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In the News

  • In the News

    Oil rallies for the week as US-Iran fighting resumes and diesel hits a record

    by Otobong Tommy September 4, 2026
    by Otobong Tommy September 4, 2026

    Oil headed for a weekly gain above 6 percent as US-Iran fighting resumed, while US diesel prices hit a record high, fuelling fresh global inflation fears.

  • In the News

    Nigeria to start producing local solar panels soon, energy commission says

    by Otobong Tommy September 4, 2026
    by Otobong Tommy September 4, 2026

    Nigeria will soon begin producing solar panels locally through a partnership with LONGi to cut renewable energy costs, the Energy Commission of Nigeria says.

  • In the NewsOil & Gas

    TotalEnergies Takes Operatorship of Namibia’s Giant Mopane Oil Discovery

    by Adedotun Oyeniyi September 4, 2026
    by Adedotun Oyeniyi September 4, 2026

    KEY POINTS TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 licence, strengthening its position in the country’s emerging oil industry and giving the French energy …

  • In the NewsOil & Gas

    BP Sells Stakes in Brazil, US Gulf Exploration Projects to Shell

    by Adedotun Oyeniyi September 4, 2026
    by Adedotun Oyeniyi September 4, 2026

    KEY POINTS BP Plc has agreed to sell partial interests in two major offshore exploration opportunities to Shell Plc, deepening cooperation between the two energy giants while allowing BP to …

  • In the News

    Drone Attack Targets Fuel Depot in Libya’s Capital

    by Ikeoluwa Juliana Ogungbangbe September 4, 2026
    by Ikeoluwa Juliana Ogungbangbe September 4, 2026

    KEY POINTS A remotely controlled drone attempted to attack a fuel depot in Libya’s capital, Tripoli, on Thursday, September 3, raising fresh concerns about the security of the country’s critical …

  • In the NewsOil & Gas

    Dangote Refinery IPO to Open Within 10 Days as IEA Targets Doubling Nigeria’s Energy Investment

    by Ikeoluwa Juliana Ogungbangbe September 4, 2026
    by Ikeoluwa Juliana Ogungbangbe September 4, 2026

    KEY POINTS The Initial Public Offering, IPO, of the Dangote Petroleum Refinery is expected to open within the next 10 to 12 days, marking a major step towards broadening ownership …

  • In the NewsOil & Gas

    PENGASSAN Leadership Crisis Deepens as Members Ask Court to Cancel July Election

    by Ikeoluwa Juliana Ogungbangbe September 4, 2026
    by Ikeoluwa Juliana Ogungbangbe September 4, 2026

    KEY POINTS A leadership crisis has erupted within the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, branch covering NNPC Trading Limited (NTL) and NNPC Shipping and Logistics …

  • In the NewsOil & Gas

    Oando Calls for Stronger Partnerships to Boost Africa’s Oil and Gas Growth

    by Ikeoluwa Juliana Ogungbangbe September 4, 2026
    by Ikeoluwa Juliana Ogungbangbe September 4, 2026

    KEY POINTS Oando Energy Resources, the upstream subsidiary of Oando PLC, has called for stronger collaboration among governments, regulators, oil and gas companies and host communities to unlock investment and …

  • In the News

    Outback gas players eye Northern Territory to skip the data centre power queue

    by Otobong Tommy September 3, 2026
    by Otobong Tommy September 3, 2026

    Australian gas producers are pitching the Northern Territory as a home for AI data centres, saying developers can self-generate power and skip long grid-connection queues.

  • In the News

    South Korea utility asks Samsung to prepay $15 billion for power, paper says

    by Otobong Tommy September 3, 2026
    by Otobong Tommy September 3, 2026

    South Korea’s KEPCO has proposed Samsung prepay 20 trillion won ($15 billion) for power through 2031 to fund grid expansion, a newspaper says.

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  • Senegal, Eni Assess Five Offshore Oil Blocks
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  • ExxonMobil Gets Texas Approval for Carbon Capture Project

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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Warns Rising Competition Could Squeeze Margins
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Latest Stories

Dangote Refinery Warns Rising Competition Could Squeeze Margins
Chevron Revives Plans for Stalled Thailand Offshore Gas Project
Senegal, Eni Assess Five Offshore Oil Blocks

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