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In the News

  • In the News

    Clause Threatening Municipal Electricity Revenues May Be Excluded

    by Motoni Olodun August 27, 2024
    by Motoni Olodun August 27, 2024

    A clause threatening municipal electricity revenues may be excluded from the ERA, addressing concerns over financial stability for local governments and ensuring fair energy regulation.

  • In the News

    Exxon Resumes Full Oil Production in Guyana After Pipeline Work

    by Victor Adetimilehin August 27, 2024
    by Victor Adetimilehin August 27, 2024

    ExxonMobil has resumed full oil production in Guyana after completing crucial pipeline work, marking a return to full capacity and advancing energy infrastructure projects.

  • In the News

    Oil Prices Jump 3% Amid Libya Output Cuts and Middle East Tensions

    by Victor Adetimilehin August 27, 2024
    by Victor Adetimilehin August 27, 2024

    Oil prices jumped 3% as Libya’s production cuts and Middle East tensions heighten supply concerns, causing market fluctuations.

  • In the News

    Responsible Mining in Africa: Key to Powering a Greener Future

    by Adenike Adeodun August 26, 2024
    by Adenike Adeodun August 26, 2024

    As the world shifts to renewable energy, Africa’s minerals are in high demand. Learn how responsible mining can drive a sustainable energy future while benefiting local communities.

  • In the News

    Oil Theft in Nigeria Intolerable, No More Excuses for Inaction, Says WTO Chief

    by Ikeoluwa Juliana Ogungbangbe August 26, 2024
    by Ikeoluwa Juliana Ogungbangbe August 26, 2024

    Ngozi Okonjo-Iweala demands immediate action against crude oil theft in Nigeria, urging the use of technology to protect national assets.

  • In the News

    Nigeria’s Oil Surveillance Contracts Spark Controversy

    by Motoni Olodun August 26, 2024
    by Motoni Olodun August 26, 2024

    Nigeria’s multimillion-dollar oil surveillance contracts have sparked controversy, raising questions about transparency and potential duplication.

  • In the News

    Sinopec Sees Profit Boost Amid Record Oil and Gas Output

    by Victor Adetimilehin August 26, 2024
    by Victor Adetimilehin August 26, 2024

    Sinopec posts a 2.6% profit increase in the first half of 2024, driven by record oil and gas production, while shifting focus to LNG and EV charging to combat weak …

  • In the News

    Oil Prices Surge as Fed Hints at Rate Cuts

    by Victor Adetimilehin August 25, 2024
    by Victor Adetimilehin August 25, 2024

    Oil prices jumped over 2% as the Federal Reserve hinted at potential interest rate cuts, sparking optimism in a market facing global economic uncertainty.

  • Energy TransitionIn the News

    Telcos Invest Billions to Protect Networks From Theft, Power Cuts, and Climate Risks

    by Ikeoluwa Juliana Ogungbangbe August 24, 2024
    by Ikeoluwa Juliana Ogungbangbe August 24, 2024

    South Africa’s telecom giants invest heavily to protect networks from power cuts, theft, and climate risks, ensuring reliable services.

  • In the News

    Africa Positioned to Lead Global Green Hydrogen Market, Overcoming Key Challenges

    by Adenike Adeodun August 23, 2024
    by Adenike Adeodun August 23, 2024

    Africa could lead the global green hydrogen market, but success depends on overcoming transport and investment challenges.

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  • Nigeria’s oil output climbs to 1.459 million bpd but still misses OPEC target
  • NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion Profit in 2025
  • NNPC Warns of Temporary Gas Supply Cut to Power Plants
  • Femi Otedola Could Drop Below N1000/$ as Dangote hits full capacity
  • Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria’s oil output climbs to 1.459 million bpd but still misses OPEC target
NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion Profit in 2025

Latest Stories

Nigeria’s oil output climbs to 1.459 million bpd but...
NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion...
NNPC Warns of Temporary Gas Supply Cut to Power...

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