OPEC Criticises Call to Halt New Oil Project Investments

The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…

India and China Snap Up Russian Oil in April Above ‘Price Cap’

According to traders and Reuters calculations, India and China have snapped up the vast majority of…

Keystone Oil Pipeline Shutdown due to Oil Spill

On Sunday, Canada’s TC Energy said it had not yet determined the cause of the Keystone…

Mackenzie Estimates Huge Hydrogen Demand from Oil and Gas Industry

The global refining industry could create 50 million tonnes of hydrogen demand annually. Wood Mackenzie has…

FPSO Explosion Unlikely to Affect Nigeria’s Oil Output

Possibilities of Nigeria not meeting the production output quota. 1.718 million barrels allocated daily to Nigeria…

NIGERIA: PMS Prices Expected to Hit ₦320/Litre as FG Moves to Remove Subsidy

PMS prices expected to reach ₦320/ltr as FG moves to remove fuel subsidies Stakeholders expect a…

Why Nigeria Should Redirect Oil Subsidy Savings into Developing the Renewable Energy Sector

By Daniel Agbor The recent economic fallout due to the coronavirus pandemic has necessitated the hike…

Oando Completes a $783 Million Acquisition of NAOC

Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…

Bawumia Pledges 2,000MW Solar Power Boost for Ghana

Ghana’s Vice President, Dr Mahamudu Bawumia, announced that the following New Patriotic Party (NPP) administration will…

Ghana’s Justice Minister Advocates for Solar Use in Schools

The Attorney General and Minister for Justice, Ghana, Godfred Yeboah Dame, has proposed using solar energy…