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CATEGORY

Energy

Regulatory Commission Dares Buhari, Rejects Sale Of Exxonmobil’s Assets

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected President Muhammadu Buhari’s assent to the acquisition of ExxonMobil’s assets by Seplat Energy. A statement from...

Seplat Gets Buhari’s Approval to Conclude $1.283 billion Mobil Acquisition

Seplat Energy Plc, has announced that it has received a letter from the Minister of State for Petroleum Resources that, President Muhammadu Buhari has...

Gazprom Halts Gas Supply to Latvia

Russian gas giant Gazprom said on Saturday that it has stopped deliveries to Latvia due to “violations of the terms of gas extraction.” This week, Aigars...

‘Horror Chart’ Suggests Germany on Brink of Huge Energy Crisis

Germany is heading for a “huge energy crisis,” a senior editor at one of the country’s most influential newspapers, Die Welt, warned on Wednesday. “Not only ...

Gas Prices Rise As Russia Cuts Flows To Germany, European Nations

The prices of gas on Wednesday rose above 2% after Russia cut gas flows to Germany and other central European countries this week. European gas...

Europe Gas Prices Surge Amid Fears of Russian Supply Cuts

The price of natural gas in Europe has climbed to its highest level since March amid fears of a further reduction in Russian supplies. It...

Electricity Employees Union, Others to Join NLC/ASUU Solidarity Protests

The National Union of Electricity Employees has thrown its weight behind the planned solidarity protest by the Nigeria Labour Congress, NLC, in support of...

EU Looks to Replace Gas From Russia With Nigerian Supplies

The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general...

Africa’s Oil Producers Miss Out on Russian Sanctions Opportunity – Tellimer

Africa is one of the largest supplying regions of oil to the EU, after Europe's own suppliers, such as Norway, and Russia. The EU's...

Gas Price in Europe Drops as Russian Pipeline Resumes Deliveries

European natural gas prices fell by 6.5% in early trading on Thursday following the restart of gas deliveries via Russia’s Nord Stream 1 pipeline,...

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