Oil & Gas

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 …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has called on the World Bank to support efforts to mobilise about $22 billion to bridge Nigeria’s gas infrastructure …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has raised crude oil allocations to the Dangote Petroleum Refinery and Petrochemicals, scheduling seven cargoes for May loading. This is an …

Oil prices climbed over 1% as Middle East tensions and supply disruption fears kept global markets on edge, with Brent crude topping $105 a barrel.

KEY POINTS Production at Libya’s Sharara oilfield is expected to return to normal levels within the next 48 hours, according to two field engineers familiar with operations at the site. …

KEY POINTS Nigeria’s oil and gas industry recorded a notable rise in capital inflows in 2025, attracting $17.98 million compared to $5.12 million in 2024, according to the latest capital …

KEY POINTS Nigeria is set to record increased oil revenue following the export of 950,000 barrels of the newly introduced Cawthorne Blend crude by the Nigerian National Petroleum Company (NNPC) …