October 2025

KEY POINTS Cooking gas prices in Nigeria’s capital city have held steady even as consumers in Lagos and other regions battle rising costs following last week’s supply disruptions. A market …

KEY POINTS Nigerians faced yet another hike in fuel prices on Monday as petrol costs soared above ₦900 per litre across filling stations in Abuja, deepening public frustration over rising …

KEY POINTS Oil prices edged higher on Monday after OPEC+ opted for a smaller-than-expected output hike for November, calming worries of a sharp supply influx but leaving markets cautious about …

KEY POINTS ExxonMobil Corp. plans to slash roughly 2,000 jobs worldwide — about 3% to 4% of its total workforce — in the latest phase of a sweeping restructuring aimed …

KEY POINTS Gasum Oy, Finland’s state-owned energy company, has begun construction on three new liquefied biogas (LBG), or bio-LNG, filling stations as part of its broader strategy to expand the …

KEY POINTS Nigerian households are reeling under a worsening shortage of cooking gas as the price of a 12.5-kilogram cylinder of Liquefied Petroleum Gas (LPG) has climbed to ₦25,000 this …

Sumitomo wins Singapore grant to develop ammonia as marine fuel, advancing clean shipping goals and supporting Singapore’s low-carbon maritime ambitions

Sahara Group plans to boost oil output to 350,000 barrels daily by 2030, driven by new rigs and expansion in Nigeria

QatarEnergy secures 27% stake in Egypt’s North Cleopatra offshore block, expanding its role in the country’s fast-growing energy sector

Eni resumes offshore drilling in Libya after five years, joining other oil majors returning as the country targets higher oil output