Energy
Algeria Begins Construction of Key Trans-Saharan Gas Pipeline Section
Algeria has officially launched construction on a new section of the Trans-Saharan Gas Pipeline, a landmark energy project expected to...
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Nigeria’s Petrol Import Bill Crashes 96% as Local Refining Gains Momentum
Nigeria's expenditure on the importation of Premium Motor Spirit (PMS), commonly known as petrol, dropped by more than 96 per...
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TCN Says National Grid Can Wheel 8,700MW, Rejects Claims It Is Power Sector’s Main Bottleneck
The Transmission Company of Nigeria has dismissed claims that the country’s transmission network is the major obstacle to improved electricity...
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GenCos Say Tinubu’s Approved N3.3tn Power Debt Settlement Yet to Reach Operators
Nigeria’s power generation companies have said they are yet to receive any payment from the N3.3tn power sector debt settlement...
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NERC Allows Solar Power Users to Sell Excess Electricity to DisCos
Electricity consumers with solar power systems can now sell excess electricity generated from their installations to Distribution Companies (DisCos) across...
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Oil Prices Surge Over 3% as Middle East Tensions Escalate and Supply Fears Mount
Brent crude oil prices surged more than $3 per barrel on Monday as escalating geopolitical tensions in the Middle East...
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Nigeria to Launch First Comprehensive Gas and Power Infrastructure Map to Boost Energy Investment
Nigeria is set to unveil its first comprehensive Gas and Power Infrastructure Map at the 25th edition of NOG Energy...
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LASERC Flags 38 Power Operators for Failing to Regularise Licences
The Lagos State Electricity Regulatory Commission (LASERC) has identified 38 companies operating electricity generation and distribution facilities across the state...
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OPEC+ Approves July Oil Output Increase Amid Middle East Supply Concerns
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to increase oil production quotas by a...
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Leaked Shell Documents Reveal Executives Approved Niger Delta Pipeline Operations Despite Spill Warnings
Newly released internal documents have revealed that senior executives at Shell approved the continued operation of oil pipelines in Nigeria’s...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.