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Oil price dips as OPEC+ approves cuts by 432,000 bpd in May

Oil price has dropped further after the Organization of Petroleum Exporting Countries…

3 Min Read

Idle NNPC refineries lose N227.4bn since shutdown

Despite not processing any crude oil since June 2019, the refineries owned…

IRENA members pave way for new cooperation on critical materials

Members of the International Renewable Energy Agency (IRENA) have launched a new…

3 Min Read

Nigeria’s new gas production to hit 1,780 bcf by 2022, targets Europe

Nigeria is on course to produce 1,780 billion cubic feet (bcf) in…

3 Min Read

19 African countries access Regional off-grid electricity

Nineteen countries across Africa are set to benefit from the Regional Off-Grid…

3 Min Read

Foreign investment in Nigeria hits five-year low

The total value of capital importation into Nigeria declined year-on-year by 31…

Oil price surges, as fire razes Saudi Aramco oil storage facility

The global oil price has risen as a new social media video…

2 Min Read

Russia-Ukraine conflict: Russia considers accepting cryptocurrency for oil payments

Russia has indicated that it is considering digital currencies or cryptocurrency as…

2 Min Read
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