The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal Performance – as the...
In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated...
President Bola Ahmed Tinubu has approved the overhaul of the Nigerian National Petroleum Company (NNPC) Limited, removing Mallam Mele Kyari as Group Chief Executive Officer and...
Crude oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be announced at 2000 GMT, which could exacerbate a...
Nigerian Society of Engineers (NSE) has commended President Bola Tinubu for appointing seasoned professionals to lead the Nigerian National Petroleum Company (NNPC). NSEs’ President, Margaret Oguntala,...
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone...
The oil prices declined in the global commodities market on Tuesday ahead of April 2 reciprocal tariffs implementation. The uncertainties about U.S protectionist stance has triggered...
Crude oil prices climbed about 1% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats...
Nigeria Extractive Industries Transparency Initiative has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil Companies just as it...
Movement for the Survival of the Ogoni People (MOSOP) has described as deceptive, the claims being peddled by oil resumption merchants, that oil production in Ogoni...
MRS Oil Nigeria Plc has announced a decision to voluntarily delist from the Nigerian Exchange Limited (NGX) and move to the NASD OTC Securities Exchange. The...
Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though worries over whether Washington’s...
Crude oil prices edged higher on Thursday and hovered near one-month highs on concerns about global supply, but new U.S. tariffs and their expected effect on...
Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself...
Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance spokesperson Tony Okonedo said....