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TCN Clarifies Onitsha Sub-region Incident, Denies Explosion Claim By Enugu DisCo

adminAugust 29, 2025

by adminAugust 29, 20250694

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

Currency & Economy

Nigerian Firms Pile Into Short-Term Debt As CBN Rates Soar

adminAugust 29, 2025

by adminAugust 29, 20250386

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

Currency & Economy

EFCC arrests 12 suspected illegal Bureau de Change operators in Lagos

adminAugust 29, 2025

by adminAugust 29, 20250365

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

Power

The Role of Autonomous Drones in Long-Range Transmission Line Inspections

adminAugust 28, 2025

by adminAugust 28, 20250781

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

Crude Upstream

Moscow Claims EU Has Lost $1 Trillion From Ditching Russian Energy

adminAugust 28, 2025

by adminAugust 28, 20250715

Russia claims the European Union has lost $1.16 trillion (1 trillion euros) due to terminating energy and other trade deals with Moscow over the past

Energy Renewable Energy

Global Energy Demand Outpaces Renewable Expansion

adminAugust 28, 2025

by adminAugust 28, 20250728

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

Gas Mobility

Hydrogen Fuel Cells Propel NYC’s First Zero-Emission Ferry with $2M NYSERDA Grant

adminAugust 27, 2025

by adminAugust 27, 20250759

SWITCH Maritime LLC snagged a $2 million grant from NYSERDA to roll out and trial New York City’s first 150-passenger hydrogen fuel cell-electric ferry. Slated

Upstream

Hydrogen Production: POSTECH–SNU Unveil Rapid Discovery of High-Performance Oxide for Green Hydrogen

adminAugust 27, 2025

by adminAugust 27, 20250694

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

Upstream

Petronas Starts Production in Bindu Field

adminAugust 27, 2025

by adminAugust 27, 20250723

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

Upstream

Macquarie Strategists Forecast USA Crude Inventory Drop

adminAugust 27, 2025

by adminAugust 27, 20250719

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