Oil & Gas

KEY POINTS US energy giant Chevron is increasing its oil and gas exploration spending by 50% in 2026 as it pursues new discoveries across Africa, South America and the Eastern …

KEY POINTS Seplat Energy Plc has discovered an estimated 157 billion cubic feet of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in …

Oil prices fell more than 4% Monday as talks on ending the Iran war raised hopes that Middle East supply disruptions could ease.

Italian energy company Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited, a subsidiary of Sterling Oil …

KEY POINTS Domestic supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, increased by nearly 18 per cent year-on-year in September 2026, reaching 4.5 million litres per day, …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has reaffirmed its commitment to resuming oil exploration in Borno State’s Lake Chad Basin, promising to work with the state government …

KEY POINTS The Dangote Refinery’s initial public offering, IPO, has attracted investors from 120 countries, including all 54 African nations, according to the Nigerian Exchange Group, NGX Group. NGX Group …

KEY POINTS The Nigerian National Petroleum Company (NNPC) Limited has called for sustained investment across Nigeria’s petroleum industry and stronger regional cooperation to improve energy security, support economic growth and …

KEY POINTS Nigeria has launched a nationwide programme to improve the safety of liquefied petroleum gas (LPG) cylinders, expand clean cooking and support local manufacturing and job creation. The National …

Equinor reported adjusted operating income of $12.35 billion for the third quarter as the Middle East war lifted oil and gas prices.