Nigeria has faced a significant setback in its crude oil production, failing to meet its Organisation of Petroleum Exporting Countries (OPEC) quota and resulting in an estimated loss of $13.5…
In the News
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Canberra, the heart of Australia’s capital, is set to power over 10,000 homes through an innovative landfill gas capture initiative. In a bid to slash greenhouse gas emissions, the Australian…
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In a significant setback for Nigeria’s oil and gas industry, Shell has reportedly withdrawn from a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPC) and the…
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Oil prices experienced a resurgence as market sentiment suggested OPEC and its partners are poised to counter the recent sharp decline in prices. West Texas Intermediate (WTI) saw a 4%…
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In the Chimanimani district, a transformative biogas project by Practical Action is making a significant impact. Beneficiaries say it’s changing lives and promoting sustainable natural resource use. This project provides…
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Arla Foods Nigeria, the producer of Dano milk, has embarked on an ambitious four-year energy transition plan. This plan involves constructing a solar power plant at its state-of-the-art dairy farm…
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The European Union (EU) is set to announce a deal to reduce methane emissions from the energy sector, a move that could have global implications for major energy importers. The…
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In Lagos, at the 41st annual international conference of the Nigerian Association of Petroleum Explorationists, the Nigerian National Petroleum Company Limited’s (NNPCL) Managing Director, Mele Kyari, raised concerns over the…
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In a remarkable financial development, the Nigerian Exchange Limited (NGX) Oil & Gas index has outperformed other indices on the bourse year-to-date (YtD). The NGX Oil & Gas index appreciated…
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Uganda is gearing up to start producing oil by 2025, but the ambitious plan faces many challenges and controversies. The country has discovered about 6.5 billion barrels of crude oil…