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Energy

Flight without fuel: Electric air taxis signal a clean break for aviation

Frank Okon Aviation took a visible step toward a cleaner future this week as Joby Aviation completed the first point-to-point electric air taxi flights in the history of New York City, signaling that urban air mobility is moving from concept…

Business Economy Energy

Magnus Abe promises stronger leadership as NUPRC Board begins work

Frank Okon The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed duties, pledging to strengthen the Commission’s capacity to deliver on its mandate. Chairman of the board, Senator Magnus Abe, gave this assurance on…

Waltersmith showcases expanded refinery to NCDMB, NMDPRA

Plans for condensate refinery, industrial park Frank Okon Waltersmith Petroman Oil Limited has expanded the capacity of its modular refinery in Ibigwe, Ohaji-Egbema area of Imo State from 5,000 to 10,000 barrels per day, as officials of the Nigerian Midstream…

Business Energy

Nigerian firm stakes $225 m in Sierra Leone’s offshore exploration blocks

Ziggy Ojiegbe Nigerian independent explorer, Marginal Energy Limited, has committed to more than $225 million offshore oil and gas exploration deal in Sierra Leone, marking a significant step in the country’s push to revive investor interest in its underdeveloped upstream…

Seplat sweeps awards as stock shares hit N10,000 benchmark

Bode Adeeyo Shares of Seplat Energy Plc climbed above the ₦10,000 mark for the first time, as the indigenous oil and gas producer capped a strong run with multiple industry and market awards that signal rising investor confidence in its…

Business Energy Health/Living

World Malaria Day: Chevron Reinforces Commitment to Malaria Eradication Across Africa

[From Chevron Nigeria Limited] “We have the knowledge, lifesaving tools and proven strategies to end malaria. But progress has stalled, and decades of hard-won gains are in jeopardy. Malaria continues to claim a life every minute, with most deaths occurring…

Business Electric power Energy Environment

Global solar power generation jumps 636TWh to record 2,778 TWh in 2025

Frank Okon Global solar power generation surged to an unprecedented level in 2025, rising by 636 terawatt-hours (TWh)—a 33% increase over 2024—to reach a record 2,778 TWh, according to the Ember Global Electricity Review 2026. The increase marks the largest…

Nigeria pushes indigenous oil firms to build skills, raise operating standards

Nigeria’s upstream oil sector is entering a new phase, and regulators are pushing independent producers to step up quickly to fill the space left by departing international oil companies. At the centre of that message is the Nigerian Upstream Petroleum…

NLNG, Rivers Police deepen security collaboration ahead of Bonny–Bodo Road opening

The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Adeleye Falade, has called for deeper security collaboration with the Nigerian Police Force, particularly the Rivers State Command, as operations expand and critical infrastructure projects near completion in the…

China’s solar power export to Africa hit 19GW in 2025, toppling Nigeria’s total generating capacity

Frank Okon Chinese firms shipped a significant 19,000 megawatts of solar generating capacity to Africa in 2025, marking a 48% increase on 2024. The scale is striking when set against countries like Nigeria, where total available grid power has at…