Oil & Gas

KEY POINTS Dangote Refinery has reduced its petrol gantry price by ₦35 per litre, from ₦1,250 to ₦1,215, raising expectations of lower fuel prices at filling stations across Nigeria. The …

KEY POINTS Italian energy company Eni and its partners have started drilling and completion operations for the Coral North Floating Liquefied Natural Gas (FLNG) project offshore Mozambique, marking a major …

Kazakhstan says oil is again flowing through the Atyrau-Samara pipeline to global markets after a drone attack in Russia briefly halted transit.

KEY POINTS The Nigerian National Petroleum Company (NNPC) Limited has reduced its petrol pump price by ₦10 per litre, bringing the price down from ₦1,365 to ₦1,355 as competition intensifies …

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 …