Tag: Energy

Trump oil profits: President accuses ExxonMobil, Chevron of ‘making too much money’

World News Emmanuel -
Trump oil profits criticism has escalated after Donald Trump accused ExxonMobil and Chevron of “making too much money” from...

Nigeria power crisis: 9,536MW idle as blackouts persist despite govt claims

Business Damilola Bayonle -
Power Improves on Paper, Darkness Deepens in Reality Nigeria’s power crisis is worsening—despite official claims of improvement. While the government reports...

UK-Iran conflict impact: Reeves faces energy crisis pressure as Starmer navigates US tensions

World News Emmanuel -
The UK-Iran conflict impact is becoming increasingly visible as Chancellor Rachel Reeves prepares her spring statement while facing mounting...

Local refiners move to slash petrol imports as Dangote, modular plants power output surge

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is approaching a potential turning point as domestic refiners intensify efforts to cut petrol imports...

China’s CO2 emissions flat or falling for 18 Months sparks hope of early peak

World News Emmanuel -
China’s CO2 emissions flat or falling for 18 months marks a crucial turning point in the global climate effort,...

Nigeria’s power distributors See 43% revenue jump to N1.5tn

Business Damilola Bayonle -
Nigeria’s electricity distribution companies have recorded a remarkable surge in their revenue collections, posting a 43 per cent increase...

Bold move: NNPCL to increase share in Dangote refinery to 20%, strengthening  energy independence

Business Damilola Bayonle -
A move set to reshape Nigeria’s energy landscape, the Nigerian National Petroleum Company Limited (NNPCL) has announced plans to...

Holiday relief as NNPC slashes pump price

Business Damilola Bayonle -
As Nigerians prepare for the Eid-ul-Mawlid public holiday on Friday, the Nigerian National Petroleum Company Limited (NNPC) has announced...