Oluwatosin Racheal Alabi

KEY POINTS Italian energy company Eni S.p.A. has announced a significant offshore gas discovery in Libya, estimated at more than one trillion cubic feet (Tcf). The newly discovered reserves are …

KEY POINTS Shares of Chevron have pushed the company’s market capitalization above $400 billion for the first time, placing the oil major among the 20 most valuable publicly traded companies …

KEY POINTS Qatar has confirmed that one of the two production trains at Shell’s Pearl gas-to-liquids (GTL) plant will remain offline for at least one year after sustaining damage from …

KEY POINTS Chevron has agreed to sell its stakes in two offshore oil blocks in Angola to Energean in a deal valued at $260 million, marking another step in the …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced an investigation into a gas bubbling incident reported in the Bille community of Rivers State, raising concerns over public …

KEY POINTS The Transmission Company of Nigeria (TCN) confirmed that Tower T99 along the Ughelli–Benin 330kV line collapsed because of vandals on March 15, 2026. The incident occurred in Coconut …

KEY POINTS The United States has eased sanctions on Venezuela’s state-owned oil company, Petróleos de Venezuela, in a move aimed at increasing global oil supply. The decision was announced by …

KEY POINTS Residents and businesses in Lagos, particularly in the Amuwo-Odofin area, may experience a prolonged blackout lasting up to four months due to planned maintenance on a 132kV substation. …

KEY POINTS Nigeria’s electricity crisis is deepening as several power generation companies shut down operations due to a mounting debt burden of about N6.8 trillion. The crisis has severely limited …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has intensified efforts to boost crude oil supply to the Dangote Petroleum Refinery as global oil prices surge. The move is …