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Crude oil barrels in a row. Image credit - Getty Images The Organization of Petroleum Exporting Countries (OPEC) will meet on November 26 and African countries face the possibility of being asked to stick to new crude oil production…
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President Bola Tinubu has assured Olaf Scholz, German Chancellor, that the power project deal with Siemens AG will take on urgency under his leadership. A statement released by Ajuri Ngelale, presidential spokesperson, said Tinubu…
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It seems a truce will soon be called in the ongoing oilfield dispute between Italian oil company, Eni and the Nigerian government as the oil giant has called for a temporary suspension of the arbitration against the federal government.…
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The Federal Government has lost an estimated $16 trillion to natural gas flaring in ten years amid rising debt stocks, which stood at N87.38 trillion in the second quarter of 2023. The Energy Institute’s 72nd edition of the…
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Nigeria and other oil and gas-producing countries in Africa may face serious economic problems in 2024 as the African Energy Chamber (AEC) projects a drastic reduction in the continent’s crude oil production. While Nigeria is…
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Nigeria’s Minister of Power, Adebayo Adelabu, has announced a collaborative deal with Sun Africa LLC, a l US-based renewable energy solutions provider. Adelabu made the announcement via his X handle (formerly twitter) on November…
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By Patience Chat Moses As part of efforts to fortify Nigeria’s trade competitiveness, the Nigerian Ports Authority (NPA) has revealed plans to use about $1.1 billion for the rehabilitation of all the ports in Nigeria in the first…
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Residents of South East, South-South and North Central zones may escalate as fuel scarcity looms in the following threat by the Eastern zone of the Independent Petroleum Marketers Association of Nigeria, IPMAN to withdraw their…
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*Fuel dispenser nozzle. One, out of the four PMS cargoes allotted for Rivers State and environs by NNPC Ltd has arrived Port Harcourt, the Independent Petroleum Marketers Association of Nigeria has confirmed. Recall that due to the…
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L-R: Growth and Portfolio Project Lead, The Shell Petroleum Development Company of Nigeria Ltd, Uche Johnbosco; Exploration Manager, Gogo Eneyok; Head NGO and Human Rights Relations, Mercy Elegbe;  Head, Seismic Processing, Magnus Kanu; …
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