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A service for energy industry professionals · Friday, February 28, 2025 · 789,896,190 Articles · 3+ Million Readers
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Africa Crude Oil News Monitoring

  • Published on Feb 26, 2025

    Top 10 richest states in Nigeria (2025)

    Nigeria is a country rich in natural resources and diverse cultures. Its 36 states contribute differently to the nation's economy.  As of 2025, certain states stand out due to their significant economic activities and contributions.  Here’s a look at …

    Source: Pulse - Neutral
  • Published on Feb 26, 2025

    Nigeria’s Economy Expands By 3.84% In Q4 2024

    Nigeria’s economy grew by 3.84% in the fourth quarter of 2024, according to data from the National Bureau of Statistics (NBS). This marks a 42-basis-point increase from the 3.46% growth recorded in the third quarter. For the full year, the economy expanded …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Feb 26, 2025

    UPSC Essentials | Mains answer practice — GS 2: Questions on India-Qatar relations and India’s role in Africa (Week 91)

    UPSC Essentials brings to you its initiative for the practice of Mains answer writing. It covers essential topics of static and dynamic parts of the UPSC Civil Services syllabus covered under various GS papers. This answer-writing practice is designed to …

    Source: The Indian Express - Center-left
  • Published on Feb 26, 2025

    CRCC joins consortium to build Africa’s most advanced refinery in Equatorial Guinea

    Equatorial Guinea Vice President Teodoro Nguema Obiang Mangue (middle) standing with Chinese investors Equatorial Guinea is set to construct a state-of-the-art refinery in Bata, in partnership with China Railway Construction Company (CRCC), one of the …

    Source: Joy FM - Label Pending
  • Published on Feb 24, 2025

    East African Crude Oil Pipeline case awaiting decision from regional appeals court

    East African Crude Oil Pipeline case awaiting decision from regional appeals court Persons affected by the East African Crude Oil Pipeline are keeping their fingers crossed on whether the regional appeals court will allow the case to be heard. The …

    Source: NTV Uganda - Neutral
  • Published on Feb 27, 2025

    Naira Strengthens To N1,499 Despite Drop In FX Supply

    The naira appreciated slightly against the US dollar in the foreign exchange (FX) market, closing at N1,499 per dollar in the official window on Wednesday. Despite a significant 46% drop in forex inflows last week, the local currency remained relatively …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Feb 26, 2025

    No Reprieve For Oil Thieves As Army Intensifies Crackdown In Niger Delta

    The Nigerian Army’s unre­lenting offensive against oil theft in the Niger Delta has once again yielded sig­nificant results, as troops of the 6 Division dismantled 18 illegal oil refining sites and arrested 17 sus­pected oil thieves in an operation carried …

    Source: Daily Independent - Label Pending
  • Published on Feb 26, 2025

    New Stena Bulk Joint Venture to Expand Nigerian and West African Oil Trade

      A new joint venture is seeking tankers as it plans to modernize and expand the regional oil trade from Nigeria and into West Africa. Stena Bulk reports it is forming the partnership with offshore operator Caverton Marine and the Nigerian National …

    Source: The Maritime Executive - Label Pending
  • Published on 00:51 GMT

    FULL TEXT: President John Dramani Mahama's State of the Nation Address

    MESSAGE ON THE STATE OF THE NATION DELIVERED BY HE JOHN DRAMANI MAHAMA, PRESIDENT OF THE REPUBLIC OF GHANA TO THE 9TH PARLIAMENT ON THURSDAY, FEBRUARY 27, 2025. Right Honourable Speaker, Your Excellency, the Vice President, Your Excellency, the First Lady …

    Source: Graphic - Label Pending
  • Published on 01:53 GMT

    Akutah: ICTN Deployment Will Ensure Greater Ports Efficiency

    The Nigerian Shippers’ Council (NSC), has said that it plans deploy International Cargo Tracking Note (ICTN) to ensure maximum level of efficiency at the nation’s seaports. Executive Secretary/CEO of NSC, Dr. Pius Akutah, disclosed that the council has …

    Source: This Day - Pro-Government
  • Published on 01:48 GMT

    Trump’s tariffs and sanctions fuel global oil market chaos

    Posted on February 27, 2025 by Ryan Dahlman Proposed U.S. tariffs on Canadian crude—part of Donald Trump’s push for protectionist trade policies—are raising alarm on both sides of the border. Set for March 4, the levy aims to address trade imbalances and …

    Source: 40 Mile County Commentator - Label Pending
  • Published on 01:06 GMT

    Fuel prices set for March adjustments

    March is bringing a surprise for South African motorists, with petrol and diesel prices expected to dip slightly, thanks to a combination of a weaker US dollar and falling global oil prices. Petrol 95 is on track to decrease by 4 cents per litre, while …

    Source: Cape Town ETC - Neutral
  • Published on Feb 26, 2025

    We control 50% of Nigeria’s oil production, say local oil producers

    The Independent Petroleum Group (IPPG) has applauded the federal government on the conclusion of the divestment deals by International Oil Companies (IOCs) in Nigeria, stating that it has led to a boost in activities of indigenous companies, which now …

    Source: Business Day - Neutral
  • Published on Feb 27, 2025

    North American Grain and Oilseed Review: Too much pressure on canola to sustain gains

    By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up their earlier gains on Thursday to close the day lower. Pressure on canola came from sharp losses in Malaysian palm oil and more modest declines …

    Source: Manitoba Co-operator - Neutral
  • Published on Feb 27, 2025

    Trump’s Foreign Policy Sends Tanker Market Adrift

    Vessel owners and oil traders are hesitant to enter long-term charter deals for oil tankers amid heightened geopolitical uncertainty since U.S. President Donald Trump took office. The U.S. tariffs on China, the threat of tariffs on Canada, Mexico, and the …

    Source: Oil Price - Neutral
  • Published on Feb 27, 2025

    Mahama Pledges Economic Revival for Ghana’s Struggling Oil Hub

    President John Mahama has vowed to resuscitate the economy of Ghana’s Western Region, once a thriving epicenter of oil and gas activity, now reeling from mass layoffs and shuttered businesses linked to the sector’s steep decline. During his February 27 …

    Source: News Ghana - Uncategorized
  • Published on 00:58 GMT

    Badenoch searching for relevance, says UK PM

    2 days ago Following the lack of critical infrastructure at Ignatius Ajuru University of Education (IAUE) in Rivers State, Governor Siminalayi Fubara has approved the immediate construction of male and female hostels, a health centre, administrative blocks …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Feb 27, 2025

    South Asia’s Pivot to the Gulf

    South Asia – India, Pakistan, Afghanistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives – remains one of the most strategically critical yet least integrated regions in the world, both politically and economically. With one-quarter of the world’s …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Feb 25, 2025

    Nigeria’s GDP expanded by 3.84% in Q4 2024 – NBS

    Nigeria’s Gross Domestic Product grew by 3.84 per cent in real terms in the fourth quarter of 2024, reflecting an improvement from the 3.46 per cent recorded in the same period of 2023. This also marked a slight increase from the previous quarter, which …

    Source: Punch - Uncategorized

04 days 00:58:25

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