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Energy

FBNQuest’s Mareva Injunction Against Nestoil, Neconde Has Expired By Operation of Law

The ex parte orders obtained by FBNQuest Merchant Bank Limited and First Trustees Limited against Nestoil Limited and Neconde Energy…

7 months ago

Nigeria To Launch 2025 Oil Licensing Round December 1

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the official commencement of the 2025 Oil Licensing Round, set to…

7 months ago

Global Oil, Gas Demand To Rise Until 2050 As IEA Warns Climate Targets Unlikely

The International Energy Agency (IEA) has projected that global oil and gas demand will continue to grow until 2050, marking…

7 months ago

We’re Taking Power Very Seriously To Enhance Livelihoods of Nigerians –Tinubu

President Bola Tinubu, on Monday in Abuja, assured the technical contractor handling the Presidential Power Initiative (PPI), Siemens Energy, of…

7 months ago

FG Signs Technical Agreement With Germany On Energy Transition, Receives €21m Energy Fund

The Federal Government of Nigeria, has secured a pivotal agreement with Germany to fundamentally strengthen the technical foundations of its…

7 months ago

Community Leaders, Beneficiaries Applaud Egbin Power’s Medical Outreach, Describe Initiative As Impactful

Egbin Power’s annual medical outreach, the Personal Corporate Social Responsibility (PCSR) vehicle of the leading power generation company, has been…

7 months ago

Energy tycoon, Kola Karim Calls For Stronger Energy Reforms, Urges Nigeria To Target 5 million bpd By 2030

At the ongoing ninth edition of the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, Mr. Kola Karim, Chairman of…

7 months ago

FG Pledges Power Restoration In ALSCON, Completion of 330KVA Substation

As part of efforts to further boost power generation in the country and provide employment for Nigerian youths and professionals,…

8 months ago

Wider Africa Energy Summit 2025 To Connect Operators & Service Providers With Emerging African Opportunities

The upcoming Wider Africa Energy Summit (WAES) – taking place in Aberdeen, Scotland on November 18-19, 2025 – will connect…

8 months ago

FG, GenCos Finalise Deal On ₦4trn Presidential Power Sector Debt Reduction Plan

The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity…

8 months ago
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