US lawmakers maul law to break OPEC
The cohesion in the Organisation of Petroleum Exporting Countries (OPEC) that has helped maintain stability in the international crude oil market may be broken if the proposal by some US…
Shell restates commitment to projects to realize its 2050 energy transition agenda
Shell Group says it would continue to pursue the execution of projects that would allow the transfer from fossil fuels exploration and development to realize the energy transition agenda. The…
Buhari seeks access to duty-free market for least-developed economies
Developed and developing nations should grant access to duty and quota-free markets for products originating from the world’s 46 least-developed countries, President Muhammadu Buhari has said. Buhari who was quoted…
U.S. extends business, tourism visa validity for Nigerians to 60 months
The United States Embassy in Abuja on Monday announced the increase of visitor visa validity from 24 months to 60 months for Nigerians planning to enter the country temporarily for…
Peace Accord: Biden wants candidates to uphold peace; accept election results
US President, Joe Biden has asked candidates in next Saturday’s Presidential Elections and other upcoming elections to uphold peace and accept the outcome of the elections as would be announced by…
Finally, Addax exits Nigeria; transfers PSCs in four OML assets to NNPCL
By Bassey Udo After 24 years of operating in Nigeria as the Production Sharing Contract (PSC) contractor and partner with the Nigerian National Petroleum Company (NNPC) Limited, Addax Petroleum on…
U.S. announces additional $5m in humanitarian assistance for Nigeria Flood victims
MEDIATRACNET The United States government, through its agency for International Development (USAID) has announced additional provision of $5 million in humanitarian assistance to support people affected by recent flooding in…
Choices before Nigeria to accelerate economic growth, curb extreme poverty – World Bank
By Bassey Udo Nigeria can grow its economy and lift at least 80 million people living in extreme poverty if it implements a comprehensive set of bold reforms in a…
Glencore bribe scandal: NEITI joins civil society groups to demand probe
By Bassey Udo The Board of the Nigerian Extractive Industries Transparency Initiative (NEITI), otherwise called the National Stakeholders Working Group (NSWG), on Wednesday called on the Federal Government to immediately…
U.S.- African Leaders Summit: Stop begging for aid, Ghanian President tells Nigeria, other African leaders
MEDIATRACNET African leaders must stop begging the developed world for aid and allow the continent to assume its rightful position in the global economy, the Ghanaian President, Nana Akufo-Addo said…