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Oil & Gas

Featured posts

  • Oil & Gas

    Cyprus Gas Discovery: Eni and TotalEnergies Achieve Breakthrough in Block 6

    by Motoni Olodun February 16, 2024
    by Motoni Olodun February 16, 2024

    Eni and TotalEnergies have announced a major success in their exploration activities in Block 6 offshore Cyprus, where they have made a significant gas discovery at the Cronos-2 well. The …

  • Oil & Gas

    Galp’s Namibian Oil Discovery Could Power a Sustainable Future

    by Motoni Olodun February 13, 2024
    by Motoni Olodun February 13, 2024

    Galp Energia, a Portuguese energy company, has announced a significant oil discovery in the Orange Basin, offshore Namibia. The company said the Mopane-1X well encountered two large oil columns in …

  • Energy TransitionOil & Gas

    Nigeria Faces Forward Sale Oil Revenue Challenge

    by Oluwatosin Racheal Alabi February 9, 2024
    by Oluwatosin Racheal Alabi February 9, 2024

    Governor AbdulRazaq reveals Nigeria’s oil revenue for the next six months is pre-sold, urging citizens to support government efforts during economic adjustments.

  • In the NewsOil & Gas

    NNPC Spends N268B on Security Amid Oil Production Challenges

    by Adenike Adeodun February 8, 2024
    by Adenike Adeodun February 8, 2024

    The NNPCL spends heavily on security amid rising challenges, putting Nigeria’s oil production and sector profitability at risk.

  • Oil & Gas

    Dangote’s Fertiliser Plant to Receive Gas from Shell for a Decade

    by Motoni Olodun February 5, 2024
    by Motoni Olodun February 5, 2024

    Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have announced a final investment decision to build a dedicated facility for gas supply to Dangote Fertiliser …

  • Oil & Gas

    Ghana’s Second Refinery Begins Operations, Boosts Local Economy Refining

    by Motoni Olodun February 1, 2024
    by Motoni Olodun February 1, 2024

    Ghana’s second refinery, a project that aims to reduce the country’s dependence on imported petroleum products and boost its local economy, has begun operations in Tema.

  • In the NewsOil & Gas

    Maritime Sector’s Potential to Eclipse Oil Revenue

    by Oluwatosin Racheal Alabi January 31, 2024
    by Oluwatosin Racheal Alabi January 31, 2024

    STOAN Chair, Princess Haastrup, champions Nigeria’s maritime industry as the next economic frontier, capable of surpassing oil revenue with adequate support.

  • Oil & Gas

    NNPC Seeks South Korean Partnership for Gas Development

    by Motoni Olodun January 31, 2024
    by Motoni Olodun January 31, 2024

    NNPC Ltd is looking to attract foreign direct investment from South Korea for its gas projects, as part of its efforts to boost the country’s gas sector and reduce its …

  • Oil & Gas

    Dangote Refinery Breaks New Ground with US Crude Oil Purchase

    by Motoni Olodun January 30, 2024
    by Motoni Olodun January 30, 2024

    Nigeria’s Dangote refinery, the largest in Africa, has made history by importing crude oil from the US for the first time. The refinery is seen as a game-changer for Nigeria’s …

  • GovernmentOil & Gas

    Uganda Ditches Kenya for Tanzania in Oil Trade Row

    by Motoni Olodun January 29, 2024
    by Motoni Olodun January 29, 2024

    Uganda has decided to import its oil through Tanzania instead of Kenya, following a long-standing dispute over a government-to-government fuel deal. The move could cost Kenya millions of dollars in …

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