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Dangote Refinery Complex In Nigeria Set To Cost $19 Billion

Estimated price tag has more than doubled in eight years National petroleum company is buying 20% stake...
Energy

Africa Needs To Invest $130 Billion Per Year To Go Net-Zero By 2050

Africa needs investments to the tune of $130 billion annually to become a net-zero continent by 2050, a report by Friends of the Earth...
Energy

Oil Prices Climb As OPEC+ Stands Firm On Production Plan

OPEC+ has decided to keep its production plans in place, according to OPEC. The previous—and current—plan is for the group to add 400,000 barrels per day...
Energy

Oil Spills: ERA/FoEN Raises The Alarm Over Haphazard Cleanup In Bayelsa 

Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), has decried the haphazard cleanup of oil spills in Ikarama community located in Okordia Clan of Yenagoa...
Business

PIA: Fuel Price ‘ll Be Adjusted, PPPRA Reveals

Following ongoing moves to implement the Petroleum Industry Act (PIA) expected to fully deregulate the downstream oil sector, the Petroleum Products Pricing Regulatory Agency,...
Business

Oil Price Falls To Its Lowest Since May At $65

The international oil benchmark, Brent crude, dipped to its lowest since May on Thursday. The prices went on a free fall because of demand fears...
Business

FEC Okays $1.4bn For Warri, Kaduna Refineries’ Rehabilitation [Details]

$11.17bn For Coastal Rail Projects The Federal Executive Council (FEC), on Wednesday has approved the sum of $1.4 billion for the rehabilitation of...
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