OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
The European Space Agency secures a historic €22.1 billion budget to boost space independence, fund new rockets, and launch missions to Mars and Saturn's moon. Discover Europe's ambitious space plans.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Bruna Caroline Ferreira, mother of Karoline Leavitt's nephew, arrested by ICE for overstaying visa since 1999. Details on removal proceedings and family connections.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Jailed ex-President Jair Bolsonaro claims a nervous breakdown and hallucinations led him to tamper with his ankle monitor. He denies any plan to escape. Read the full details.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Global leaders react to COP30 climate agreement in Brazil. Mixed responses emerge as deal faces praise and criticism. Key outcomes and future implications analyzed.
Brazil's Supreme Court orders preemptive arrest of former President Jair Bolsonaro for allegedly plotting escape days before 27-year coup sentence begins. Read full details.
UN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.
UN climate talks in Brazil risk ending without agreement as oil-producing nations block fossil fuel phase-out roadmap. EU warns of potential no-deal scenario.
NDLEA intercepts 20kg of cocaine from Brazil, arrests 20 Filipino crew members at Apapa port. Agency chairman vows zero tolerance for drug trafficking. Read the full details.
UN climate talks in Brazil reach final day with countries split on fossil fuels after venue fire forced evacuation. Nigeria among nations rejecting phase-out roadmap.
At COP30 in Belém, Brazil's President Lula urges global climate action, fossil fuel reduction, and climate justice. World leaders must commit to emissions cuts now.
Nigeria's Super Eagles have ascended to 38th place in the latest FIFA world rankings. Discover how their recent matches and AFCON prospects shape their global standing.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
Brazil presents first draft climate agreement at COP30 as President Lula returns to push for deal. Key issues include climate finance, fossil fuels, and trade measures.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
Oil and Gas Watchdogs Network commends NUPRC's transparent management of Frontier Exploration Fund, highlighting proper deployment for Nigeria's energy security. Read more.
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
British court rules BHP responsible for 2015 Brazil dam collapse that killed 19, unleashed toxic mud. Mining giant faces potential £36 billion compensation claim. Full details on the landmark environmental case.
Dozens of nations push for fossil fuel phaseout roadmap at COP30 in Brazil, facing stiff opposition from oil powers. Will global climate action accelerate? Read more.
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.