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Fuel scarcity has hit parts of Zamfara State, with many filling stations under lock and key. It was observed that most filling stations in Gusau, Kaura Namoda, Tsafe and other places were not dispensing the commodity.A liter of…
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By Patience Chat MosesThe Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kragha, will speak at the African Energy Week (AEW): Invest in African Energy conference - taking place from November…
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By Adaobi Rhema OguejioforAxxela Limited, a leading sub-Saharan African gas and power company, has completed its N15 billion Series 1 Bond Issuance, with an impressive oversubscription of N1.4 billion, bringing the total to N16.4…
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NJ Ayuk By Patience Chat MosesRepresenting the voice of the African energy sector, the Executive Chairman of the African Energy Chamber (AEC), Engr. NJ Ayuk has commended the partnership between Namibian energy firm, Crown…
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By William Emmanuel Ukpoju In a rare move, the United Republic of Tanzania has temporarily shut down five of its hydroelectric stations to reduce excess electricity in the national grid.According to Tanzania's Prime Minister,…
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By Adaobi Rhema Oguejiofor Seplat Energy, a leading indigenous energy company, has marked its 10th anniversary of dual listing on the Nigerian Exchange Limited (NGX) and the London Stock Exchange.At the anniversary celebration,…
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By William Emmanuel UkpojuAbuja, Nigeria - April 25, 2024 - The Transmission Company of Nigeria (TCN) has announced the successful restoration of power supply to the Afam-IPP/Elelenwo 132kV line. The line was restored at 6:22 pm on…
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The House summons NNPC CEO Mele Kyari to investigate oil-related environmental degradation, stressing the urgency of addressing community concernsCEOs of major oil companies and relevant government agencies are also summoned,…
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The Kaduna Internal Revenue Service (KADIRS) has sealed branches of the United Bank for Africa (UBA) in the state capital over an alleged refusal to pay N14.3 million in tax.Hajiya Aysha Ahmad, the KADIRS Board Secretary and Legal…
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Crude oil futures settled on Wednesday after the release of American Petroleum Institute data showing a draw in US crude stocks, with bearish factors generally dominating the market. Brent crude futures settled at $60.53/per barrel,…
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