Oil & Gas

Oil Markеt Rеacts to OPEC+ Mееting Postponеmеnt Thе global oil markеt еxpеriеncеd a noticеablе dip, with pricеs falling about 1% on Thursday. This downturn is attributеd to thе anticipation that …

Nigeria has faced a significant setback in its crude oil production, failing to meet its Organisation of Petroleum Exporting Countries (OPEC) quota and resulting in an estimated loss of $13.5 …

Uganda has defended its controversial oil pipeline project, saying it will use cutting-edge technology to ensure safety and environmental protection. However, the project has faced fierce opposition from activists and …

Shell’s SCiN and staff received numerous accolades at NAPE’s 41st annual conference

South Africa is facing a looming gas crisis that could trigger the country’s next economic meltdown, according to the Energy Council of South Africa (ECSA), an industry body that represents …

Oando Plc, Nigeria’s leading indigenous energy firm, has recently partnered with Afreximbank to facilitate a major acquisition. They signed an $800 million loan agreement to fully acquire the Nigerian Agip …

The International Energy Agency (IEA) has released its latest oil market report, forecasting a strong recovery in global oil demand in the next two years. According to the IEA, oil …

In Lagos, at the 41st annual international conference of the Nigerian Association of Petroleum Explorationists, the Nigerian National Petroleum Company Limited’s (NNPCL) Managing Director, Mele Kyari, raised concerns over the …

Nigeria, Africa’s largest oil producer, is losing billions of dollars in gas royalties and penalties due to its persistent gas flaring problem, according to a recent report by the Nigerian …

NNPC Ltd successfully mediated between PENGASSAN and TotalEnergies, leading to the restoration of 275,000 barrels of oil per day production.