Energy

Oil prices fall as US-Iran truce hopes outweigh Houthi attacks on Saudi Arabia

Oil prices fell on Friday, September 25, 2026, as markets weighed the possibility of a truce between the ‌United States…

1 month ago

Nigeria’s power plants hit 86% utilisation in August — NERC

The Nigerian Electricity Regulatory Commission (NERC) says the country’s grid-connected power plants utilised 86 per cent of available generation capacity…

1 month ago

Oil prices slip as Iran announces diplomacy to end war

Oil prices retreated on Thursday, September 24, 2026, after ‌climbing 4% in the previous session as Iran said it remained…

1 month ago

FG clears 300 stranded power equipment containers to boost national grid

The Federal Government has begun clearing more than 300 containers of critical electricity equipment stranded at Nigerian ports, as part…

1 month ago

Tinubu hails $800m Ima Gas investment, says oil sector reforms delivering results

President Bola Tinubu says his administration's reforms in the oil and gas sector are beginning to yield tangible results following…

1 month ago

Oil prices fall on supply outlook, hopes for US-Iran talks

Oil prices extended declines on Wednesday, September 23, 2026, as investors eyed improved Gulf supply after Saudi Arabia restarted operations…

1 month ago

Oil prices rise ahead of potential US-Iran talks at UNGA81

Oil prices gained on Tuesday, September 22, 2026, after declining for four consecutive sessions as investors awaited developments on ‌potential…

1 month ago

Electricity workers threaten nationwide shutdown over assault by soldiers

The National Union of Electricity Employees (NUEE) in Bauchi State has threatened to shutdown power supply over alleged assault of…

1 month ago

No plan to increase electricity tariff — FG

The Federal Government has assured Nigerians that it has no immediate plan to increase the electricity tariff. The Minister of…

1 month ago

Dutch firm begins project to convert Nigeria’s flared gas to LPG, electricity

Netherlands-based Energy Ventures BV has commenced preparations for a project to convert flared gas into electricity and Liquefied Petroleum Gas…

1 month ago

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