Oil & Gas

Renewable Energy: The Hottest Investment Space in Africa

LONDON, England, 24 April 2024, /African Media Agency/- Renewable Energy is one of the hottest investment spaces in Africa and AFSIC – Investing… Read More

2 weeks ago

Global Crude Oil Production Dips By 1.2 Mbpd In February: Saudi Arabia, Iraq Declines As U.S. Sees Increase

According to data released by the Joint Organisations Data Initiative (JODI), global crude oil production took a dip by 1.2… Read More

3 weeks ago

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of… Read More

3 weeks ago

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Wumi Iledare, has called on authorities in Nigeria's oil and gas sector to come up with drastic measures to ramp… Read More

3 weeks ago

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigeria, Africa's largest oil producer, faced a significant revenue setback as a consequence of consecutive declines in crude oil production.… Read More

3 weeks ago

Nigerian Military Cracks Down On Oil Theft, Seizes 700,000 Stolen Liters Of Crude

The Nigerian military has intensified efforts to tackle the rampant issue of oil theft in the Niger Delta region, with… Read More

3 weeks ago

Oil Theft, Vandalism Plague Nigeria’s Oil Production, OPEC Reports Decline To 1.23mbpd

Nigeria’s oil production saw a decline for the second consecutive month, hitting 1.231 million barrels per day in March, according… Read More

3 weeks ago

Oil Marketers Call For Reduction In Dangote Diesel Price To N850/Litre

Oil marketers in Nigeria are pushing for a price cut in diesel produced by the Dangote Petroleum Refinery, urging a… Read More

4 weeks ago

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

The Nigerian National Petroleum Company Limited (NNPCL) is facing scrutiny over its sluggish repayment of $3 billion debt owed to… Read More

4 weeks ago

Iran-Israeli Crisis: Crude Oil Prices Surged Beyond $90 Per Barrel

Crude oil prices have surged beyond $90 a barrel, riding on the wave of escalating global tensions. Analysts attribute the… Read More

4 weeks ago

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