Monday, April 27, 2026
Sri Lanka reduces fuel prices on improved economy
By Luther Animashaun Sri Lanka is set to reduce fuel prices due to falling international prices and an improvement in...
Read moreDetails$44trn needed to attain global energy transition by 2030, says IRENA
By Onome Amuge Global investment in energy transition technologies reached a new record of 1.3 trillion in 2022, but cumulative...
Read moreDetailsSinopec’s net profit falls 6.9% in 2022 as Covid hurts fuel demand
By Luther Animashaun Chinese oil giant, Sinopec, recorded a 6.9 decline as its net profit plunged to $9.65 billion, or...
Read moreDetailsOver 50% of Europe’s LNG import capacity risk underutilisation by 2030, experts warn
By Onome Amuge More than half of Europe's liquified natural gas (LNG) import capacity could become stranded assets by 2030...
Read moreDetailsFossil fuel subsidies hits all-time high in 2022, IEA reports
By Innocent Obasi The global fossil fuel consumption subsidies doubled from the previous year figure to an all-time high of ...
Read moreDetailsPHED sets to reconnect Rivers’ communities after two-year disconnection
By Innocent Obasi The Port Harcourt Electricity Distribution (PHED) Plc is set to reconnect the communities in Oyigbo local government...
Read moreDetailsWorld Bank advocates govt., industry partnerships to energise 380m Africans with solar by 2030
By Onome Amuge The World Bank has projected that 380 million Africans could get access to solar energy and realise...
Read moreDetailsNigeria loses top spot to Algeria as gas export slips to 1m tonnes in January 2023
By Innocent Obasi Nigeria’s gas export declined to one million tonnes in January 2023, indicating 35 per cent depreciation year...
Read moreDetailsPetrol up 54.52% in January 2023, NBS reports
By Habeeb Adamu The average retail prices of petrol in the local markets recorded an annual increase of 54.52 per...
Read moreDetailsNNPC fixes March 21 to commence oil drilling in Nasarawa
By Innocent Obasi The Nigerian National Petroleum Company (NNPC) Ltd will commence the drilling of crude oil in Nasarawa State...
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