N899.50 to N950: Dangote Refinery Caps Petrol Price Increase at 5%, Absorbs 50% of Costs Despite 15% Global Oil Price Surge

Dangote Petroleum Refinery has clarified that the recent adjustment in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is a direct response to the significant rise in global crude oil prices. With crude oil serving as…

‘LEES’ 2025 Day One: Industry Leaders Discuss Libya’s Energy Tech, Sustainability and Workforce

The first day of the Libya Energy & Economic Summit featured a dynamic technical program, hosted by the Society of Petroleum Engineers of Libya, focusing on how innovation, sustainability and digital transformation can propel oil and gas sector growth The…

Eni, TotalEnergies Announce New Exploration Projects in Libya

Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit Libya’s National Oil Corporation (NOC) and…

TCN Commissions 110MVA Transformer AT Isolo

The Transmission Company of Nigeria (TCN) has recently commissioned a new 110MVA, 132/33KV power transformer at Isolo Transmission Station, Lagos. This significant development is expected to enhance electricity supply reliability and reduce load pressure in Isolo, Ejigbo, Okota, and surrounding areas.…

Imo State Electricity Commission Inaugurates Forum on Customer Complaints

The Imo State Electricity Regulatory Commission (ISERC) has inaugurated a five-member forum to resolve customer complaints and appeals from Electricity Distribution Companies (EDC) in the state. The forum was set up, following the transfer of electricity market and regulatory function from…

“Made in Nigeria” Project: Empowering Lagos Businesses for Global Impact

The pre-launch press briefing of the Federal Government’s “Made in Nigeria” Project Office (MAINPRO) in November 2024 has brought about a strategic emphasis to the global opportunities to be derived from entrepreneurship and local content development in Lagos State. This…

German Chancellor Scholz Justifies Nuclear Phase-out Decision at Committee Hearing

German Chancellor Olaf Scholz on Thursday defended his government’s decisions in 2022 regarding the country’s nuclear phase-out before the Committee of Inquiry, affirming that the exit from nuclear energy was the right move. Scholz told the committee that extending the…

NMDPRA: Nigeria’s CNG Conversion Capacity Surges by 2,500%, Over 50,000 CNG Vehicles In Operation Nationwide

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that the country’s Compressed Natural Gas (CNG) conversion capacity increased by over 2,500 per cent in 2024. Mr Farouk Ahmed, Authority Chief Executive, NMDPRA, said this on Thursday in…

Lab Tests Reveal no Further Foot-and-Mouth in German Livestock

There have been no further outbreaks of foot-and-mouth disease (FMD) in Germany, Agriculture Minister Cem Özdemir said on Friday, after laboratory analysis disproved reports of a second suspected case. “The status today is that there is no second positive case,” Özdemir…

Eni Grants PostGraduate Scholarship Awards to 30 Nigerians

Winners were selected among over 600 shortlisted applicants, based on their excellent academic standing and their performances at the Computer Based Testing (CBT) recently conducted. The Nigerian Agip Exploration (NAE) Limited has awarded scholarships to 30 Nigerians to pursue postgraduate…

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