Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
Oil & Gas
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BusinessEconomyEnergyGovernanceLabourOil & Gas
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BusinessEconomyEnergyGovernment PolicyInfrastructureOil & Gas
Tinubu Hails NNPC and Sahara Group Over New LPG Vessel ‘MT Iyaloja Lagos’
President Bola Ahmed Tinubu has praised the Nigerian National Petroleum Company Limited (NNPC Ltd) and Sahara Group for their commitment to strengthening Africa’s role in the global clean energy market. …
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EnergyGeopoliticsMarket ForecastOil & GasTrade & Investment,
OPEC and IEA Disagree on Oil Market Outlook for 2025-2026
The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) are still giving different forecasts for the oil market over the next two years. Their latest …
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Community DevelopmentEconomyEnvironmentNigeriaOil & GasSecurity
NNPCL to Expand Tantita Security’s Pipeline Surveillance Across Niger Delta
A concerned citizen, Mr. Prezugha Ezon, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to extend the pipeline surveillance contract of Tantita Security Services …
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EnergyInternational AffairsLeadershipNigeriaOil & Gas
Nigerian Geoscientist Seye Ekun Elected Vice President of AAPG Africa Region
A Nigerian petroleum geoscientist, Mr. Seye Ekun, has been elected as the Vice President of the American Association of Petroleum Geologists (AAPG) Africa Region. His tenure will run from July …
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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AFRICA NEWSBusinessEnergyEnvironmentLegal AffairsOil & Gas
South African Court Cancels TotalEnergies Oil Exploration Permit
A South African court has cancelled the environmental authorisation that allowed TotalEnergies and its joint venture partner, Shell, to carry out offshore oil exploration off the country’s west coast near …
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BusinessEconomyMiningOil & GasPolitics
Key Economic and Political Events Set to Shape African Markets on Thursday
Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …
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President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
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BusinessEconomyEnergyLibyaOil & GasPublic Services
Brega Oil to Boost Cooking Gas Supply in Western, Southern Libya
Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …