World Bank urges Nigeria to fast-track transition from use of fossil fuel
Solomon Ezeme The World Bank has warned Nigeria and other nations with high dependence on fossil fuels as their...
World News
Diverting investments from oil and gas, disruptive and counterproductive – OPEC
By Akpobor Jirue, Abuja As calls for energy to transit to Net-Zero Emissions continue to gather momentum, the Organisation...
World Bank says global oil prices won’t decline until 2023, as NNPC pays more for PMS subsidy
Oredola Adeola With subsidy payment of over N800billion in the last seven months, the Nigerian National Petroleum Corporation (NNPC's),...
Pre-COP26: OPEC+ harps on implications of energy poverty on developing economy, amidst push for net-zero goals
Oredola Adeola The Organization of the Petroleum Exporting Countries(OPEC) and allies led by Russia, or OPEC+, as the alliance is...
Crude oil price gained 5% in September boost by gas – OPEC
By Akpobor Jirue, Abuja Crude oil prices rose by $3.55 or 5.0% in the month of September when compared to...
OPEC+ producing less crude than it’s supposed – Platts
A survey conducted by crude oil market experts, Platts has shown that OPEC+ is producing less oil than it is...
Natural gas price rises by 25% on soaring demand in Europe, UK
European and UK gas prices surged on Wednesday by more than 25 per cent, energised by soaring demand before the...
Goverment’s action needed to unlock growth for low-carbon hydrogen – IEA 2021 review
Oredola Adeola (with agency report) The International Energy Agency(IEA) in its Global Hydrogen Review 2021, has challenged governments across the...
Database technology to drive energy transition, can attract $1.5trn investment
By Ediri Ejoh , Texas Stakeholders in the global oil and gas industry have identified the deployment of big...
