Two more project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming a major solar power market in Africa. Local companies Afrinegia Nigeria...

Investment company GreenWish Partners has doubled its planned capacity addition in Nigeria’s solar power market. GreenWish Partners now plans to set up 200 megawatts of solar power capacity in Nigeria after entering into...

The output cuts announced by OPEC and eleven non-OPEC producers have entered their probation period and it is far too soon to see what level of compliance has been achieved. The coming...

OPEC Secretary General, HE Mohammad Sanusi Barkindo, has been named ‘Man of the Year’ for 2016 by The Daily, the leading African online newspaper. The Daily explained: “This year,” the letter announcing the...

Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut...

The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its...

Salaheddine Mezouar, Minister of Foreign Affairs and COP22 President held a meeting with Minister Mohammed on August 23, during which he reiterated the importance of the two countries on the African continent...

Nigeria slumped into recession and Norway's economic growth slowed to a standstill in the second quarter. Both countries rely on oil for a big chunk of their exports and have been hit...