighboring countries only to re-import it, asserting that its primary focus remains the local Nigerian market.
Dangote Refinery Rejects Allegations of Re-importing Fuel into Nigeria
Dangote Refinery has officially dismissed reports claiming it engages in a fuel export and re-importation scheme, citing logistical costs and contractual prohibitions as evidence against such practices.
United States Suspends Iranian Oil Sanctions Until August 2026
The US Treasury has paused sanctions on Iranian oil exports through August 2026, citing progress in maritime security negotiations and cooperation with nuclear inspectors.
Crimea Halts Public Fuel Sales Amid Targeted Ukrainian Strikes on Oil Infrastructure
Russian-backed authorities in Crimea have suspended public fuel sales after Ukrainian drone strikes targeted key oil facilities and logistics networks across the peninsula.