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Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices below $50 per barrel in the…
President Bola Tinubu has enacted the Upstream Petroleum Operations Cost Efficiency Incentives Order 2025, in a move aimed at revitalising Nigeria’s oil and gas industry. This…
Nigeria and Saudi Arabia’s state oil giant Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in…
Export of crude oil started from Nigeria’s Otakikpo onshore terminal, an expandable $1.3 billion facility that is projected to mark a decentralised oil and gas export…
Aliko Dangote, President of Dangote Group and founder of the Dangote Petroleum Refinery, has hinted at an impending “shakeup” in Nigeria’s downstream oil sector. Speaking after…
When @_nonconformist1, a Nigerian living abroad, took to X (formerly Twitter) to express his disbelief over his mother’s electricity bill in Nigeria, he didn’t expect it…
When @_nonconformist1, a Nigerian living abroad, took to X (formerly Twitter) to express his disbelief over his mother’s electricity bill in Nigeria, he didn’t expect it…
The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialised, commodity analysts from Morgan Stanley said. “Notwithstanding the…
Many Nigerian households are being forced to make difficult choices to cope with the rising expense of this essential commodity as the cost of refilling cooking…
The “vast majority” of new homes in England will soon be fitted with solar panels as standard, Ed Miliband, UK energy secretary, has confirmed. Developers warned…