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Oil & Gas
Africa’s deepwater race heats up
Oil exploration and production are now moving further out into the sea and deeper under the ocean floor, at depths greater than 1000 feet in the quest for the last residual pinches of oil…
Long queues as fear of fuel scarcity hits Lagos
Economic activities in Lagos and environs are threatened as the various fuel depots are said to be drying up of fuel. This has led to long queues in anticipation of fuel scarcity.
It would…
Morocco’s $9 billion solar project: Any lesson for Nigeria?
Morocco has recruited foreign investors to fund a $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed…
Morocco’s $9 billion solar project: Any lesson for Nigeria?
Morocco has recruited foreign investors to fund a $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed…
Four companies shortlisted in oil block licensing round
The government of Sao Tome and Principe has short-listed four companies to bid on two oil blocks in its exclusive economic zone.The Central African island nation announced its plans to open…