Tag:Oil reserves

Nigeria’s oil reserves dropped to 37.01bn barrels in January – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s crude oil and condensates reserves dropped to 37.01 billion barrels as of January 1,...

OPEC chief tasks Africa on unlocking 120bn barrels of oil reserves

The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), Mr. Haitham Al-Ghais, has tasked Africa to unlock its proven oil reserves of...

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Sub-Saharan Africa faces slower growth as U.S.-Iran war raises costs

The World Bank on Wednesday, April 8, 2026, cut the growth forecast for Sub-Saharan Africa for 2026 in a...
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Dangote Refinery affirms petrol price stability, says ‘No increase’

Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns...

Middle East crisis: Group urges govts to act, says ‘Fossilflation’ likely despite ceasefire

Environmental campaign group, 350.org, has lauded the announcement of a two-week ceasefire between the United States and Iran as a...

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Sub-Saharan Africa faces slower growth as U.S.-Iran war raises costs

The World Bank on Wednesday, April 8, 2026, cut...

Dangote Refinery affirms petrol price stability, says ‘No increase’

Dangote Petroleum Refinery & Petrochemicals has stated that the...