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Monthly Archives

September 2025

  • In the NewsOil & Gas

    NUPRC Urges Calm as Dangote–PENGASSAN Clash Threatens Fuel Supply

    by Oluwatosin Racheal Alabi September 29, 2025
    by Oluwatosin Racheal Alabi September 29, 2025

    KEY POINTS Nigeria’s petroleum regulator, NUPRC, has stepped into the growing standoff between Aliko Dangote’s refinery and oil sector unions, urging all sides to resolve their differences without putting the …

  • Energy TransitionIn the NewsOil & Gas

    Equatorial Guinea Strikes $690 Million Chevron Deal to Boost LNG Output

    by Oluwatosin Racheal Alabi September 29, 2025
    by Oluwatosin Racheal Alabi September 29, 2025

    KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …

  • MarketsOil & Gas

    Dangote Refinery Halts Petrol Sales in Naira as FX Crunch Deepens

    by Oluwatosin Racheal Alabi September 27, 2025
    by Oluwatosin Racheal Alabi September 27, 2025

    KEY POINTS The Dangote Petroleum Refinery, Nigeria’s flagship private downstream asset, has suspended sales of petrol in naira, setting the stage for another round of turbulence in the country’s fuel …

  • In the NewsOil & Gas

    PENGASSAN Orders Crude and Gas Cutoff to Dangote Refinery After Mass Layoffs

    by Oluwatosin Racheal Alabi September 27, 2025
    by Oluwatosin Racheal Alabi September 27, 2025

    KEY POINTS Nigeria’s most powerful oil and gas union, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has directed its members across the country’s top energy firms …

  • In the News

    NUPRC Approves TotalEnergies’ $510 Million Oil Deal

    by Ikeoluwa Juliana Ogungbangbe September 26, 2025
    by Ikeoluwa Juliana Ogungbangbe September 26, 2025

    NUPRC clears TotalEnergies’ $510 million oil deal with Shell and Agip, with consent fees and obligations attached

  • In the News

    Nigeria Ends 10-Year Oil Investment Drought

    by Ikeoluwa Juliana Ogungbangbe September 26, 2025
    by Ikeoluwa Juliana Ogungbangbe September 26, 2025

    Nigeria ends a 10-year drought in oil sector investments as reforms restore confidence and attract billions in fresh commitments

  • In the News

    Egypt Pushes Ahead With New Zohr Wells to Revive Mediterranean Gas Output

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Egypt is ramping up drilling at its flagship Zohr gas field in the Mediterranean, signaling a renewed push to restore production at one of the world’s largest offshore …

  • In the NewsOil & Gas

    Nigeria’s Cooking Gas Prices Drop Sharply in August as Inflation Eases

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Nigeria’s households caught a rare break in August as the average cost of refilling cooking gas cylinders plunged, offering relief to millions grappling with stubbornly high living expenses. …

  • MarketsOil & Gas

    Shell, Agip Secure 12.5% OML 118 Stake as TotalEnergies Exits With Regulator’s Nod

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Nigeria’s upstream regulator has approved the transfer of TotalEnergies’ 12.5% interest in Oil Mining Lease (OML) 118 to two of its long-time partners, Shell Nigeria Exploration and Production …

  • In the News

    Dangote Refinery Faces Backlash Over Mass Sacking of Nigerian Workers

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Nigeria’s largest refinery project, owned by billionaire Aliko Dangote, is facing mounting criticism from labor unions after reports surfaced that all Nigerian staff at the facility were abruptly …

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Nigeria’s Oil Boom: Record Production in September 2023

Eskom Overhauls Board with Seven New Appointments to Drive Reform and Energy Stability
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Eskom Overhauls Board with Seven New Appointments to Drive...
Mozambique Pushes Back on TotalEnergies’ Revised LNG Plan Amid...
Arbitration Storms Shake Global LNG Industry as Contracts Give...

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