Skip to content
NCDMB to share Tony Attah’s insights on funding local content initiatives
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced that Engr. Tony Attah, Managing Director of Renaissance Africa Energy Company Limited, will be the guest speaker at the next edition of the Nigerian Content Academy Lecture Series….
NCDMB to feature Dr Peterside’s crisis management strategies at book reading session
Sopuruchi Onnwuka The Nigerian Content Development and Monitoring Board (NCDMB) will host the fourth edition of its Quarterly Book Reading Programme, providing a platform for Dr. Dakuku Peterside, former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…
Russia, China veto UN resolution on reopening Strait of Hormuz
Ziggy Ojiegbe Despite the biting global fuel supply squeeze, Russia and China vetoed a United Nations Security Council resolution aimed at reopening the Strait of Hormuz, a critical maritime chokepoint that carries about a fifth of the world’s oil. Oracle…
Eight OPEC+ producers adjust output, pledge market stability
Frank Okon The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and…
Iran chases back Qatar’s LNG vessels from Strait of Hormuz
Ziggy Ojiegbe Tensions in the Persian Gulf are beginning to disrupt global energy flows, as Iran tightens its grip on key shipping routes. Two liquefied natural gas carriers — the Al Daayen and Rasheeda — have turned back toward Qatar…
UN exploring scalable solutions Africa’s food, energy security challenges
NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…
OPEC+ considers output boost as Hormuz impasse traps market supply
Sopuruchi Onwuka, with agency reports Organization of Petroleum Exporting Countries and its non-member allies (OPEC+) are expected to weigh another modest increase in oil production this weekend, even as the ongoing U.S.-Israeli war with Iran keeps the Strait of Hormuz…
UN urges accelerated energy transition amid Strait of Hormuz crisis
The ongoing crisis in the Middle East is intensifying calls from the United Nations for a faster global shift to renewable energy, as disruptions to fossil fuel supplies expose the vulnerability of nations reliant on oil and gas from conflict-prone…
US EXIM approves over $2 bn US LNG supply to Egypt
Ziggy Ojiegbe The Export-Import Bank of the United States has approved more than $2 billion in financing support for U.S. liquefied natural gas exports to Egypt, in a move aimed at expanding American energy reach and strengthening strategic trade ties….
China stands behind Iran as UNSC faces impasse on Strait of Hormuz
Ziggy Ojiegbe China has signaled firm backing for Iran’s position in the escalating Strait of Hormuz crisis, deepening divisions at the U.N. Security Council as members explore viable plans to protect global shipping. Beijing, a veto-wielding member of the council,…
