Bukola Odufade
Global investment in solar, wind projects drops by 8 percent to $332 billion
Global investment in renewable energy projects dipped to $332.1 billion in 2018,down 8 percent from 2017, as a result of…
OPEC cuts crude production by 750,000 barrels per day for market re-balancing
The Organization of Petroleum Exporting Countries (OPEC) said Thursday it has already slashed its crude oil output by some 750,000…
Nigerians consumed 53 million liters/day in 2018-PPPRA
Nigerians consumed an average of 53 million liters/day in 2018, up about 1.5 percent from the previous two years, the…
Africa, Asia and Middle East driving global energy consumption since 1980s-EIA
Asia, Africa, and the Middle East have been identified as the biggest drivers of global energy consumption since the 1980s,…
Investment inflows to Nigerian petroleum industry slow to $7.73 million in Q3 2018
Investment inflow into the Nigerian petroleum industry slowed down in the third quarter of 2018, as foreign capital inflow in…
Oil prices trade at $59 per barrel, as U.S., Chinese relations seems to be improving
Crude oil futures traded higher on Wednesday, with Brent crude futures were up $1.01 at $59.73 per barrel, while the WTI…
Oil prices rose slightly amid reports of slower growth in China.
Oil prices rose slightly today as worries over signs of slower economic growth in China were countered by the Organization…
Nigeria’s crude oil export fell slightly in Q3 2018-CBN
Nigeria’s crude oil export fell marginally, in the third quarter of 2018, averaging 1.39 million barrels per day, The Central…
Africa needs $250 billion to scale up its electricity-Momoh
Africa requires about $250 billion worth of public private partnership investment to address the power deficit situation on the continent,…
PPPRA assures Nigerians of uninterrupted fuel supply during the festivities.
The Petroleum Products Pricing Regulatory Agency (PPPRA), has assured Nigerians of uninterrupted petroleum products supply and distribution during the festive…
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