By Robert Rapier You probably have noticed that gasoline prices are again on the rise. Predictably, I have already seen stories arguing about President Trump’s culpability in this current price rise. It never fails that when gasoline prices decline, a President and his allies are quick to take credit. And when prices rise, the opposition…
“Financing oil and gas in a cyclical industry means that a long term view on the underlying growth prospects of the recipient or project is necessary. Risk mitigation is about understanding the bankability of the project as much as it is about appetite”, stated Rolake Akinkugbe-Filani, Head of Energy and Natural Resources at FBNQuest Merchant…
By Energy Worth The Minister of Power, Works and Housing, Babatunde Fashola, has warned that the raining season will pose a major challenge to the transmission and distribution arms of the power industry. According to him, although the rains will benefit hydro power stations, it will also pose some difficulties in the running of the…
By Energy Worth The Federal Government and the Kingdom of Morocco on Monday in Rabat, Morocco, signed three agreements as part of activities marking President Muhammadu Buhari’s two-day visit to the country. According to a statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, the agreements included that of…
By Nick Cunningham The upcoming OPEC meeting on June 22 is shaping up to be a contentious one, after news broke that the U.S. government asked Saudi Arabia to increase oil production before Washington pulled out of the Iran nuclear deal. Earlier last week, news surfaced that the U.S. government asked Saudi Arabia to boost…
