‘Global energy demand could suffer largest decline in 70 years’
Global energy demand is set to fall by six percent in 2020, the largest in 70 years, due to the
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Energy
OPEC+ extends output cut deal, Nigeria to compensate for overproduction
The Organisation of Petroleum Exporting Countries and its allies, led by Russia, have agreed to a one-month extension of their record
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Nigeria’s gas flaring reduction initiative faces delay
Nigeria’s efforts to reduce gas flaring have been delayed by at least six weeks due to the new coronavirus outbreak,
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Low demand leaves 50 Nigerian oil cargoes unsold
Amid the low crude oil demand caused by the coronavirus-induced lockdowns across the world, about 50 unsold cargoes of Nigerian
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Buhari pushes ahead with Nigeria-Siemens electricity deal
Close to a year after the Nigerian government signed a deal with Siemens AG, President Muhammadu Buhari has approved the
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We don’t want to jeopardise recent oil price rebound – OPEC
The Secretary General of the Organisation of Petroleum Exporting Countries, Dr Mohammad Barkindo, has said OPEC and its allies do
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Nigeria raises June official selling prices for crude oil
The Nigerian National Petroleum Corporation has increased June official selling prices for two of the country’s major crude oil grades.
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African Energy Chamber puts spotlight on renewable energy
The African Energy Chamber has said it will present a webinar focused on the renewable energy sector. It said the
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OPEC+ must stick to production cut deal, says Barkindo
The Organisation of Petroleum Exporting Countries and its allies must remain committed to their production cuts pact, despite signs that
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NNPC outlines critical factors for employment, promotion
The Nigerian National Petroleum Corporation has highlighted the critical factors for employment and career progression in the corporation. The NNPC,
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