Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

Oil Prices Decline Amid Supply Concerns 

  The oil market saw a 1 per cent decline in prices in the Asian trading…

Nigeria’s Oil and Gas Sector is Poised for a $10 billion Investment Surge

Nigeria, aiming to attract $10 billion in oil and gas investments over the next 12-18 months,…

Kenya, Uganda Initiate Talks on Eldoret-Kampala Oil Pipeline Extension

The Kenya Pipeline Company (KPC) has announced that Kenya and Uganda have initiated discussions about extending…

Senegal Becomes an Oil Exporter, Delivers First Batch of Crude Oil to Europe

Senegal has delivered its first batch of crude oil to Europe. According to trading sources and…

Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024

Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…

DropDown: We Are Seeing a Crash in Nigeria’s Cooking Gas (LPG) Prices

Liquefied Petroleum Gas (LPG) dealers on Wednesday, June 5, the Nigerian government’s ban on importing Liquefied…

Fuel Prices Fall in Tanzania

The Energy and Water Utilities Regulatory Authorities (Ewura) have announced a decrease in the price of…

NUPRC to Implement PIA, Increase Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…