Oil & Gas

KEY POINTS TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 licence, strengthening its position in the country’s emerging oil industry and giving the French energy …

KEY POINTS BP Plc has agreed to sell partial interests in two major offshore exploration opportunities to Shell Plc, deepening cooperation between the two energy giants while allowing BP to …

KEY POINTS The Initial Public Offering, IPO, of the Dangote Petroleum Refinery is expected to open within the next 10 to 12 days, marking a major step towards broadening ownership …

KEY POINTS A leadership crisis has erupted within the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, branch covering NNPC Trading Limited (NTL) and NNPC Shipping and Logistics …

KEY POINTS Oando Energy Resources, the upstream subsidiary of Oando PLC, has called for stronger collaboration among governments, regulators, oil and gas companies and host communities to unlock investment and …

KEY POINTS Seplat Energy has unveiled an ambitious four- to five-year growth strategy aimed at increasing its oil production to 500,000 barrels per day and returning $1 billion in dividends …

KEY POINTS Dangote’s upstream subsidiary, West African Exploration and Production, WAEP, is preparing to launch a major drilling campaign that could cost as much as $800 million as the group …

KEY POINTS Italian energy company Eni has signed a new agreement with Venezuela’s state-owned oil company, PDVSA, to take operatorship of the Junin 5 oil field in the country’s Orinoco …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, recorded a significant decline in revenue in July 2026 as lower crude oil production and operational disruptions affected its financial performance. …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, remitted N7.913 trillion in statutory payments to the Federation Account between January and July 2026, even as disruptions across several …