Central Bank of Nigeria to improve drive for non-oil exports

Data from the Organization of the Petroleum Exporting Countries shows that Nigeria's crude production rose by 50,000 barrels oer day in December to reach 1.24 million barrels.

Uganda on Tuesday commissioned the first of its four planned oil rigs and the start of drilling the first production well, a key milestone as the country races to meet its target of first oil output in 2025 after a long delay.

More than 13,000 Nigerian residents take Shell to court over oil spills. The claim from 11,317 people and 17 institutions in the Niger Delta area of Ogale was filed last week, according to Leigh Day, the U.K. law firm representing the plaintiffs.

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The Big Oil bonanza keeps on coming, as France's TotalEnergies rounds out a week of record profits. Oil and gas giants have faced growing criticism about their environmental impact, as well as calls to pay higher taxes while households and businesses struggle with high energy prices.

The five largest Western oil firms announced nearly $200 billion in profits after the Ukraine war sent energy prices soaring. As China reopens, oil demand is likely to stay strong, alongside calls for windfall taxes.

Labour Party Governorship candidate, Gbadebo Rhodes-Vivour speaks to GuardianTV on his chances of emerging as the Lagos State governor in the 2023 election.

A French court has rejected a demand to suspend a controversial oil and gas project largely owned by energy giant TotalEnergies in East Africa. But a lesson could be drawn from the verdict.

Germany has said it wouldn't be buying Russian crude oil this year as it weans itself off its erstwhile biggest energy supplier. But an oil deal with Kazakhstan means Moscow would continue to hold some sway over Berlin.

Florida governor Ron DeSantis has signed a bill giving him control of Walt Disney World's self-governing district. A five-member board will now be appointed to oversee the government services provided in the state's Disney properties. DeSantis is taking aim at Disney over the company's opposition to the state's "Don't Say Gay" law. The move also comes ahead of an expected announcement of his 2024 presidential run.

An explosion on a Nigerian oil pipeline owned by Shell killed at least 12 people on Friday (March 3), authorities at the scene said, while members of the affected community in Emohua said they feared many more had died in the blast.

Tunisia is one of the biggest olive oil producers in the world. Now one company has found a way to use the considerable leftover biomass from making the oil by turning it into heating briquettes.