Oil & Gas

Nigeria is weighing debt waivers and tax relief for airlines after Jet A1 fuel prices tripled, sparking shutdown threats from domestic operators this month.

KEY POINTS Saipem has secured a $150 million contract from ExxonMobil Guyana to kick off early-stage work on the Longtail offshore development. The limited notice to proceed allows the company …

KEY POINTS The Managing Director/CEO of Aradel Holdings Plc, Gbite Falade, has revealed the company’s ambition to contribute to Nigeria’s oil production target by reaching 2 million barrels per day …

KEY POINTS Dangote Group is accelerating its diversification into high-value petrochemicals, with its refinery in Lekki, Lagos set to commence large-scale production of key industrial chemicals used in plastics and …

KEY POINTS Sahara Group has positioned liquefied petroleum gas, LPG, as the most practical and immediate solution to Africa’s energy access challenges, amid rising global supply disruptions and infrastructure gaps. …

KEY POINTS Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …

KEY POINTS Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to grapple with …

KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …

KEY POINTS The National Information Technology Development Agency, NITDA, and the Nigerian National Petroleum Corporation (NNPC) have strengthened their partnership to accelerate digital transformation across Nigeria’s energy sector. The renewed …

KEY POINTS The Airline Operators of Nigeria (AON) has raised alarm over a dramatic spike in the cost of Jet A1 fuel, which surged from ₦900 per litre in late …