Oil & Gas

Oil prices slipped Tuesday, with Brent crude hovering near $100 a barrel, as a Group of Seven plan to release emergency reserves and a pickup in Middle East exports took …

KEY POINTS Renaissance Africa Energy Company Limited has been credited with helping Nigeria LNG Limited, NLNG, significantly improve the utilisation of its liquefied natural gas plant, with operations rising from …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has identified 22 major offshore projects that could attract fresh investment and help increase Nigeria’s oil and gas production. The projects …

KEY POINTS Nigeria’s state-owned oil company, NNPC Ltd, has revived plans to develop the Olokola Liquefied Natural Gas (OKLNG) project in Ogun State, reopening discussions on a major export terminal …

KEY POINTS ExxonMobil is seeking to unlock more value from Nigeria’s deepwater oil and gas resources through advanced technology, integrated workflows and stronger collaboration across the industry. The American energy …

KEY POINTS The Anambra State Government is planning to establish a modular refinery as part of efforts to expand liquefied petroleum gas, LPG, production and attract fresh investment into the …

KEY POINTS Chevron has agreed to acquire a 10% stake in an offshore exploration licence in Namibia’s Orange Basin from Custos Energy for $11 million, strengthening its position in one …

KEY POINTS A $16 billion oil refinery planned by Nigerian billionaire Aliko Dangote in Kenya is facing a fresh legal challenge after a consumer-rights organisation petitioned a court to halt …

KEY POINTS Libya’s state-owned National Oil Corporation, NOC, has announced that production at the Sharara oil field, the country’s largest oil-producing asset, has risen to more than 340,000 barrels per …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited spent N11.2 trillion to protect Nigeria’s oil and gas assets in 2025 on behalf of the federal government, according to its …