Oil Marketers Consider Fuel Price Hike Amidst Rising Crude Oil Costs

Oil marketers have expressed concerns that a combination of surging crude oil prices and the weakening value of the Nigerian Naira against the US...

Oil Price Peaks At $92p/b As Nigeria Struggles With Oil Theft

The oil price rose to $92.28 a barrel early on Wednesday, but Nigeria will not benefit from the increase since it continues to produce...

Tetracore Chief Executive Officer (CEO) Olakunle Williams To Share Insights On Gas Investment And Infrastructure Expansion At African Energy Week (AEW) 2023

The African Energy Chamber (AEC) is pleased to announce that Olakunle Williams, CEO of Tetracore Energy, will speak at African Energy Week (AEW) 2023...

Kosmos Energy Joins African Energy Week Conference As Diamond Sponsor And Host Sponsor Of Opening Ceremony

Africa's extensive hydrocarbon reserves, encompassing an estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of proven gas, offer both a...

African Oil Production Encounters Multiple Challenges In Second Quarter 2023, Remains Resilient

Africa plays a vital role in the global oil market, with its producing nations contributing around 8% of total global supply. However, the second...

Crude Oil Price Rises To $90, Highest In 2023

Crude oil prices surged to $90 per barrel for the first time in 2023 as supplies tightened and the US dollar strengthened. For the...

Catalyzing Investment In Nigerian Energy: Platform Petroleum Limited Joins AEW 2023 As A Silver Sponsor

The development of the country’s 37 billion barrels of proven crude oil reserves and 200 trillion cubic feet of natural gas will position Nigeria...

Delayed Organization Of The Petroleum Exporting Countries (OPEC) Cuts Mean Opportunity For African Members

Quota-related decisions made at OPEC's 35th meeting last June in Vienna delivered a call to action for African member states to step up production...

Senator Heineken Lokpobiri To Present Opportunities For Foreign Direct Investment In The Nigerian Upstream Sector At African Energy Week (AEW) 2023

Nigeria's vast hydrocarbon resources, encompassing 200 trillion cubic feet of natural gas and 37 billion barrels of oil reserves, represent a significant opportunity for...

Hon. Ekperikpe Ekpo To Connect Investors To Nigeria’s Decade Of Gas Opportunities At African Energy Week (AEW) 2023

Likely to represent a 600 trillion cubic feet (tcf) gas market, Nigeria's investment opportunities in this field are unparalleled, offering foreign financiers and project...

McKinsey & Company’s Oliver Onyekweli To Speak At Angola Oil & Gas (AOG) 2023

Energy Capital & Power (ECP) is proud to announce that Oliver Onyekweli, Partner and Leader for West Africa Oil and Gas at Mckinsey &...

Fuel Subsidy Prompts NNPCL To Work On Vandalised Pipelines

The shortage of Premium Motor Spirit, sometimes known as fuel, in sections of Lagos and the South-Western states may last until the end of...

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