Global energy research body, Wood Mackenzie, has said Brent crude oil prices will average $73 per barrel this year, about $2 below Nigeria’s ambitious $75 per barrel projection in the 2025 budget whic...
Millions of Nigerians could soon face widespread mobile network disruptions as telecom towers in Lagos and Ogun States run dangerously low on diesel. A standoff between fuel truckers and the Lagos Sta...
Dangote stated this at a tour of the Refinery complex by the Zambia government delegation, led by the country’s minister of Energy, Makozo Chikote held at the weekend. Dangote disclosed that the oil r...
He also called for massive investment in oil and gas to power the country’s industries and ensure energy security.Elumelu spoke on the sidelines of the Heirs Energies Leadership Forum 2025, with the t...
The summit will be held in Abuja from February 24th to 27th, 2025. The Women in Energy Forum, themed ‘Advancing Africa’s Energy Transformation and Inclusion’, aims to highlight the pivotal role of wom...
President Donald Trump will enlist the help of Republicans in Congress to reduce the debt burden on households and companies, notable oil and gas producers, whom he will allow to expense 100% of capit...
The Nigerian Export Promotion Council (NEPC) recently reported that the nation earned N9.65 trillion from non-oil exports in 2024, representing a rise from N3.14 trillion recorded in 2023. In naira te...
In an exclusive interview with Forbes on Monday, Dangote opened up about the risks involved in such a massive undertaking. “It was the biggest risk of my life. If this didn’t work, I was dead,” he sai...
With zero foreign investment in early 2023, to billions pledged by year’s end – what lies behind the country’s dramatic offshore turnaround, and what are the challenges? The languishing oil sector in&...
China will marginally remain the largest source of growth, even as the pace of its expansion is a fraction of recent trends. Global oil demand growth is projected to average 1.1 million barrels per da...
