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Oil & Gas

Featured posts

  • In the NewsMarketsOil & Gas

    Iran Warns Oil Could Hit $200 as Attacks on Ships Shake Global Markets

    by Oluwatosin Racheal Alabi March 12, 2026
    by Oluwatosin Racheal Alabi March 12, 2026

    KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …

  • In the NewsMarketsOil & Gas

    Federal High Court Rejects Aiteo’s Objection in N122 Billion Nembe Oil Spill Case

    by Oluwatosin Racheal Alabi March 12, 2026
    by Oluwatosin Racheal Alabi March 12, 2026

    KEY POINTS A Federal High Court in Yenagoa, Bayelsa State, has dismissed a preliminary objection filed by Aiteo Group in a N122 billion lawsuit brought by the Opu Nembe Kingdom …

  • In the NewsMarketsOil & Gas

    FG Insists on Market-Based Petrol Pricing Despite Global Oil Market Volatility

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    KEY POINTS The Federal Government has reaffirmed its commitment to maintaining a market-driven pricing regime for petrol, stressing that it will not impose price controls even as escalating geopolitical tensions …

  • In the NewsMarketsOil & Gas

    Oando Signals Delay in 2025 Audited Financial Results Over Post-Acquisition Systems Integration

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    KEY POINTS Oando Plc has announced that it may be unable to publish its audited financial statements for the 2025 financial year by the March 31, 2026 regulatory deadline due …

  • In the NewsOil & Gas

    Chevron and Shell Near Major Oil Production Deals in Venezuela

    by Oluwatosin Racheal Alabi March 11, 2026
    by Oluwatosin Racheal Alabi March 11, 2026

    KEY POINTS International energy giants Chevron and Royal Dutch Shell are on the verge of finalizing their first large‑scale oil production agreements in Venezuela since a significant political transition in …

  • In the NewsMarketsOil & Gas

    Iran Threatens Middle East Oil Blockade as Trump Warns of ‘Much Harder’ U.S. Strikes

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS Iran’s Revolutionary Guards have warned that no oil will leave the Middle East if the ongoing attacks by the United States and Israel persist, escalating tensions in an …

  • In the NewsOil & Gas

    Tinubu Approves Fiscal Incentive to Unlock $20bn Bonga Southwest Aparo Deepwater Project

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS President Bola Ahmed Tinubu has approved a targeted fiscal incentive designed to unlock the long-delayed Bonga Southwest Aparo (BSWA) deepwater oil project, a strategic development expected to attract …

  • In the NewsMarketsOil & Gas

    Oil Prices Slide as Global Leaders Move to Contain Iran War Supply Shock

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS Global oil prices fell sharply as world leaders moved to reassure markets that measures are being prepared to cushion the impact of the ongoing war involving Iran on …

  • In the NewsMarketsOil & Gas

    Nigeria’s Petrol Consumption Drops to 56.9m Litres Daily as Local Refining Gains Ground

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS Nigeria’s average daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, declined to 56.9 million litres per day in February 2026, down from 60.2 million litres …

  • In the NewsOil & Gas

    Eni Strikes Major Gas Discovery at Maha-3 Well Offshore Indonesia

    by Oluwatosin Racheal Alabi March 10, 2026
    by Oluwatosin Racheal Alabi March 10, 2026

    KEY POINTS Italian energy giant Eni has recorded a significant breakthrough in its offshore exploration activities in Indonesia following the successful drilling of the Maha-3 well in the West Ganal …

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  • Iran Warns Oil Could Hit $200 as Attacks on Ships Shake Global Markets
  • NERC Gives Private Transmission Substation Operators 45 Days to Obtain Permit
  • Geregu Power Projects N8.17 Billion Profit for Q2 2026
  • Federal High Court Rejects Aiteo’s Objection in N122 Billion Nembe Oil Spill Case
  • FG Insists on Market-Based Petrol Pricing Despite Global Oil Market Volatility

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Nigeria’s Oil Boom: Record Production in September 2023

Iran Warns Oil Could Hit $200 as Attacks on Ships Shake Global Markets
NERC Gives Private Transmission Substation Operators 45 Days to Obtain Permit

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Iran Warns Oil Could Hit $200 as Attacks on...
NERC Gives Private Transmission Substation Operators 45 Days to...
Geregu Power Projects N8.17 Billion Profit for Q2 2026

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© 2025 Energy News Africa Plus. All Rights Reserved.