Energy

The global commodity trading and investment company Montfort has announced that it has acquired equity in the Matola Terminal de Armazenamento de Petróleos SA, which operates oil tanking storage at …

(Bloomberg) — Demonstrators have interrupted loading of an oil tanker and taken over the control room at Libya’s biggest crude terminal, as a fresh wave of protests across the nation’s …

(Bloomberg) –Libya’s oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability. The standoff comes at an unfortunate time …

Hot on the heels of oil majors either exiting or cutting back their activities in West Africa, comes news of other players moving to fill the gap – in the …

Despite boasting 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria’s per capita consumption of gas is the lowest in the sub-Saharan African region, Ministers of …

Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has urged African countries to urgently embrace renewable energy sources so as not to be left behind in the ongoing rapid global …

The Nigerian National Petroleum Corporation (NNPC) has continued its ongoing major reshuffle of key managerial positions in the national oil company, a move that has affected at least 52 officials …

Shell, a world energy giant, has named Elohor Aiboni as the managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), its Nigeria deep-water business, with effect from 1st …

LG Electronics has pledged to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement formed part of the new LG Electronics Sustainability …

The cost of providing security for the smooth operation of the Oil and Gas Industry in Nigeria is driving up production cost per barrel in the country, the Minister of …