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WIEN celebrates Akpedeye, commends Aradel on board appointment
Sopuruchi Onwuka Women in Energy Network (WIEN), a leading gender equity advocacy group in the energy sector, has expressed excitement over the appointment of Ms. Nnoli Akpedeye to the Board of Aradel Holdings Plc. The group also commended the Board…
Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
Ibukun Adewale’s Eleve Essentials launches ‘The Eleven’ initiative to spotlight women leaders
Nigeria-born entrepreneur Ibukun Adewale has launched a year-long initiative through her skincare brand, Eleve Essentials, aimed at celebrating women who balance career, motherhood, and community leadership across continents. The initiative, titled “The Eleven,” will run from February through December and…
OPEC+ producers to keep output steady in March
Sopuruchi Onwuka, with agency reports The Organization of Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, will keep crude oil production unchanged in March. The decision was reached on Sunday at a meeting of key OPEC+ members,…
Nigeria delivers as Africa Energy Bank moves closer to launch
Sopuruchi Onwuka The Federal Government has said it has met all its obligations toward the establishment of the Africa Energy Bank (AEB), following the provision of a fully furnished headquarters in Abuja to enable the bank’s immediate take-off. The Minister…
IPPG urges Africa to shift from resource export to utilization
Sopuruchi Onwuka Independent crude oil and natural gas producing companies in Nigeria have called on African governments to urgently move away from inherited, export-focused petroleum models and instead design energy systems rooted in economic growth, industrial development, and national resilience….
PCTS calls for pan-industry collaboration on performance-based local content
Sopuruchi Onwuka International oil service contractors operating in Nigeria have called for stronger pan-industry collaboration to unlock full local capacity, improve efficiency, deepen technology transfer, and ensure consistent utilization of in-country investments across the petroleum sector. Chairman of the Petroleum…
Oil jumps as markets price in rising risk of US strike on Iran
Sopuruchi Onwuka Oil prices surged to around $71.50 per barrel on Thursday, the highest level since late September, as markets rapidly priced in the growing risk of direct US military action against Iran. Analysts say the speed of the rally…
NCDMB, Jake Riley train 250 youths in FAST Programme
Jeke Riley Limited on Monday churned out 250 industry-ready youths after monthlong intensive training program to equip them with full range of skills designed to enable them become self-reliant and contribute meaningfully to the industrial development of the country. The…
REA, Lotus Bank to launch dedicated renewable energy financing facility
Sopuruchi Onwuka The Rural Electrification Agency (REA) and Lotus Bank have agreed to deepen their collaboration on renewable energy financing in Nigeria, marking a shift from project-based support to a structured, large-scale funding framework. The decision followed a high-level meeting…
