3 h. ago OPEC urges Africa to develop 120 billion barrels of oil reserves

The Secretary-General of the  Organisation of the Petroleum Exporting Countries, Mr Haitham Al-Ghais has tasked Africa to unlock its proven oil y of over 120 billion barrels. Al-Ghais, made this known while delivering a keynote address titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier”, at the ongoing Nigeria International Energy Summit 2025 in Abuja, Nigeria Read More

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4 h. ago Africa needs strategic partnerships, not loans, to address energy poverty – Lokpobiri

Sen. Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has stated that Africa does not need loans but read more Africa needs strategic partnerships, not loans, to address energy poverty – Lokpobiri

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6 h. ago NNPC Shipping, Caverton Launch Partnership To Drive Energy Transport Industry

NNPC Shipping, Stena Bulk, and Caverton Marine Limited have announced a groundbreaking partnership to revolutionise Nigeria’s maritime transportation sector. This strategic collaboration, formalised and signed in London last week, aims to establish a robust tanker operation catering to the region’s crude oil, refined products, and LNG shipping requirements, bolstering Nigeria and West Africa’s energy supply […]

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7 h. ago OPEC Reaffirms Commitment To Unlocking Africa’s Full Oil Potential

The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil potential, emphasising that that is remains the organisation’s top priority This is as the Independent Petroleum Producers Group (IPPG) lauded the federal government on the conclusion of the divestment deals by International Oil Companies (IOCs) in Nigeria, stating […]

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8 h. ago Africa needs partnerships, not loans, to tackle energy crisis —Lokpobiri

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Africa does not need loans but rather strategic partnerships and investments to address energy poverty and drive economic growth on the continent. Lokpobiri made this statement on Tuesday in Abuja, at the 8th edition of the Nigeria International Energy Summit (NIES 2025), Read More

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20 h. ago OPEC restates commitment to unlocking Africa’s oil potential

The Secretary-General of the Organisation of the Petroleum Exporting Countries, Haitham Al-Ghais, has reaffirmed the organisation’s commitment to unlocking Africa’s full oil potential, emphasising that it remains a top priority for OPEC. Speaking during the opening ceremony of the eighth edition of the Nigerian International Energy Summit on Tuesday in Abuja, Al-Ghais stated that the Read More

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25 h. ago NNPC Shipping, partners unveil joint venture to boost crude transport

The Nigerian National Petroleum Company Shipping, Stena Bulk, and Caverton Marine Limited have announced the signing of a new joint venture that will transform Nigerian maritime transportation. The partnership will focus on developing and operating tankers to efficiently transport crude oil across Nigeria and West Africa, reducing reliance on foreign vessels. A statement by the Read More

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8 d. ago Top 5 African countries that produced the most oil in January 2025

Africa’s natural resources have long been a cornerstone of the global oil market reported by the Organisation of the Petroleum read more Top 5 African countries that produced the most oil in January 2025

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