The New Economy Forum in Singapore brought together global leaders from China, Saudi Arabia, and Singapore to discuss the challenges and opportunities of the new economy. They emphasized the need…
In the News
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Nigeria’s energy woes intensify as inadequate electricity supply, a faltering national grid, and costly fossil fuels plague the nation. With a booming population and economic growth, experts insist Nigeria requires…
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NNPC-Aiteo JV introduces Nembe crude, offering a low-sulphur, high-quality option to European markets at the Argus Conference in London.
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Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.
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Nigeria’s electricity capacity has dipped by 37 percent over the past seven years, despite a N3 trillion federal investment, reports the Nigerian Electricity Regulatory Commission (NERC). The agency’s “2022 Market…
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Minister of State for Petroleum Resources Heineken Lokpobiri revealed ambitious plans to elevate Nigeria’s crude oil production to at least two million barrels daily by the end of 2023. During…
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Masters Energy Oil and Gas Limited forges ahead with a bold $500 million investment in Nigeria’s gas infrastructure, highlighting a robust plan to enhance storage and distribution capacities across the…
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A surge in consumer disputes over gas and electricity bills has been reported by the Energy Ombudsman, a watchdog that handles complaints about energy companies in the UK. The Ombudsman…
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In a significant move towards enhancing Angola’s energy sector sustainability, Chevron’s subsidiary, Cabinda Gulf Oil Company Limited (CABGOC), has forged a partnership with the nation, underpinning a commitment to identify…
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Oil prices are poised for a second consecutive weekly decline as the Israel-Hamas conflict shows no signs of escalation, and concerns emerge on the demand front. Global benchmark Brent has…