TCN Clarifies Onitsha Sub-region Incident, Denies Explosion Claim By Enugu DisCo
The Transmission Company of Nigeria (TCN) has described a publication by Enugu Electricity Distribution Company PLC (EEDC) on August 27, 2025, regarding the cause of...
Month : August 2025
Nigerian Firms Pile Into Short-Term Debt As CBN Rates Soar
Nigerian companies are turning to short-term debt to sidestep record borrowing costs, as the Central Bank of Nigeria’s tight monetary stance squeezes corporate financing FMDQ...
EFCC arrests 12 suspected illegal Bureau de Change operators in Lagos
The Economic and Financial Crimes Commission (EFCC) has arrested 12 suspected illegal Bureau de Change (BDC) operators in Lagos. In a statement on Thursday, EFCC...
The Role of Autonomous Drones in Long-Range Transmission Line Inspections
Inspecting and monitoring long-distance transmission lines has always been both costly and dangerous for utilities. Networks that stretch across remote, rugged terrain make traditional methods...
Global Energy Demand Outpaces Renewable Expansion
While renewable energy sources like solar and wind are growing rapidly, their expansion is currently insufficient to displace the increasing global energy demand met by...
Hydrogen Production: POSTECH–SNU Unveil Rapid Discovery of High-Performance Oxide for Green Hydrogen
It’s no secret that green hydrogen has become a linchpin in the global push towards industrial decarbonization. Yet most production methods still rely on costly...
Petronas Starts Production in Bindu Field
Malaysia’s Petroliam Nasional Berhad (Petronas) has produced the first hydrocarbons from the Bindu field, located 210 kilometers (136 miles) off the coast of Terengganu. The...
Macquarie Strategists Forecast USA Crude Inventory Drop
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting...