Oil & Gas

KEY POINTS Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to record a five-digit share price after closing at N10,450 per share. …

KEY POINTS Algeria has granted BP Plc a new prospecting authorisation in its eastern basin, as the country intensifies efforts to expand hydrocarbon exploration and attract international investment. The approval, …

KEY POINTS Shell Plc is in advanced discussions with Abu Dhabi National Oil Company, ADNOC, over the potential sale of its retail fuel network in South Africa, in a deal …

KEY POINTS Nigeria is set to achieve a major milestone in its energy sector as plans are underway to commence natural gas deliveries to Abuja by July 2026 through the …

KEY POINTS ExxonMobil is bracing for a noticeable decline in its oil and gas output as escalating tensions in the Middle East continue to disrupt operations across the region. The …

TotalEnergies has struck oil at the Moho license offshore Congo, combining two nearby finds into a 100 million barrel development prospect.

Former Nigerian petroleum minister Diezani Alison-Madueke took the witness stand Monday, telling a London jury she never solicited or accepted bribes.

KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …

KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, have outlined strategies to achieve Nigeria’s …