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Oil and Gas

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ExxonMobil’s Erha project delivers over $70bn to Nigeria in 20 years

Yakubu Ibrahim -
EXXONMOBIL'S Erha Deepwater project has generated more than $70 billion in total value over...

Oil prices crash as Iran re-opens Strait of Hormuz

Yakubu Ibrahim -
OIL prices slumped on Friday as Iran announced the re-opening of the Strait of...
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Oando JV seals gas supply deal to power Bayelsa 60MW plant

Yakubu Ibrahim -
OANDO PLC has announced a gas supply agreement through its upstream joint venture with...

Oil price rally won’t fully protect Nigeria, IMF cautions

Stella Odiche -
THE International Monetary Fund (IMF)1has lowered Nigeria’s economic growth projection for 2026 to 4.1...
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Dangote Refinery set for $5bn IPO in Africa’s biggest listing push

Stella Odiche -
NIGERIA'S foremost industrialist, Aliko Dangote, is pressing ahead with plans to list the Dangote...

Tanker movements shift as Trump threatens to block Iranian ports

Stella Odiche -
OIL tanker traffic in the Persian Gulf has begun to adjust sharply after U.S....
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Oando eyes $750m to boost production amid shifting global oil dynamics

Yakubu Ibrahim -
OANDO is seeking to secure as much as $750 million in funding this year...

Oil price shock triggers 140% jump in China’s electric vehicle exports to record levels

Yakubu Ibrahim -
CHINA'S electric vehicle (EV) exports surged by 140 percent in March, hitting an all-time...
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