Oil & Gas

KEY POINTS • Kenya and Rwanda have signed three agreements to establish a government-to-government framework for fuel imports. • The partnership will improve Rwanda’s fuel security by increasing the use …

KEY POINTS • Libya will increase natural gas production after the National Oil Corporation and Italy’s Eni completed an upgrade of the Bahr Essalam offshore gas field. • The project …

KEY POINTS • The NSCDC has arrested two suspects over the alleged vandalism of NNPCL pipelines in Edo State. • The suspects were apprehended in Ekpoma following an intelligence-led operation …

KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has called on the Nigerian National Petroleum Company (NNPC) Limited to urgently conclude its proposed technical equity partnership with two …

KEY POINTS The Dangote Petroleum Refinery has imported two cargoes of crude oil from the United Arab Emirates (UAE), marking the first time the facility has sourced crude from the …

KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …

KEY POINTS ExxonMobil and global shipping company Wallenius Wilhelmsen have successfully completed a sea trial using a B30 biofuel blend, marking another step toward reducing greenhouse gas emissions in the …

KEY POINTS Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, NNPC, has commenced a competitive bidding process for the marketing of its newly introduced Cawthorne crude oil grade as …

KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …

KEY POINTS Nigeria’s capital market regulator, the Securities and Exchange Commission, SEC, has ordered the immediate suspension of all promotional and marketing activities relating to a purported Initial Public Offering, …