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How Prices of Kerosene, Gas, Diesel Increased
The latest data from the Nigerian Bureau of Statistics for November has shown that the price of household Kerosene, also known as cooking kerosene skyrocketed by over 100 per cent in one year. The average retail price of kerosene per litre rose by about 146 per cent from N441 in November 2021 to N1,083/litre in…
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Here Is What To Know About Algeria’s New Energy Deal With Italy
Following Russia’s invasion of Ukraine and the torrent of sanctions by world powers, countries like Italy have begun pushing to cut their reliance on Russian hydrocarbon supplies. Italian energy giant Eni and Algeria’s state-owned Sonatrach recently reached an agreement to boost both gas exploration and the development of green hydrogen in the North African nation, with hopes…
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Fact Check: Can Algeria Match Russia’s Gas Export Capacity In Europe?
Following severe sanctions on Russian exports since its invasion of Ukraine, Europe and the rest of the west are looking to Africa and the Middle East to make up for their energy needs. But is Africa ready to match or perhaps surpass Russia’s energy-exporting capacity within Europe and on a global scale? Last week, Algeria…