Tag: Oil and gas

Nigerian Regulatory Agencies Launch Joint Probe Into Oil Spill

Nigerian regulators are jointly investigating an oil spill reported by Renaissance Africa…

Esther Udoh

Oil Prices Expected to Fall to $66 per Barrel, Says IMF

The International Monetary Fund (IMF) forecasts a decline in oil prices to…

Esther Udoh

Trade Dispute Redirects U.S. Petroleum Gas Shipments Away from China

Due to the escalating trade war between the U.S. and China, several…

Esther Udoh

China is turning to Middle Eastern LPG to substitute for US gas impacted by tariffs

Chinese plastics plants are turning to the Middle East for LPG to…

Esther Udoh

NUPRC Describes 2024 Oil Bid Round as Nigeria’s Most Transparent Yet

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) defended the 2024 oil licensing…

Esther Udoh

Spain Secures EU Approval for $455M Hydrogen Aid Program

The European Commission has approved Spain's €400 million ($455 million) aid scheme…

Esther Udoh

Gas Leak Causes Power Outage in Aba

A gas leak and process disruption at Associated Gas Gathering (AGG) facilities…

Esther Udoh

Iraq Revises Oil Price Assumptions in Budget Due to Falling Market Prices

Iraq, OPEC's second-largest oil producer, plans to lower its oil price benchmark…

Esther Udoh

OPEC+ Struggles to Enforce Oil Quota Compliance Remain Unconvincing

OPEC+ is once again urging members to compensate for exceeding oil production…

Esther Udoh

Kaduna Refinery Overhaul Aimed at Shielding Nigeria’s Economy from Oil Price Fluctuations

The Kaduna Refinery rehabilitation project has reached 81.1% completion, according to the…

Esther Udoh