Thursday, April 16, 2026
Oil pipeline security contract: Nigeria lost $800m to breaches under previous system-NNPC
Following widespread backlash over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the...
Read moreDetailsOil prices rally to $63 on comments from Rouhani, improved US-Chinese trade relations
Crude oil prices rallied again on Tuesday, with defiant comments by Iran's president and the thawing of US-Chinese trade relations...
Read moreDetailsExxonMobil to power oil production using solar, wind farms
ExxonMobil is looking to renewable energy sources to power its shale production in the Permian basin as it signs a...
Read moreDetailsUnsubsidised solar, onshore wind energy now cheapest forms of energy generation – BNEF
Unsubsidised solar and onshore wind energy are now the most cost effective source of new bulk power in all major...
Read moreDetailsNLNG responsible for 65% decline in gas flaring- Attah
Nigerian Liquefied Natural Gas Limited (NLNG), the country’s owned gas company has said it is responsible in part for the...
Read moreDetailsFrance sets 40% cut in fossil fuel usage by 2030
France is blazing the clean energy trail for other developed economies to follow, as it is setting more ambitious targets...
Read moreDetailsJP Morgan sees OPEC cutting output by 1.2 million barrels
JP Morgan has said that the Organisation of Petroleum Exporting Countries (OPEC) might have to cut its crude output by...
Read moreDetailsExperts advise govt to create special fund for oil exploration
Nigeria’s oil reserves remain stagnated at 36.18 billion barrels of crude oil reserves despite a target of 40 billion barrels...
Read moreDetailsOPEC, allies mull 1.4 million bpd cuts as crude prices plunge
The Organization of Petroleum Exporting Countries (OPEC) and the non-OPEC allies are discussing potentially cutting oil production by as much...
Read moreDetailsIndia crude imports from Nigeria, others hit 874,000bpd
India’s imports from Nigeria and other African countries jumped in October to 874,000 barrels per day, their highest level in three...
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