United States Energy Secretary Chris Wright Announces Indefinite Control Over Venezuelan Oil Sales Amid Post-Maduro Transition
Miami, Florida – In a significant escalation of U.S. involvement in Venezuela's oil sector…
Energy
Iranian Parliament Investigates $6.7bn Unrepatriated Oil Export Revenues Amid Economic Pressures
Iranian lawmakers are probing the failure to repatriate significant oil export revenues, with …
byOur Reporters — Alexa News Network
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African Development Bank Approves $500 Million Loan to Bolster Nigeria's Economic Reforms and Energy Transition
Abidjan, Ivory Coast – November 28, 2025 – The Board of Directors of the African Development B…
byJokpeme Joseph Omode
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NNPC Limited Announces Historic ₦5.4 Trillion Profit and Unveils Ambitious $60 Billion Investment Roadmap to 2030
In a landmark development for Nigeria’s energy sector, the Nigerian National Petroleum Company…
byJokpeme Joseph Omode
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Bonny Light Surges to $78.62 per Barrel, Outpaces Brent and WTI on Global Demand Rebound
Nigeria’s Bonny Light crude oil has experienced a remarkable surge in global markets, reaching …
byJokpeme Joseph Omode
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Oil Prices Surge 5% as United States Sanctions Target Russian Energy Giants
On Thursday, October 23, 2025, oil prices surged by approximately 5% following the United Stat…
byJokpeme Joseph Omode
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Akwa Ibom State Government Unveils Ambitious 10-Year Electricity Reform Plan: A Blueprint for National Energy Transformation
In a landmark announcement that signals a bold step toward energy self-sufficiency, the Akwa I…
byJokpeme Joseph Omode
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Nigeria and Angola Deepen Ties with Historic Twinning Agreements
In a significant stride toward strengthening bilateral relations, Nigeria and Angola have form…
byJokpeme Joseph Omode
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Nigeria’s Mining Cadastre Office and EFCC Strengthen Collaboration to Enhance Mining Sector Oversight
In a significant move to strengthen oversight and combat illegal activities in Nigeria’s minin…
byJokpeme Joseph Omode
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Fuel Subsidy Removal Creates Fiscal Space for National Development, Says Minister Mohammed Idris
On Wednesday, August 27, 2025, Alhaji Mohammed Idris, the Minister of Information and National…
byJokpeme Joseph Omode
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