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A research report released by McKinsey & Company has predicted that the demand for light product (gasoline, diesel/gasoil, jet/kero, including biofuels) will plateau by the mid-2020s, even in the case of a delayed energy transition

The Nigerian National Petroleum Corporation (NNPC), through the federal government, is seeking US$1bn with an aim to continue work on the US$2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, after Chinese lenders, which had pledged to provide the majority of the funds, failed to disburse cash as timely as expected

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