Nigeria adjusts oil production targets, focusing on realistic goals and sector revitalization.
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Markets
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Angola, Africa’s second-largest oil producer, has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that could have significant implications for the global oil …
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The United Arab Emirates (UAE) is leading the way in Africa’s clean energy transition with a 10GW growth plan across six Sub-Saharan nations, announced by its renewable energy company Masdar …
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Germany’s €4 billion investment boosts Africa’s green energy sector.
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The International Energy Agency (IEA) has released its latest oil market report, forecasting a strong recovery in global oil demand in the next two years. According to the IEA, oil …
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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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Fuel scarcity in Nigeria is set to worsen as 86 oil trading companies have reportedly surrendered their permits to import Premium Motor Spirit (PMS), commonly known as petrol. This development, …
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The necessity for an electricity subsidy in Nigeria comes into sharp focus as the Association of Electricity Distributors of Nigeria (ANED) stresses its indispensability for affordable power. ANED emphasizes that …
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In a significant leap towards rural electrification, the Rural Electrification Agency (REA) has formed a strategic partnership with the Africa Mini-grid Developers Association (AMDA). The groundbreaking Memorandum of Understanding, signed …