Axxela Retains Gold Medal in 2025 EcoVadis Sustainability Rating
Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has retained its Gold Medal in the 2025 EcoVadis Sustainability Rating, reaffirming...
Bellazir Energy officially launches with bold vision to transform Nigeria’s downstream sector
Bellazir Energy officially launches with bold vision to transform Nigeria’s downstream sector
CHIGOZIE AMADI
Bellazir Energy Ltd., a forward-looking player in Nigeria’s downstream petroleum industry, was...
Electricity subsidy spending soars to N762bn – NERC
Electricity subsidy spending soars to N762bn – NERC
Electricity subsidy has increased to about N762bn in the first four months of 2025.
Figures from various reports...
Petrol landing cost now N870, higher than Dangote’s price
Petrol landing cost now N870, higher than Dangote’s price
The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by...
Shell launches multi-billion share buyback after beating expectations
Shell launches multi-billion share buyback after beating expectations
Shell plc reported its first quarter 2025 earnings on Friday, reporting adjusted earnings of $5.6 billion (€5bn),...
The trade war is already hurting oil demand
The trade war is already hurting oil demand
OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June...
The trade war is already hurting oil demand
*Tariffs are already slashing U.S.-China container traffic, hitting shipping and aviation demand, with trucking and diesel next in line.
*Shipping firms and airlines report cancellations...
Former NNPC Ltd boss Mele Kyari denies arrest rumours
Former NNPC Ltd boss Mele Kyari denies arrest rumours
A former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has...
SEEPCO Workers Mark World Safety Day, Reinforce Company’s Commitment to Safety and Wellbeing
Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) has reaffirmed its unwavering commitment to workplace safety, employee wellbeing, and innovation, as it marked...
Sunbeth Energies Limited Appoints Lateef Abioye as Managing Director, Signals Nationwide Expansion Drive
Sunbeth Energies Limited is pleased to announce the appointment of Lateef Abioye as its new Managing Director. In this role, Lateef will spearhead the...
