Ikeoluwa Juliana Ogungbangbe

Nigeria secures $5.5 billion from IOC divestments, raising crude production by 200,000 barrels daily and strengthening local participation

TotalEnergies is selling non-operated Norwegian oil assets to Vår Energi and Orlen while keeping a long-term presence in the Greater Ekofisk Area

The EU will halve steel import quotas and lift tariffs to 50 percent, moving in step with U.S. and Canadian trade measures

ExxonMobil’s Darren Woods met Mozambique’s president to seek security assurances before approving a $30 billion gas terminal in Cabo Delgado

NNPC signed a two-year crude deal with Dangote refinery, allocating 82 million barrels, with 60 percent sold in naira

BP greenlights $5 billion Tiber-Guadalupe project in the U.S. Gulf, aiming to boost oil output and cut costs

PENGASSAN strike halts crude supply, sparking fears of a fuel price hike and nationwide power blackouts

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

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

KEY POINTS The Nigerian National Petroleum Company Limited has received N318.05 billion between January and August 2025 to finance frontier oil exploration, according to documents from the September meeting of …