Oil & Gas and Power Sector related news
Green tax: FG imposes 2–4% levy on high-engine vehicles from July
Kenya raises petrol prices by 16% as import costs rise by over 40%
NERC reports N418.79bn power subsidy in Q4 2025 as DisCos remit 93%
DisCos record 82.03% billing efficiency, lose N174.12 billion in Q4 2025
Fuel subsidy would have cost Nigeria N52trn in 2026 – Zacch Adedeji
Petrol imports surge 96.7% to 5.9m litres in March 2026
Nigeria, Morocco to sign $25bn transcontinental gas pipeline deal this year
OPEC reports Nigeria’s crude oil output rises to 1.38mbpd in March
IEA, IMF, World Bank warn Middle East war triggering global energy shock
Nigeria’s $2.8 billion AKK pipeline to begin gas supply to Abuja by July
OPEC crude oil production hits decades-low after 27% drop in March