The price of gasoline in Nigeria, Africa's most populous country, has surged again, reaching 998 nairas ($0.62) per liter. This rise follows a previous 45% increase in September, fueling an ongoing economic crisis.
The price of gasoline in Nigeria, Africa's most populous country, has surged again, reaching 998 nairas ($0.62) per liter. This rise follows a previous 45% increase in September, fueling an ongoing economic crisis.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
ExxonMobil injects $10 billion into the development of the Owo project in Nigeria.
This initiative aims to increase oil production and consolidate the group's offshore operations in the country.
ExxonMobil injects $10 billion into the development of the Owo project in Nigeria.
This initiative aims to increase oil production and consolidate the group's offshore operations in the country.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.
The controlled opening of the Lagdo dam in Cameroon is causing concern in Nigeria, although hydrological authorities in both countries are tempering the risk of major flooding.
The controlled opening of the Lagdo dam in Cameroon is causing concern in Nigeria, although hydrological authorities in both countries are tempering the risk of major flooding.
The commissioning of the Dangote mega-refinery marks a turning point for Nigeria, promising energy self-sufficiency.
However, in a difficult economic context, questions remain about its real impact on fuel prices and supply.
The commissioning of the Dangote mega-refinery marks a turning point for Nigeria, promising energy self-sufficiency.
However, in a difficult economic context, questions remain about its real impact on fuel prices and supply.
The Dangote refinery in Nigeria, expected to provide a solution to fuel shortages, is raising questions about its real impact on domestic prices and supply strategy.
The Dangote refinery in Nigeria, expected to provide a solution to fuel shortages, is raising questions about its real impact on domestic prices and supply strategy.
Nigeria grants UTM Offshore Limited the license to develop its first FLNG plant, exploiting flared gas to meet domestic and international energy demand.
Nigeria grants UTM Offshore Limited the license to develop its first FLNG plant, exploiting flared gas to meet domestic and international energy demand.
The abolition of fuel subsidies in Nigeria has led to soaring petrol prices, directly impacting the national economy and the living conditions of the population, against a backdrop of record inflation and currency devaluation.
The abolition of fuel subsidies in Nigeria has led to soaring petrol prices, directly impacting the national economy and the living conditions of the population, against a backdrop of record inflation and currency devaluation.
