Oil & Gas

Brent fell about 1.6% to near $104 a barrel as Hormuz shipping attacks clashed with a US plan to ease sanctions on oil vessels.

KEY POINTS Nigeria’s crude oil production rose to 1.72 million barrels per day in September 2026, marking the fifth consecutive month the country met its OPEC production quota, according to …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has extended its initial public offering, IPO, by two weeks to give more investors in Nigeria and across Africa an opportunity to participate …

KEY POINTS The Coalition of Citizens Groups for Good Governance has welcomed the Federal Government’s planned 30-day petrol discount at Nigerian National Petroleum Company Limited (NNPC) stations, describing it as …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned oil and gas companies holding undeveloped assets that they risk losing their licences if they fail to meet their …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has approved 128 oil wells for drilling and the re-entry of 77 existing wells in 2026 as part of efforts to …

KEY POINTS The Federal Government’s 30-day petrol discount initiative at Nigerian National Petroleum Company Limited, NNPC Ltd, retail stations has recorded a slow start across the country, with prices falling …

KEY POINTS Helmerich & Payne (H&P) and ExxonMobil are expanding the use of robotic technology in drilling operations, as the companies seek to improve workplace safety, operational efficiency and consistency …

KEY POINTS SLB, a global energy technology company, has secured a 15-year agreement with TotalEnergies to deploy digital drilling planning and engineering solutions across the French energy company’s global upstream …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has sealed two filling stations in Port Harcourt, Rivers State, for dispensing less fuel than motorists paid for during …