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Government

  • GovernmentIn the News

    Prominent Businessman Chris Igwe Shifts to APC in Major Political Move

    by Oluwatosin Racheal Alabi January 17, 2024
    by Oluwatosin Racheal Alabi January 17, 2024

    In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.

  • Government

    Cape Town Seeks to End Loadshedding by Buying Power from Private Generators

    by Motoni Olodun January 16, 2024
    by Motoni Olodun January 16, 2024

    Cape Town, the second most populous city in South Africa, is taking steps to reduce its dependence on the national power utility Eskom and shield its residents and businesses from …

  • GovernmentIn the News

    Tinubu Greenlights Fundraising to Resurrect Ajaokuta Steel Plant

    by Oluwatosin Racheal Alabi January 12, 2024
    by Oluwatosin Racheal Alabi January 12, 2024

    President Bola Tinubu approves strategic fundraising as Minister Audu and TCN unite to revitalize the Ajaokuta Steel Company Limited.

  • GovernmentOil & Gas

    Petrodel and Octant’s Alliance: A Step Forward in Tanzania’s Oil Exploration

    by Oluwatosin Racheal Alabi December 13, 2023
    by Oluwatosin Racheal Alabi December 13, 2023

    Tanzania has been gradually emerging as a significant player in the oil and gas industry.

  • Government

    China’s Green Energy Dominance in Africa Threatens Western Interests

    by Motoni Olodun December 12, 2023
    by Motoni Olodun December 12, 2023

    China has been investing heavily in renewable energy projects across Africa, securing its access to critical minerals and challenging the influence of Western powers. A recent report by the China …

  • Government

    Nigeria’s Oil Sector Stagnates as Red Tape Holds Back Investment

    by Motoni Olodun December 11, 2023
    by Motoni Olodun December 11, 2023

    Nigeria, Africa’s largest oil producer, is failing to attract new investment into its energy sector due to bureaucratic hurdles and regulatory uncertainty. According to data from the Nigerian Upstream Petroleum …

  • GovernmentIn the News

    Nigeria and Germany Seal Historic Deal to Boost Power Supply by 12,000MW

    by Motoni Olodun December 3, 2023
    by Motoni Olodun December 3, 2023

    Nigeria has taken a major step towards improving its power sector as President Bola Tinubu and the German Chancellor, Olaf Scholz, signed a landmark agreement on Friday in Dubai, United …

  • Government

    China’s Generous Gift to South Africa: A Solution to Load Shedding?

    by Motoni Olodun November 30, 2023
    by Motoni Olodun November 30, 2023

    South Africa has received the first batch of energy equipment donated by China to help the country cope with the ongoing power crisis. The donation is part of a technical …

  • GovernmentIn the News

    How Europe’s Energy Crisis Boosts Nigeria’s Oil Exports Amid Russia-Ukraine War

    by Motoni Olodun November 9, 2023
    by Motoni Olodun November 9, 2023

    The ongoing war between Russia and Ukraine has disrupted the global oil market, affecting Nigeria’s crude exports to Asia. However, Nigeria has also benefited from the increased demand from Europe, …

  • Energy TransitionGovernment

    Federal Government Seeks Extension on Power Sector Decisions

    by Adenike Adeodun October 31, 2023
    by Adenike Adeodun October 31, 2023

    The Federal Government called for additional time to address the country’s ongoing electricity issues as 17 generation and distribution licenses stand for either renewal or revocation tomorrow. This mirrors past …

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Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil signals $4.5 billion refining profit boost in third quarter as war lifts margins
Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd plant nears commissioning

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ExxonMobil signals $4.5 billion refining profit boost in third...
Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd...
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