Nigeria aligns with global energy demand through NNPCL restructuring. Posted by By Esther Udoh April 4, 2025 As Nigeria implements the Petroleum Industry Act (PIA) to reform key agencies and enhance the…
LNG shipments arrive in Europe at steeper discounts. Posted by By Esther Udoh April 4, 2025 LNG shipments to Europe are becoming cheaper due to increased competition among terminals for extra…
Nigerian companies pursue brownfield assets to enhance oil production. Posted by By Esther Udoh April 4, 2025 Nigerian companies are developing brownfield oil assets to boost production and reduce emissions. Intrepid Energy…
Muda Yusuf: Restricting solar panel imports will deepen Nigeria’s energy crisis. Posted by By Esther Udoh April 4, 2025 Dr. Muda Yusuf, the Chief Executive Officer (CEO) of the Centre for the Promotion of…
Oil Drops, Gold Surges as Traders Assess Impact of Trump Tariffs Posted by By Esther Udoh April 4, 2025 President Trump’s announcement of reciprocal import tariffs caused a drop in oil prices on Thursday,…
OPEC+ to Increase Oil Supply More Than Expected in May Posted by By Esther Udoh April 4, 2025 OPEC+ agreed to a larger-than-expected oil supply hike in May, adding 411,000 barrels per day—three…
EIP Ups Stake in Eni Renewables to 10% Posted by By Esther Udoh April 4, 2025 EIP invested an additional EUR 209 million in Eni Plenitude, raising its stake to 10%.…
NEITI, JP Morgan Urge NNPCL on Governance, Asset Use Posted by By Esther Udoh April 4, 2025 Oil and gas analysts and stakeholders express confidence in the new NNPCL board, emphasizing the…
Africa Energy Bank gains momentum with capital from Nigeria, Angola, and Ghana. Posted by By Esther Udoh April 2, 2025 Nigeria, Angola, and Ghana have met their capital commitments for the Africa Energy Bank (AEB),…
Heirs Energies aims for 100,000 daily oil production. Posted by By Esther Udoh April 2, 2025 Heirs Energies is investing heavily to boost oil production in Nigeria. CEO Osayande Igiehon, speaking…