While global renewable energy capacity saw a record surge in 2024, Nigeria’s progress remained stagnant at…
Category: Prospects & Challenge
Ithaca Energy Restructures Amid Expansion, Job Losses Expected
After acquiring Eni UK assets, Ithaca Energy (ITH.L), a key player in North Sea oil and…
Shell Flags Uncertain Outcome of $1.6-Billion Russian Court Claim
The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain.…
Dangote Refinery Buys First Algerian Crude Cargo
Nigeria’s Dangote refinery has bought its first cargo of Algeria’s Saharan Blend crude, Argus Media reported.…
Trump Slaps 25% Tariff on Venezuela’s Trade Allies
U.S. President Donald Trump introduced a 25% customs duty on goods from countries engaging with Venezuela’s…
Shell Brasil Greenlights Gato do Mato Project, Aiming for 120,000 Barrels Daily by 2029
Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, has approved the development of the Gato…
Ukraine, U.S. Delegations Hold Talks in Saudi Arabia
Ukraine and U.S. delegations held talks on Sunday, March 23, in Saudi Arabia. They discussed protecting…
PURC Urges Investors to Tap Into Tumu’s Excess Electricity for Industrial Growth
Dr Shafic Suleman, Executive Secretary of the Public Utility Regulatory Commission (PURC), urged industrialists to establish…