Energy

IEA trims oil demand growth forecast amid economic uncertainty, EV market surge 

Onome Amuge Global oil demand growth is set to decelerate sharply for the remainder of 2025, according to the International…

By Post AMUGE
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Seplat CEO pushes speedier divestment process to enhance Nigeria’s oil production 

Business a.m. Reporter A speedier process in the divestment of oil assets in Nigeria has huge potential of raising the…

Nigeria’s hydrocarbon reserves come alive as NNPC Ltd, Newcross commence 12,000bpd from Awoba Unit Field

Business a.m. In a bid to fully maximise the value of Nigeria's rich hydrocarbon assets and boost the nation's coffers,…

COP28 sets goal to boost clean energy, phase out fossil fuels

  ONOME AMUGE A raft of initiatives are emerging and getting launched at the ongoing U.N. climate summit, COP28, in…

Nigeria sets sights on $575bn investments in decarbonisation operations  

Business a.m The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released a statement outlining how its Industry Sustainability…

Global, African organisations pledge $175m in solidarity for Africa green infrastructure

  Joy Agwunobi    In a powerful show of support at COP28, a coalition of African and global institutions, as…

Oil prices rise ahead of key OPEC+ meeting on potential supply cuts

Business a.m Oil prices rose on Thursday as investors prepared for the OPEC+ meeting, which could result in further supply…