Energy

Prepare for $80 oil this summer as ‘wounded bulls’ rise, RBC warns

International oil prices will average $75 a barrel in 2019, and consumers may find themselves contending with bouts of $80…

FG plans FID on Ibot, Ikike, LNG train 7 in 2019 

 …As NCDMB presents 80 opportunities worth $100bn The federal government andthe international oil companies, IOCs, plan to take final investment…

Unlocking the $162 billion climate finance opportunity for ‘Corporate Nigeria’

The time has come for ‘Corporate Nigeria’ to divest its interests from the hydrocarbon industry and tap into the  multi-billion…

State-owned Ibom Power’s 150mw waste away on poor evacuation infrastructure

Ibom Power plant, a wholly Akwa Ibom State owned electricity generating firm located in the state’s oil-bearing Ikot Abasi, has…

 OPEC struggles to keep Russia on board with oil cut, may offer shorter extension

Saudi Arabia is having a hard time convincing Russia to stay much longer in an OPEC-led pact cutting oil supply,…

Global CO2  emission hits 33.1 gigatons in 2018-EIA

By Bukola Odufade, with agency report Global carbon emissions reached 33.1 gigatons last year, breaking their previous record, despite the…