YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

Crude oil consumption in Africa is mainly focused on a few big economies, with Egypt, South Africa, and Nigeria leading the ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

A 50-year-old West Africa regional bloc is facing significant challenges after three junta-led countries — Mali, Niger and ...

The financiers are already financing projects on the continent, but have now committed to channelling more funds towards ...

Burkina Faso, Mali, and Niger officially left the Economic Community of West African States (ECOWAS) on January 29, having ...

President Cyril Ramaphosa spoke to Musk after Trump said he would suspend aid to the country over its land reform policy.

The African continent faces a severe energy shortfall, with over 600 million people lacking access to electricity. Contingent to the above, about thirty African heads of state and government have ...

NUPRC has threatened sanctions for oil firms deliberately failing to meet domestic crude supply obligations to refineries.

In recent years, South Africans have witnessed a consistent increase in the price of petrol. For a nation that heavily relies ...

Thirty African heads of state and government have pledged reforms to expand electricity access, backed by more than ...

The Federal Government's Naira-to-crude initiative, aimed at bolstering domestic refining capacity has been marred by inconsistent execution, causing local refineries ...