The $5 billion Africa Energy Bank expects to begin financing energy projects in early 2027, APPO…
Tag: OPEC
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…
Saudi Arabia, Russia Call for Energy Market Stability
Saudi Arabia and Russia have urged greater stability in global energy markets as conflicts in Iran…
Nigeria’s Oil Output Rises, Misses OPEC Target
Nigeria’s oil output continues to show a cautious recovery, although it still trails The Organization of…
$100m Investment: Emadeb Achieves First Oil at Ibom Field
Emadeb Petroleum Exploration & Production Company Limited started commercial crude oil production from its Ibom Field…
Bonny Crude Gains 8.2% as Sanctions on Russia Disrupt Global Supply
Nigeria’s Bonny Light crude surge has captured global attention as prices reach their highest weekly gain…
OPEC-Africa Roundtable to Shape Africa’s Energy Future
At African Energy Week (AEW) 2025 in Cape Town, ministers, policymakers, and industry leaders will join…
NUPRC Rejects False N8.4trn Oil Theft Report
The Nigerian Upstream Regulatory Commission (NUPRC) oil theft report has sparked debate after The PUNCH alleged…
Kuwait Affirms Leadership in OPEC at 65th Anniversary
Kuwait remains key oil player as OPEC, reaffirming its commitment to the organisation’s strategic vision during…
S&P Global Predicts Brent Could Drop to $55 Amid OPEC+ Supply Surge
S&P Global has forecast a Brent crude price drop that could push prices to $55 per…