Nigeria’s oil industry may soon experience a major turnaround, as six new offshore projects are expected to boost the country’s crude oil output by about 800,000 barrels per day (bpd). …
Peabody Energy, a mining company based in the United States, is expected to announce on August 19 whether it will continue with its $3.78 billion bid to buy Anglo American’s …
Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …
Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …
Libya’s Presidential Council has announced plans to investigate and audit major contracts in the country’s oil and electricity sectors following years of heavy spending with little progress. The media office …
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …
Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …
The United States and Turkey have held fresh high-level talks aimed at strengthening cooperation on key regional issues, with the ongoing crisis in Libya topping the agenda. The meeting took …
The Democratic Republic of Congo (DRC) is set to host its largest-ever private energy investment in the east after U.S.-based Symbion Power LLC pledged $700 million for a 140-megawatt (MW) …
The Federal Government has announced that it has disbursed over N80 billion in student loans to Nigerian tertiary institutions, while also unveiling a N100 billion solar energy project for public …
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