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Nigeria

  • In the NewsOil & Gas

    Kyari: Nigeria to Start Exporting Refined Petroleum in 2024.

    by Adenike Adeodun October 10, 2023
    by Adenike Adeodun October 10, 2023

    Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no …

  • Oil & Gas

    How Nigeria’s Fuel Crisis Could Be Solved by Private Importers

    by Motoni Olodun October 10, 2023
    by Motoni Olodun October 10, 2023

    Nigeria, Africa’s largest oil exporter, is facing a severe fuel shortage as the national oil company struggles to meet the demand of its 200 million citizens. The country relies heavily …

  • Oil & Gas

    NNPC Pipeline Deals Spark Outrage in Nigeria’s Oil Sector

    by Motoni Olodun October 5, 2023
    by Motoni Olodun October 5, 2023

    The Nigerian National Petroleum Company Limited (NNPC) has come under fire from industry operators for awarding contracts to rehabilitate the country’s pipelines to four companies, two of which are downstream …

  • Oil & Gas

    Dangote Refinery Reduces Gas Flaring with Norwegian Technology

    by Motoni Olodun September 29, 2023
    by Motoni Olodun September 29, 2023

    The Dangote Refinery, Africa’s largest oil refining facility, has installed 18 ultrasonic flare gas meters from Fluenta, a Norwegian company, to reduce its environmental impact and comply with Nigerian regulations. …

  • Markets

    Shell-Backed Solar Plant Challenges China’s Market Share

    by Motoni Olodun September 29, 2023
    by Motoni Olodun September 29, 2023

    Nigeria, a country with abundant oil and gas resources, is facing a chronic power crisis that affects millions of its citizens. The national grid is unreliable and insufficient, forcing many …

  • In the News

    Afreximbank Partners with Oil Traders on NNPC’s $3bn Loan

    by Oluwatosin Racheal Alabi September 28, 2023
    by Oluwatosin Racheal Alabi September 28, 2023

    The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil …

  • In the News

    Qua Iboe Crude Exceedes $100 in Nigeria Amid Global Shortage.

    by Adenike Adeodun September 19, 2023
    by Adenike Adeodun September 19, 2023

    For the first time since 2022, the Qua Iboe, a renowned Nigerian crude variant, has witnessed its price soar past $100 per barrel. This noteworthy surge stems from a continuing …

  • In the News

    Nigeria’s Petrol Imports Slump as Subsidy Removal Bites

    by Motoni Olodun September 14, 2023
    by Motoni Olodun September 14, 2023

    Nigeria, Africa’s largest oil producer, has seen a sharp decline in its petrol imports in the second quarter of 2023, following the removal of the controversial fuel subsidy that had …

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Nigeria’s Oil Boom: Record Production in September 2023

Iran war seen driving surge in Africa’s renewable energy investments, AVCA CEO says
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Iran war seen driving surge in Africa’s renewable energy...
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