Energy

Renaissance Africa Energy Company Limited has announced that it exceeded its oil production target by 40 percent within its first...

Energy major Shell Plc paid $5.34 billion to the Nigerian government in 2024, the largest amount it remitted to any...

The Special Adviser to the President on Energy, Olu Verheijen, has warned African countries that capital for projects in the oil...

The International Finance Corporation (IFC), alongside the Canadian Government, has made a $5 million investment in Husk Nigeria to scale...

Chinese firm, Sun King, has secured a naira-denominated loan worth $80 million to scale up electrification efforts in Nigeria.  

Nigerian crude oil faced market pressure amid positive signs that Iran, a major oil producer, is ready to cut a...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd...

Brazil’s state oil company, Petrobras, is seeking to re-enter Nigeria's oil sector, with a specific focus on frontier deepwater acreage. 

The Presidency has announced that the country has attracted over $8 billion in investments for deepwater and gas projects within...

The former National Secretary of the Independent Petroleum Marketers, Mr. Mike Osatuyi, Association of Nigeria (IPMAN), revealed that the Federal...