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In the News

  • In the News

    IEA: Upcoming NDCs Will Be Crucial for Achieving Renewables Tripling Target

    by Motoni Olodun September 25, 2024
    by Motoni Olodun September 25, 2024

    The IEA highlights the importance of the next round of NDCs in reaching the goal of tripling global renewable energy capacity by 2030 and urges bold policy action.

  • In the News

    OPEC Raises Long-Term Oil Demand Outlook on Developing Growth

    by Victor Adetimilehin September 25, 2024
    by Victor Adetimilehin September 25, 2024

    OPEC has raised its long-term oil demand forecast, predicting that global demand will reach 120.1 million barrels per day by 2050, driven by growth in developing economies.

  • In the News

    Nigeria Must Prioritize E-Mobility to Drive Economic Growth

    by Adenike Adeodun September 24, 2024
    by Adenike Adeodun September 24, 2024

    Nigeria’s transition to electric vehicles offers a chance for economic growth, reduced emissions, and infrastructure development. Clear policies and local production are essential.

  • In the News

    Crucial for Tripling Global Renewables, Says IEA

    by Motoni Olodun September 24, 2024
    by Motoni Olodun September 24, 2024

    The IEA stresses that the next round of NDCs will be crucial for tripling global renewable energy capacity by 2030, urging governments to boost commitments and investments.

  • Energy TransitionIn the News

    Nigeria Powers Up Universities with 100MW of Clean Energy

    by Ikeoluwa Juliana Ogungbangbe September 24, 2024
    by Ikeoluwa Juliana Ogungbangbe September 24, 2024

    Nigeria’s REA will deliver 100MW of solar power to 24 universities, boosting education with reliable clean energy and sustainable long-term plans

  • In the News

    Oil Firms Evacuating Gulf of Mexico Staff as Major Hurricane Nears

    by Victor Adetimilehin September 24, 2024
    by Victor Adetimilehin September 24, 2024

    U.S. oil producers are evacuating workers from Gulf of Mexico platforms and shutting down operations as Hurricane Helene approaches, bringing threats of severe winds and storm surges to the region

  • In the NewsMarketsOil & Gas

    Nigeria’s NOSDRA Aims to Strengthen Oil Spill Regulations

    by Ikeoluwa Juliana Ogungbangbe September 23, 2024
    by Ikeoluwa Juliana Ogungbangbe September 23, 2024

    NOSDRA plans to enhance oil spill regulations, collaborating with CNA to implement global safety standards and improve regional oil spill response efforts

  • In the News

    Sasol, Eskom Partner to Avert Gas Cliff with LNG Imports

    by Adenike Adeodun September 23, 2024
    by Adenike Adeodun September 23, 2024

    Sasol and Eskom signed an MoU to explore LNG imports to replace declining gas supplies from Mozambique by 2027, with plans to anchor demand via gas-to-power generation.

  • Energy TransitionIn the News

    Climate Activists Target Oil Sands as Emissions Transparency Fades

    by Motoni Olodun September 23, 2024
    by Motoni Olodun September 23, 2024

    Climate activists are increasing pressure on oil sands companies to be more transparent about emissions, as silence threatens climate change goals.

  • In the News

    Oil Edges Up Following US Rate Cut Move, Geopolitical Concerns

    by Victor Adetimilehin September 23, 2024
    by Victor Adetimilehin September 23, 2024

    Oil prices edged up on Monday, supported by geopolitical concerns in the Middle East and the U.S. Federal Reserve’s recent interest rate cut, which is expected to boost economic activity …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
Nigerian Oil & Gas Sector Surges 31% in 2026

Latest Stories

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry...
Nigerian Oil & Gas Sector Surges 31% in 2026
Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran...

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