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Oil & Gas

Featured posts

  • Energy TransitionIn the NewsOil & Gas

    Nigeria’s Potential Loss Looms as Oil Prices Near $100 Mark

    by Motoni Olodun April 10, 2024
    by Motoni Olodun April 10, 2024

    Nigeria faces the prospect of missing out on significant opportunities as oil prices soar towards the $100 mark, signaling potential windfalls for oil-producing nations. Despite being a major player in …

  • In the NewsOil & Gas

    Reatile Prepares LNG Solution for South Africa’s Gas Shortage

    by Ikeoluwa Juliana Ogungbangbe March 18, 2024
    by Ikeoluwa Juliana Ogungbangbe March 18, 2024

    Reatile Group steps up with a LNG importation strategy, aiming to bridge the looming gas supply gap and secure South Africa’s energy future amidst challenges.

  • In the NewsOil & Gas

    Senegal’s Presidential Contender Vows to Overhaul Contracts

    by Motoni Olodun March 14, 2024
    by Motoni Olodun March 14, 2024

    Senegal – A Senegalese presidential hopeful has pledged to initiate a comprehensive review of gas and oil contracts, signaling a potential shift in the country’s energy landscape and governance. The …

  • Energy TransitionOil & Gas

    Project Nour: Mauritania’s Green Hydrogen Ambitions

    by Motoni Olodun March 12, 2024
    by Motoni Olodun March 12, 2024

    Mauritania’s ambitious Project Nour is paving the way for the nation to become a global leader in green hydrogen production. This ground-breaking initiative holds the promise of sustainable energy development, …

  • In the NewsOil & Gas

    Senegal’s Opposition Unveils Bold Economic Revamp Ahead of Elections

    by Ikeoluwa Juliana Ogungbangbe March 11, 2024
    by Ikeoluwa Juliana Ogungbangbe March 11, 2024

    Senegal’s opposition coalition, backed by Ousmane Sonko, proposes a new national currency and sweeping contract renegotiations, signaling a major economic overhaul if elected.

  • Oil & Gas

    Cooking Gas Prices Surge, Hitting Households Hard

    by Oluwatosin Racheal Alabi March 4, 2024
    by Oluwatosin Racheal Alabi March 4, 2024

    January sees a sharp 3.55% hike in LPG prices, stressing Nigerian households further amidst ongoing economic difficulties.

  • GovernmentMarketsOil & Gas

    Nigeria’s Import Duty Hike Sparks Cargo Diversion Crisis

    by Oluwatosin Racheal Alabi February 21, 2024
    by Oluwatosin Racheal Alabi February 21, 2024

    Amid rising import duties, Nigerian importers pivot to neighboring countries, escalating concerns over cargo diversion, economic instability, and potential job losses in the maritime and import sectors.

  • Oil & Gas

    Nigeria’s Petrol Price Remains Lowest in West Africa Despite Naira Devaluation

    by Motoni Olodun February 20, 2024
    by Motoni Olodun February 20, 2024

    Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

  • In the NewsOil & Gas

    Gabon Secures Future with Strategic Assala Energy Acquisition

    by Ikeoluwa Juliana Ogungbangbe February 19, 2024
    by Ikeoluwa Juliana Ogungbangbe February 19, 2024

    Gabon secures a strategic victory by acquiring a 75% stake in Assala Energy, demonstrating its commitment to enhancing national sovereignty and boosting the country’s oil sector revenue.

  • Oil & Gas

    Cyprus Gas Discovery: Eni and TotalEnergies Achieve Breakthrough in Block 6

    by Motoni Olodun February 16, 2024
    by Motoni Olodun February 16, 2024

    Eni and TotalEnergies have announced a major success in their exploration activities in Block 6 offshore Cyprus, where they have made a significant gas discovery at the Cronos-2 well. The …

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