Archives for ENERGY - Page 5
Oil Up, S&P 500 Futures Drop Before Iran Deadline: Markets Wrap
Crude oil advanced in volatile trading and equities lost momentum as investors remained wary ahead of President Donald Trump’s deadline for Iran to make a peace deal, with tentative ceasefire…
Oil prices climb as Hormuz stays shut ahead of Trump deadline
Oil prices extended gains on Tuesday as a deadline loomed for Iran to open the Strait of Hormuz or be "taken out", with President Donald Trump threatening to order…
Adeleye Falade Assumes Office as NLNG’s MD/CEO
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He took up the role on Wednesday at the company’s Corporate Head Office…
NCDMB leads NCCF overhaul, sets path for high-impact delivery
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a strategic reset of the Nigerian Content Consultative Forum (NCCF), a key platform for facilitating information…
NNPC set to list shares on New York, London exchanges
BY NGOZI ONYEAKUSI NNPC Ltd has revealed plans to list the national company on leading international stock exchanges, as ongoing reforms reshape the national oil firm to attract global investors.…
Blackouts: GenCos, DisCos clash over rejected power
As Nigerians endure several weeks of blackout, power generation companies have accused the distribution companies of deliberately rejecting electricity load allocations, resulting in heavy financial losses to the sector. In…
FG targets 5.2m electricity connections under $750m loan
The Federal Government is targeting the connection of million Nigerians to electricity by June 2026 under a $750m World Bank-backed intervention aimed at expanding access through renewable energy solutions. This…
US cuts Nigerian crude imports by nearly 50%
The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about per cent month-on-month, according to the latest data from the Census…
NCDMB Lauds ESSO on $23m new logistics base at LADOL
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base,…
Capital Goes Where Value is Clear, Nigeria Has That Value -NNPC GCEO Ojulari
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today delivered a characteristically direct and pragmatic assessment of Nigeria and Africa’s energy future at CERAWeek 2026, declaring…
