In the News

KEY POINTS Eni Ghana and Vitol Upstream Tano Limited have moved closer to securing final petroleum agreements for two offshore blocks in Ghana’s Tano Basin after signing Memoranda of Understanding …

KEY POINTS Ogoni diaspora organisations, youth groups and civil society groups have rejected plans to resume oil exploration in Ogoniland, insisting that Shell must first withdraw its proposed divestment of …

KEY POINTS CardinalStone Research has projected that Dangote Petroleum Refinery and Petrochemicals could achieve a market capitalisation of N77.7 trillion if its planned public listing performs in line with the …

Global cumulative clean hydrogen investment has topped $130 billion as governments treat the fuel as an energy-security and industrial tool, the Hydrogen Council says.

A marine fuel supply squeeze at major shipping hubs has eased as the market adapts to prolonged Strait of Hormuz disruption, industry sources say.

KEY POINTS TotalEnergies Upstream Nigeria Limited, TUPNI, the Nigerian National Petroleum Company Limited, NNPC, and their partners have strengthened science education at Government Secondary School, Kuje, in the Federal Capital …

KEY POINTS Angola has announced a new oil discovery in the country’s mature offshore Block 15, raising hopes of additional production from an area that has already delivered billions of …

KEY POINTS Chevron is preparing for a major expansion of its oil production in Venezuela while shifting its U.S. shale operations toward stronger cash generation and pursuing new opportunities in …

KEY POINTS The Transmission Company of Nigeria, TCN, has declared force majeure on the 330kV Kainji-Birnin Kebbi transmission line after one of its towers collapsed during heavy winds and rainstorms. …

China’s oil demand will fall 8.9 percent in 2026, a third straight annual decline, as high prices and EV growth curb consumption, Sinopec says.