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Gas prices fell in the US & Continental Europe, but held steady in the UK, on May 5, 2025, driven by a broad weak demand, EU...
Nigerian crude oil prices, on April 5, fell below the federal government’s benchmark of $65 per barrel. The drop follows OPEC+’s surprise move to increase oil...
Africa is home to several large oil refineries crucial in meeting the continent’s growing energy demand and supporting economic development. These refineries process crude oil into...
NNPC GCEO, Bayo Bashir, sacked the managing directors (MDs) of its three refineries. The refineries include the Port Harcourt Refining Company, Warri Refining and Petrochemical Company,...
Gas prices rallied in the US, the UK & Continental Europe, on May 2, 2025, driven by a broader rally in the energy markets after China...
Asian and Mediterranean countries have become the leading destinations for Nigeria’s crude oil exports as of April 2025. This situation has frustrated local refiners, who feel...
According to the European Commission, Eurozone’s consumer confidence dropped to -16.7 in April 2025, its lowest level since late 2022. The fall in Eurozone consumer confidence...
Seplat Energy Plc’s revenue increased by 350% year over year in Q1 2025, reaching an impressive $809.3 million, a significant jump from $179.8 million recorded in...
Thanks to its abundant natural gas reserves and strategic geographic location, some African countries are rapidly establishing themselves as LNG powerhouses. LNG has become a pivotal...
Gas prices fell in the US but rose in the UK & Continental Europe, on April 30 2025, amid weak US economic data and eurozone economic...
