Nigeria and the African Export Import Bank (Afreximbank) have inked a transformative agreement aimed at financing the nation’s ambitious $200 million Liquefied Natural Gas (LNG) project...
Oil prices experienced a 2% decline on Thursday following the United States’ decision to ease sanctions on Venezuela. However, apprehensions of Israel’s military campaign in Gaza...
Oil prices were stable in the early hours of Tuesday after declining by more than $1 on Monday amid rising global uncertainty in the wake of...
Oil prices have stood at the precipice of $100 per barrel as the Israel-Hamas conflict teeters on the brink of drawing in more nations, a possibility...
Minister of Agriculture Abubakar Kyari has revealed the Federal Government’s ambitious strategy to bolster food security and end reliance on imported wheat seeds in Nigeria. Kyari’s...
In a bid to combat the surging cost of Automotive Gas Oil (diesel) in Nigeria, operators of modular refineries have appealed to the Federal Government to...
Engr. Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board, disclosed at the 2023 Petroleum and Natural Gas Senior Staff Association Energy...
Nigeria’s crude oil production surged to 1.35 million barrels per day in September 2023, representing a 14% increase from August. According to the Nigerian Upstream Petroleum...
Saudi Arabia's Pledge to Stabilize Market Tempers Worries; Geopolitical Landscape Keeps Investors Cautious
The persistent power crisis in Africa has emerged as a significant challenge, resulting in annual economic losses of $26.2 billion. This economic drain, equivalent to two...
