[Leadership] Oil prices tumbled by six per cent this week after a ceasefire agreement between Iran and Israel sharply reduced concerns about potential supply disruptions from the Middle East.
[Premium Times] The initiative is also poised to significantly benefit over 42 million Micro, Small and Medium Enterprises (MSMEs) by reducing energy costs and enhancing profitability.
[Leadership] Disruption looms in the nation's oil and gas sector as the Nigerian Airspace Management Agency (NAMA) is set to deny flight clearances and possibly shut down non-compliant oil and gas companies operating in the country over non-payment of the $300 helicopter landing levies.
[Premium Times] The NNPC said this group is actively spreading lies and misinformation simply to discredit its leadership and derail the organisation's ongoing transformation efforts.
[Namibian] The future leaders of Namibia's energy sector will gather at Walvis Bay early next month for the second Youth in Oil and Gas Summit, an event intended to ignite the nation's oil and gas industry.
[Daily Trust] There is an imminent showdown between the federal government and international oil companies (IOCs) and the operators of floating production storage and offloading (FPSO) in Nigeria following a seven-day ultimatum for the remittance of the $300 helicopter landing fees, Daily Trust can report.
[Daily Trust] Oil prices dropped dramatically yesterday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East.
[Premium Times] Mr Isa said he voluntarily submitted himself to the EFCC for questioning and was not arrested or detained.
[Radio Dalsan] Mogadishu, -- In a significant move that could reshape the nation's economic trajectory, the Somali Petroleum Authority (SPA) has confirmed it will publicly release the results of its long-awaited petroleum surveys in July. The announcement marks a pivotal step toward Somalia's ambitious entry into the global oil market, with production now expected to begin between late 2025 and early 2026.
[The Conversation Africa] Zambia, like many African countries, is facing a crisis over clean cooking fuel. Over 80% of the population still relies on polluting fuels like charcoal and firewood. This exposes families to toxic indoor air, deepens poverty and gender inequality, drives deforestation, and adds to climate change.
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