oil

The ongoing war between Russia and Ukraine has disrupted the global oil market, affecting Nigeria’s crude exports to Asia. However, Nigeria has also benefited from the increased demand from Europe, …

Nigeria’s oil regulator, the NUPRC, has warned crude suppliers to comply with their obligations to provide adequate crude oil to local refineries, as stipulated by the new Petroleum Industry Act …

To address energy concerns, German Chancellor Olaf Scholz initiates discussions with Nigeria and other West African nations. The focus is on importing more oil and gas. Scholz, on his third …

Africa is undergoing a massive transformation in its energy sector, with an estimated $800 billion investment in upstream oil and gas projects over the next 20 years. According to a …

Petronas, the Malaysian state-owned oil and gas company, has acquired a 40% stake in Block 20 in Angola’s Kwanza Basin from TotalEnergies, the French energy giant. The deal, which was …

Japan is facing a challenge to ensure a stable energy supply amid the US sanctions on Russia, which is one of its major sources of oil, gas, and coal. The …