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Vance Says Alaska LNG Project Still Needs Key Details Resolved
BusinessEconomyWorld

Vance Says Alaska LNG Project Still Needs Key Details Resolved

US Vice President JD Vance says the proposed Alaska liquefied natural gas project is expected to move forward, although Washington and Seoul still...

Ardova-Led Consortium to Acquire 100% of Powergas in Major CNG Expansion
BusinessEconomyInfrastructure & DevelopmentNigeria

Ardova-Led Consortium to Acquire 100% of Powergas in Major CNG Expansion

Ardova Plc-led consortium, alongside Diadem Energy, has agreed to acquire 100 per cent of Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited,...

Iran Warns Ships Against Using Unapproved Routes in Strait of Hormuz
WorldBusiness

LNG Buyers Seek New Suppliers as Iran War Disrupts Gulf Shipments

LNG buyers are seeking supplies from new regions as the US Israeli war against Iran disrupts shipments from the Gulf, prompting importers to...

Nigeria’s Gas Flaring Rate Climbs to 7.48% in August
Economy

Nigeria’s Gas Flaring Rate Climbs to 7.48% in August

Nigeria’s gas flaring rate increased to 7.48 per cent in August 2026, reversing several months of improvement and reaching its highest level in...

OB3 Pipeline Ready for First Gas as AKK Project Reaches 95%
BusinessNigeria

OB3 Pipeline Ready for First Gas as AKK Project Reaches 95%

By Benson Daniel The Obiafu Obrikom Oben gas pipeline is ready for first gas, while construction of the Ajaokuta Kaduna Kano pipeline has...

Africa emerges as key force in global energy geopolitics, Tegbe says
AfricaBusinessNigeria

Africa emerges as key force in global energy geopolitics, Tegbe says

By Benson Daniel Africa is increasingly becoming central to the global energy conversation as countries seek to secure reliable power, diversify energy sources...

Regulatory Uncertainty Could Undermine Oil Investments, NMDPRA Chief Warns
BusinessNigeria

Regulatory Uncertainty Could Undermine Oil Investments, NMDPRA Chief Warns

By Benson Daniel The Nigerian Midstream and Downstream Petroleum Regulatory Authority has warned that uncertainty in the regulatory environment could undermine investment in...

ECB Faces Pressure to Raise Rates as Middle East War Fuels Inflation
BusinessWorld

ECB Faces Pressure to Raise Rates as Middle East War Fuels Inflation

The European Central Bank (ECB) is facing growing pressure to tighten monetary policy as the conflict in the Middle East pushes up energy...