The oil sector contracted by 10.73 percent year-on-year and contributed just 7.49 percent to the total real Gross Domestic Product (GDP) in the third quarter (Q3)...
The African Export-Import Bank, also known as Afreximbank has given the Nigerian National Petroleum Corporation (NNPC) financial assistance to the tune of $1.04 billion, in order...
Oil prices fell on Wednesday after the International Energy Agency (IEA) and OPEC warned of impending oversupply and as COVID-19 cases in Europe increased the downside...
Global regulators must work together on an international framework to stamp out potential ‘greenwashing’ as capital inflows increase, affirms the CEO of one of the world’s...
Nigeria’s Aiteo, a Lagos-based international oil and gas company has reported an oil spill that is classified as “extremely high order” from one of its wells...
Oil prices rose above $83 a barrel in volatile trading on Thursday, recovering from sharp falls triggered by concerns over increasing U.S. inflation as OPEC cut...
Despite the global shift towards cleaner sources of fuel, the African continent – representing the highest number of people without access to energy globally – still...
The surge in the price of gas prices has caused many Nigerians to resort to firewood and charcoal to cook, according to an open letter written...
Jeremiah Thoronka, a student from Sierra Leone who invented a device that uses kinetic energy from traffic and pedestrians to generate clean power, has been named the winner of...
The price of Brent crude oil heads towards $81 a barrel after President Joe Biden said his administration was looking for ways to reduce energy costs...
