Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Royal Dutch Shell has made its first foray into selling power to households in Australia, teaming up with an infrastructure fund to buy Meridian Energy’s local electricity business...
Oil prices have dipped to their lowest levels in six weeks, with both Brent and WTI dropping below the psychologically important $80 per barrel mark for...
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation...
The leadership of the Senate has directed its Committee on Local Content to immediately commence investigations into the alleged breach of local content law by an...
Brent, the international benchmark, rose as much as 0.9 per cent to $80.22 a barrel early on Tuesday, hitting a three-year high for the second consecutive...
The African region in dare need of investments to fulfill sustainable energy target as emerging markets struggle to provide $4.226 trillion private sector investment required for...
Oil prices rose for a third week in a row to a near three-year high on Friday as global output disruptions have forced energy companies to...
About six million power users are still paying for electricity through estimated bills despite the various metering schemes adopted by the Federal Government and operators since...
Mele Kyari, the Group Managing Director of NNPC has said there is provision in the Petroleum Industry Act (PIA) that gives room for individuals to acquire...