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Saudi Arabia And Russia Head For Another Clash On OPEC+ Oil Cuts Today!

By Tsvetana  Paraskova The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of...
Business

FG Set To Crash Fuel Price Through Local Refining

From Segun Amure, (The New Diplomat's Abuja Bureau) The Federal Government of Nigeria said it has concluded plans to crash the price of petroleum products...
Business

Omo-Agege Calls For Diversification Of Nigeria’s Energy Sources Through Solar

By Abiola Olawale Senator Ovie Omo-Agege, the Deputy President of the Senate (DSP), has said there is a need to scale up solar energy development...
Business

OPEC+ Compliance With Oil Production Cuts Jumps To 103%

By Tsvetana Paraskova The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in...
Business

Gas Flaring: ERA Raises Alarm Over Agip’s Operations In Bayelsa

  By Abiola Olawale Environmental Rights Action (ERA) has raised alarm over the continuous flaring of gas by Agip facility -- a Flow Station located in...
Business

Shell Opens Up On Alleged Involvement In Stealing 2M Barrels Of Crude At Bonny

By Dotun Akintomide The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is...
Energy

OPEC’s Special Envoy, Timipre Sylva Visits Equatorial Guinea, Kick-starts Oil Diplomacy

By Abiola Olawale Chief Timipre Sylva, Nigeria's Minister of State for Petroleum Resources and a Special Envoy of the Organization of Petroleum Exporting Countries (OPEC)...
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