Energy
Dangote pushes for complete abolishment of Nigeria’s fuel subsidy
Onome Amuge Aliko Dangote, Africa's richest man and CEO of Dangote Group, has appealed to the Nigerian government to put…
Emerging economies to drive surge in global energy demand by 2050
PHILLIP ISAKPA Global energy demand is growing faster than projected and a surge in this demand by 2050 is expected…
U.S. rate cut buoys oil prices amid weaker Chinese demand
Business a.m. Oil prices ticked upward on Monday, as the after-effects of Hurricane Francine-induced disruptions to U.S. crude supply and…
Nigeria eyes LNG windfall as NNPC sets to revive $29.8bn Brass, Olokola ventures
Business a.m. The Nigerian National Petroleum Corporation (NNPC) Limited has initiated renewed dialogue with investors, with the aim of reviving…
US Fed stimulus boosts oil prices for second consecutive week
Business a.m. The oil market saw a slight decline on Friday, however, prices were poised to close out a second…
Oil markets rebound on Fed’s interest rate reduction
Oil prices gained momentum on Thursday following a steep interest rate cut from the U.S. Federal Reserve, despite Brent crude…
