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Oil & Gas

Featured posts

  • In the NewsMarketsOil & Gas

    OPEC Approves Higher Oil Output Amid Rising Gulf Tensions

    by Oluwatosin Racheal Alabi March 2, 2026
    by Oluwatosin Racheal Alabi March 2, 2026

    KEY POINTS OPEC, the coalition of major oil-producing nations including Saudi Arabia and Russia, has agreed to raise oil production by 547,000 barrels per day starting September 2026. This decision …

  • In the NewsOil & Gas

    Niger Delta Communities Ask Governors for Share of Oil Funds as New Trusts Take Off

    by Ikeoluwa Juliana Ogungbangbe March 2, 2026
    by Ikeoluwa Juliana Ogungbangbe March 2, 2026

    KEY POINTS Oil-producing communities in the Niger Delta have renewed calls for state governors to release part of the 13 percent oil derivation allocation directly to them, saying the funds …

  • In the NewsOil & Gas

    Investors Eye Northern Boom as NNPC Pushes July 2026 Gas Launch from AKK Pipeline

    by Ikeoluwa Juliana Ogungbangbe March 2, 2026
    by Ikeoluwa Juliana Ogungbangbe March 2, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, is stepping up talks with investors as it prepares to deliver its first gas through a key section of the …

  • Energy TransitionIn the NewsOil & Gas

    Power Outages Worsen as Gas Shortage Cuts Nigeria’s Electricity Supply

    by Ikeoluwa Juliana Ogungbangbe February 28, 2026
    by Ikeoluwa Juliana Ogungbangbe February 28, 2026

    KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …

  • In the NewsOil & Gas

    Petrol Prices Fall Again to ₦1,034 Per Litre in Nigeria

    by Ikeoluwa Juliana Ogungbangbe February 28, 2026
    by Ikeoluwa Juliana Ogungbangbe February 28, 2026

    KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

  • In the NewsMarketsOil & Gas

    Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

  • In the NewsOil & Gas

    FG Launches National Gas Infrastructure Command Centre to Boost Transparency and Gas Production

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …

  • In the NewsMarketsOil & Gas

    Nigerian Crude Holds Above Budget Benchmark Despite Market Tensions

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …

  • In the NewsOil & Gas

    Mozambique Emerges as LNG Powerhouse With $50 Billion Megaproject Revival

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …

  • In the NewsOil & Gas

    NNPC Says $22bn Needed to Finish Nigeria Gas Pipelines

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has disclosed that Nigeria needs about 22 billion dollars in fresh investment to complete its planned gas pipeline network, warning that …

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Nigeria’s Oil Boom: Record Production in September 2023

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Eskom, Regulator Pause Court Battle to Shape New Power...
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© 2025 Energy News Africa Plus. All Rights Reserved.