Oil & gas

Oando Shareholders Back Growth Strategy

Shareholders of Oando Plc have reaffirmed their support for the company’s growth strategy after approving all resolutions presented at its 47th Annual General Meeting in Lagos. The AGM, held on...

Talba urges harmonisation of energy policies

Dr Imamuddeen Talba, Pioneer Chairman, Steering Committee of the Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A), has...

Tinubu’s new deep offshore investment framework, game changer for oil sector – Group

The Democratic Front (TDF) has endorsed President Bola Tinubu's approval of a landmark investment framework for the nation's...

Train Commercial Divers For Maritime, Oil Sectors, Stakeholders Urge A’Ibom Govt

By Dianabasi Effiong Stakeholders in the oil and gas and blue economy sectors have called on the Akwa Ibom...

Oil prices drop after US, Iran pause fighting over weekend

Oil prices tumbled more than 5% on Monday after the U.S. and Iran paused strikes over the...
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Energy transition in Africa: Lessons from South Africa, Senegal

By NJ Ayuk (Executive Chairman, African Energy Chamber) Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing...

Why oil production inches closer to 1.7mbpd – NNPCL

Lagos, May 20, 2024 - Crude oil production is nearing 1.7 million barrels per day, according to the Group Chief Executive Officer of the...

Fuel pump price up to N617 per litre

The Price of Petroleum Motor Spirit (PMS), otherwise known as petrol or fuel, has increased to about N617 per litre across filling stations.

Nigerian oil industry crisis may linger despite suspension of latest strike

By Paul Ejime Nigeria’s major oil workers union, PENGASSAN has announced the suspension of its two-day strike, but warned that the action would resume “without any...

NNPC increases petrol prices to between N855-N897 per litre…

The Nigerian National Petroleum Company Limited has raised the price of Premium Motor Spirit (PMS) from its former prices of between N568-N617 per litre...

Oil Prices Drop on Trump’s First Day in Office

On his first day in office, US President Donald Trump signed an executive order to withdraw from the Paris Climate Agreement and instructed the...
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