News

Nigeria has set an ambitious target of 2.5 million barrels of oil per day by the end of the year, backed by Exxon’s $1.5 ...
Wale Tinubu, said indigenous energy companies are rewriting Nigeria’s energy story doing it with power, purpose, and pride.
Nigeria still has good politicians and technocrats with knowledge, skill and historical depth. The problem is that these politicians are not currently in power.
Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers state following a spill, the independent oil firm said on Tuesday.
Despite the declining global crude price, a ranking showing the world's top 10 largest producer countries has emerged, with ...
Cocoa settled at $9,187 per ton at the New York Commodity Exchange as Africa's most populous country, Nigeria, seeks to ...
Oil spills on Nigeria's mangroves remain a salient problem, especially as the oil sector expands more and more in Nigeria.
In summary, Nigeria’s 2025 budget is heavily reliant on oil revenues, but challenges to oil production and a decline in global oil prices raise concerns about the budget’s feasibility and ...
So, why is this happening? Global tensions, particularly between the US and China, have slowed demand for oil. Additionally, OPEC+ countries have ramped up production, increasing supply and pushing ...
Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023. The award, presented by Nigerian publication Energy Times, recognises SNEPCo’s ...