Oil & Gas

KEY POINTS Global oil markets tightened sharply after Donald Trump vowed to intensify attacks on Iran, sending prices for near-term crude deliveries to record premiums over later contracts. Traders rushed …

KEY POINTS Officials of the Dangote Petroleum Refinery have denied reports that the Nigerian National Petroleum Company Limited allocated seven crude oil cargoes to the facility for May, stating that …

KEY POINTS Adeleye Falade has officially assumed office as Managing Director and Chief Executive Officer of Nigeria LNG Limited, taking over leadership of the company at its corporate headquarters in …

KEY POINTS TotalEnergies is awaiting a court judgment on whether it can proceed with its planned exploration drilling in the Orange Basin offshore South Africa, following the conclusion of a …

Senegal’s energy minister visited Abuja this week to lock in oil, gas and refining cooperation deals with Nigeria

The U.S. is pushing deeper energy deals across the Caribbean, with Suriname’s emerging offshore oil sector firmly in Washington’s sights

KEY POINTS Abu Dhabi-based investment holding group 2PointZero announced that its subsidiary ePointZero will acquire all equity interests in US natural gas infrastructure company Traverse Midstream Partners for $2.25 billion. …

Turkey’s Cagri Bey drillship has reached Somalia’s Curad-1 offshore well, marking the country’s first active oil exploration and triggering transparency demands

India is turning to Nigeria as a strategic energy partner as Strait of Hormuz disruptions from the US-Israel-Iran conflict reshape global supply routes

KEY POINTS Microsoft, Chevron and investment firm Engine No. 1 have entered into an exclusivity agreement to develop power generation and supply projects, as technology companies scramble to secure electricity …