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Nepal’s Edible Oil Resurgence Sparks Trade Manipulation Concerns
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Kathmandu, May 24 – Exports from Nepal witnessed a significant rise of 72.71 percent during the initial ten-month period of the present fiscal year, which concluded midway through May. The substantial growth can largely be attributed to the re-exportation of various edible oils—most notably soybean, sunflower, and palm oil—which are products that Nepal lacks…
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Mike Adenuga’s Conoil exports new Nigerian crude grade
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Conoil Producing, the oil exploration company owned by Nigerian tycoon Mike Adenuga, has made a significant move within Africa’s energy sector by starting to export Nigeria’s latest crude oil variety, called the Obodo blend, onto the global stage. In April, led by Adenuga—the pioneering Nigerian business figure who achieved success in the oil sector—Conoil…
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Oil Palm: Solidaridad Fights for Fairer Supply Chains to Shield West African Smallholders
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Solidaridad West Africa, an international nongovernmental organization, has urged for a complete reform of worldwide palm oil purchasing systems to guarantee more equitable profit sharing for small-scale farmers. These farmers generate most of West Africa’s palm oil yet retain only a minimal portion of its advantages. The “Palm Oil Barometer 2025,” labeled as “Procurement…
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Renaissance Halts Pipeline After Oil Spill Incident in Rivers
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Mkpoikana Udoma Port Harcourt — Renaissance Africa Energy Company Limited, which now operates facilities previously managed by Shell Petroleum Development Company (SPDC), has verified an oil leak from its 14-inch Okordia–Rumuekpe pipeline located in Ikata within the Ahoada East Local Government Area of Rivers State. The firm stated that they have halted production in…