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UN says global economic growth indicates resilient but subdued

Further slowdown expected in 2026 Sopuruchi Onwuka Global economic growth has shown resilience over the past year despite trade tensions and geopolitical uncertainty, but remains subdued and well below pre-pandemic levels, according to a major United Nations report released on…

New collaboration with Elon Musk aims to make Israel global AI leader

Global technology entrepreneur Elon Musk is working toward a collaboration agreement with the State of Israel to advance artificial intelligence (AI) and autonomous vehicle technology, a move expected to strengthen Israel’s position as a global leader in the sector. According…

EU’s stand-down on combustion engine ban signals boost for oil market

Sopuruchi Onwuka The European Union’s decision to soften its planned 2035 ban on new combustion-engine vehicles is being read by energy markets as a clear positive for oil producers, signaling a slower and less absolute transition away from fossil fuels…

WAPCo positions for Nigeria’s greater export agenda, regional demand boom

By Sopuruchi Onwuka The West African Gas Pipeline Company Limited (WAPCo) has declared its readiness to play a leading role in advancing the economic and industrial aspirations of West African countries, citing the resilience of its assets, strong operational performance,…

PETAN demands role in regulating project economics

Insists Nigeria’s petroleum industry services are cheapest in Africa Sopuruchi Onwuka The President of the Petroleum Technology Association of Nigeria, Engr. Wole Ogunsanya, says service costs in Nigeria’s oil and gas industry remain the lowest in Africa. But he stressed…

Nigerian Content: Marconi pledges cost efficiency, schedule compliance

Sopuruchi Onwuka With the Federal Government pushing to attract new oil and gas investments and cut production costs, Marconi.NG EPC Limited has restated its commitment to delivering projects quickly and at competitive rates. The pledge came on Wednesday during a…

AGM: WIEN demands resource governance model for solid minerals, agriculture

Sopuruchi Onwuka Leading female professional and business group in the energy sector, the Women in Energy Network (WIEN), has called on the government to urgently evolve a structured governance system for agriculture and solid mineral sectors. President of WIEN, Mrs…

NLNG hosts stakeholders’ retreat for stronger collaboration

Nigeria LNG Limited (NLNG) has renewed its commitment to deepening collaboration across the nation’s energy sector as it hosted the Nigerian Content Development and Monitoring Board (NCDMB) and other industry leaders at the 2025 Nigerian Content Stakeholders’ Retreat in Finima,…

NLNG clinches third FIRS Most Compliant Taxpayer award

NLNG has again been named the Most Compliant Taxpayer in corporate Nigeria by the Federal Inland Revenue Service. The recognition, issued under the FIRS Compliant Taxpayer Award and Recognition Program, highlights organizations that consistently meet their tax obligations with diligence…

Seplat Energy empowers 25 journalists at media workshop in Imo State

Seplat Energy Plc has reaffirmed its commitment to transparency, accountability, and national development by strengthening its partnerships with the media and supporting journalists as they navigate the fast-changing digital landscape. Speaking at a two-day capacity-building workshop for journalists in Imo…