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WIEN commends EKEDC on appointment of Wola Joseph-Condotti as interim CEO
Sopuruchi Onwuka Africa’s leading gender equity advocacy group in the energy industry, Women in Energy Network (WIEN), has congratulated the board and management of Eko Electricity Distribution Company (EKEDC) Limited on the appointment of Wola Joseph-Condotti as the company’s Interim…
Supply outlook seen keeping oil prices subdued in 2026
Ziggy Ojiegbe Oil prices are expected to remain under pressure in 2026 as forecasts point to global supply continuing to outpace demand, reinforcing expectations of a prolonged period of low prices despite recurring geopolitical risks. Major forecasters including the U.S….
WEF kicks off amid escalating global military and diplomatic tensions
Ziggy Ojiegbe More than 60 heads of state and government are gathering today in Davos, Switzerland, as the World Economic Forum (WEF) opens against a backdrop of rising geopolitical tensions, trade disputes, and military confrontations that threaten the global economy….
Seplat Energy reaffirms commitment to ESG-aligned operations
Sopuruchi Onwuka Integrated energy company Seplat Energy Plc has reaffirmed its commitment to conducting its operations in line with global environmental, social, and governance (ESG) standards, stressing the need for responsible and sustainable practices within Nigeria’s petroleum industry. The company,…
Nigeria demands credible bids in 2025 oil licensing round
Sopuruchi Onwuka The Ministry of Petroleum Resources has charged companies seeking to participate in Nigeria’s upcoming oil and gas licensing round to present credible proposals and clear evidence of technical and financial capacity as a condition for participation. Minister of…
EIA predicts lower oil prices as global inventory growth extends into 2026, 2027
Ziggy Ojiegbe Brent crude oil prices are expected to average $56 per barrel in 2026 and $54 per barrel in 2027, as rising global oil inventories continue to weigh on prices, according to the US Energy Information Administration (EIA). In…
Nigeria listed as US suspends immigrant visa processing for 75 countries
By Ziggy Ojiegbe Nigeria has been listed among 75 countries whose citizens will no longer have their immigrant visa applications processed by the United States, as Washington tightens immigration rules under President Donald Trump’s administration. The move marks a further…
37 mtpa new LNG capacity to come online in 2026
Global liquefaction additions reach 88 mtpa since 2025 Sopuruchi Onwuka, with agency reports About 37 million tons per annum (mtpa) of new LNG liquefaction capacity is expected to come online in 2026, adding to the 51 mtpa that entered service…
TotalEnergies finally signs off Renaissance JV interest to Vaaris
Displaces Chappal Energies, beats SAPETRO Sopuruchi Onwuka French multinational oil major with significant commercial interest in Nigeria, TotalEnergies, has reached a deal to sell its 10 percent non-operating stake in the Renaissance operated Joint Venture with the Nigerian National Petroleum…
EKEDC announces board transition, appoints Wola Joseph-Condotti as Interim CEO
Sopuruchi Onwuka Eko Electricity Distribution Company PLC (EKEDC) has announced a leadership transition following the takeover of its Board by Transgrid Enerco, the company’s spokesman declared on Wednesday. EKEDC, one of Nigeria’s leading electricity distribution companies, serves customers across Lagos…
