US sanctions hit Lukoil's Bulgaria refinery operations
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
Category : Search result: energy companies
NASS Intensifies Bill to Combat Energy Theft in Nigeria
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
NEM Insurance Assets Reach N165.46bn in Q3 2025
NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Ukraine-Greece Energy Deal Boosts US LNG Imports
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
Zelensky overhauls Ukraine energy firms after scandal
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
Lontor Launches New Solar Systems for Nigerian Market
Lontor High-tech has launched new solar energy storage systems and home appliances to tackle Nigeria's power challenges. Discover how these innovations aim to empower millions.
Solar Tech and Data Science Can Fix Nigeria's Power
Data scientist Daniel Ezekiel reveals how integrating solar technology with data analytics can solve Nigeria's electricity crisis. Discover the potential for energy independence.
Lagos SMEs Adopt Solar with New Financing
Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.
Ukraine Ministers Quit Over $100M Corruption Scandal
Ukraine's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
Renewables Outpace Fossil Fuels Despite US Policy
The IEA reports renewable energy is expanding faster than fossil fuels globally, with oil demand peaking around 2030. Discover the key trends shaping Nigeria's energy future.
Ogun State & EU Launch Solar Healthcare Initiative
Ogun State partners with European Union to deploy solar energy systems across healthcare facilities, ensuring uninterrupted power and improved medical services in rural communities.
Africa's $2.2T Energy Mobility Revolution
Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.
Matrix Energy Appoints Umunna as Group DMD
In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a
Lagos Firm & GSDC Partner on Digital Skills Development
A groundbreaking partnership between a Lagos-based technology company and the Global Skills Development Council aims to revolutionize digital education and create new career opportunities for Nigerian youth.
Lagos converts 500kg fruit waste to clean energy daily
Lagos State is set to unveil a groundbreaking biogas facility that will transform 500kg of fruit waste into clean, renewable energy daily, tackling both waste management and power challenges.
LG to Install 300 Solar Boreholes in Nigeria
LG Electronics partners with Nigerian government to deploy 300 solar-powered boreholes across rural communities, addressing water scarcity with sustainable technology solutions.
Northern Industrialists Support 15% Electricity Tariff Hike
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
Local Content Key to Africa's Energy Future
Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.
FG to Sell Nigeria's Dormant Refineries After Years of Losses
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Jubaili Bros & Perkins Unveil Nigeria Energy Solutions
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
Neimeth Pharmaceuticals Profit Soars 120%
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Sentry Global Fights Transformer Explosions in Nigeria
Nigerian energy infrastructure receives groundbreaking protection system against transformer failures and explosions. Sentry Global's innovative solution addresses aging power infrastructure crisis.
Nigeria's Digital Economy: Experts Decry Slow Progress
Energy sector leaders and technology experts express frustration over Nigeria's sluggish digital transformation, warning it threatens economic growth and global competitiveness.
Nigerian Startup Aims for Universal Clean Energy Access
Discover how a Nigerian energy company is revolutionizing access to clean power solutions across the nation, tackling energy poverty with innovative solar technology and affordable payment plans.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
Nigeria Eyes Space Power for Data Centers
As Nigeria's digital economy expands, data centers face severe power challenges. Innovative solutions from space technology could provide the reliable electricity needed to sustain growth.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
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