Nigeria Secures 60% Share of Afreximbank’s $30 Billion Oil and Gas Funding
In a significant development, the African Export-Import Bank (Afreximbank) revealed on Wednesday…
Uganda Explores Shift to Tanzanian Port for Oil Imports
In a significant move aimed at enhancing its energy security, Uganda is…
OPEC Expects Global Oil Demand Growth in 2024 Despite Contrary Predictions
In a statement released on Tuesday, the Organization of the Petroleum Exporting…
Libyan Oil Field Faces Production Halt as NOC Declares Force Majeure
The National Oil Corporation (NOC) of Libya has reported the suspension of…
New Regulations Mandate Nigerian Oil Firms to Supply Local Refineries
Nigeria, the largest oil producer in Africa, is planning to comply with…
OPEC reveals the recovery in global demand for oil
The Organization of the Petroleum Exporting Countries (OPEC) revealed Today, Tuesday, the…