April 17, 2024
Suit 25, Mangal Plaza, Nouakchott Street, Wuse Zone 1, Abuja- Nigeria.
ELECTRICITY RENEWABLE ENERGY

U.S., Japan Forge Partnership to Advance Nuclear Fusion Technology

In a significant move aimed at accelerating the development and commercialization of nuclear fusion, the United States and Japan have announced a joint

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OIL & GAS

Mexico Slashes Oil Exports to Focus on Domestic Needs

Mexico’s state energy company, Pemex, is set to reduce crude exports by at least 330,000 barrels per day (bpd) in May, affecting customers

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OIL & GAS

BP Production Up in First Quarter, Hit by Lower Prices

Oil giant British Petroleum BP expects to see an increase in oil, gas and low-carbon energy production in the first three months of

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OIL & GAS

World’s Top Oil Trader Reports Strong $13 Billion Net Profit for 2023

Vitol, the world’s leading independent oil trader, declared a net profit of $13 billion for the year 2023, as reported on Monday by

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OIL & GAS

Saudi Aramco Raises May Crude Prices amid Tightening Market

Saudi Aramco, the world’s leading crude oil exporter, has increased the prices of most of its crude grades for May, reflecting the strengthening

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OIL & GAS

Oil Prices Rise amid Supply Concerns, Economic Growth Signs

Oil prices experienced a slight increase on Thursday, driven by concerns over lower supply as major producers continue to uphold output cuts and

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OIL & GAS

Biden Considering Lifting LNG Export Ban in Exchange for Ukraine Aid

Markets are eagerly awaiting a decision from the White House that could see the ban on new LNG export projects lifted as part

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OIL & GAS

OPEC+ Likely to Maintain Current Oil Output Policy amid Market Stability

An OPEC+ ministerial panel is poised to refrain from suggesting any alterations to oil output policies during a meeting scheduled for Wednesday, as

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Uncategorized

Dangote Oil Refinery Begins Supplying Petroleum Products Locally

Nigeria’s much-anticipated Dangote oil refinery commenced supplying petroleum products to the local market on Tuesday, marking a significant milestone in the country’s pursuit

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OIL & GAS

Oil Prices Rise on Optimistic Demand Outlook, Middle East Tensions

Oil prices climbed on Tuesday, lifted by positive indicators suggesting potential demand improvements in China and the United States, the world’s largest oil

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