Prior to the coup in Niger, the last few years have seen governments overthrown in and Mali and Burkina Faso—which, although not directly relevant for the upstream oil and gas sector, indicate how instability and violence can proliferate—as well as Sudan, where the army and the paramilitary RSF are battling for power.
As a country, we still cannot tell the exact volume of Premium Motor Spirit, popularly called petrol, which we consume on a daily basis, the Federal Government has said.
In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest data from the Nigerian National Petroleum Corporation have shown.
Africa is at an energy cross-roads. The continent’s best-educated, most entrepreneurial and competitive generation is rising and taking on leadership positions that will propel African companies to become more competitive. After such a long time dealing with the problems of the past, Africans can now look to the future. After all, when it comes to…
