OPEC Output Falls in November as Nigeria, Iraq Suffer Production Outages

OPEC’s crude oil production slipped by 30,000 bpd in November due to outages in Nigeria and Iraq, despite an OPEC+ agreement to raise output.

Next-Generation Nuclear Technologies Could Help Emerging Economies Close Power Gap — Report

A new Rockefeller Foundation report says next-generation nuclear technologies, including SMRs, could supply up to 30% of electricity and cut system costs by 31% in emerging economies like Nigeria, Brazil, Ghana and India.

Ogoni Faces Dual Crisis of Oil Pollution and Climate Threats — AIFES

AIFES warns that Ogoni communities in Rivers State are experiencing a dual crisis of long-term oil pollution and escalating climate change impacts, deepening vulnerability and threatening livelihoods.

Africa’s Gas Revolution: Paving the Way for Economic Growth and Energy Security

Africa’s natural gas sector is set to transform the continent’s energy future, with growing domestic demand, LNG exports, and industrialisation driving economic growth and energy security, according to the African Energy Chamber.

Nigeria Approves Fiscal Plan Proposing $37.7 Billion 2026 Budget

Nigeria’s cabinet has approved a medium-term fiscal plan projecting 54.5 trillion naira ($37.7 billion) in 2026 spending, with a 20.1 trillion-naira deficit, oil benchmarked at $64.85 per barrel, and GDP growth targeted at 4.68%.