Oil and gas

energy|power|renewables Oil and Gas

EIA Confirms Wild Swing in Crude Oil Inventories

February 25, 2026 Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday.

Oil and Gas

Group seeks phased exit from JV, PSC deals following Tinubu’s

A group, the Oil and Gas Governance Practice Group, has urged the Federal Government to ensure a structured withdrawal from Joint Venture (JV) and Production Sharing Contract (PSC) arrangements with International Oil Companies. Mr Olisa

Oil and Gas Uncategorized

India’s Oil Import Dependence Climbs to Nearly 89% as Domestic

February 24, 2026 India is growing more dependent on imports of crude oil, with the total share of imports in its oil consumption reaching 88.6% over the first ten months of its current fiscal year,

Oil and Gas

Chevron Moves to Acquire Lukoil’s Major West Qurna 2 Oilfield

February 23, 2026 Chevron has signed a preliminary deal with Iraq’s Basra Oil Company to discuss the potential sale of the giant Iraqi oilfield West Qurna 2, formerly operated by Russia’s Lukoil, to the U.S.

Power

energy power

KEDCO Spending ₦500M to Boost Power Supply in Katsina

The Kano Electricity Distribution Plc. (KEDCO) is investing ₦500 million to revive the IBB Way Injection Substation and other critical

Tinubu Appoints CEO & Board Members of NEMSA; Magaji Da’U Aliyu as MD of SHESTCO

Nigeria Set to Utilise Gas to Power Africa’s Rise — Ojulari

Eko Disco

Eko Disco Appoints Wola Joseph-Condotti as Interim CEO

General News

energy|power|renewables General News

REA, Lotus Bank Sign N100 Billion Renewable Energy

Nigeria’s push for electricity for all got a big lift. The Rural Electrification Agency (REA) signed a key Memorandum of

Stakeholders To Examine Financing Options For Africa’s Energy

Tinubu Mourns passing of Former UBA Chairman, Chief

Blog

Oil and Gas Uncategorized

India’s Oil Import Dependence Climbs to Nearly 89%

February 24, 2026 India is growing more dependent on imports of crude oil, with the total share of imports in

AI Boom Faces Power Crisis Without Global Renewable

Aliko Dangote Foundation Spends N1.5bn on Bayero University’s

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