Oil & Gas

Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.

Libya, one of Africa’s largest oil producers, has resumed full production at its biggest oilfield, Al-Sharara, after a two-week shutdown due to protests by local groups. The National Oil Corporation …

Discover how Nigeria navigates economic diversification with a slight dip in non-oil exports, balanced by an increase in product diversity.

South Africa is set to launch its first gas-to-power (GtP) project, which aims to generate 2,000 MW of electricity from natural gas by 2027. However, the project faces some location …

Nigeria, Africa’s largest oil producer, has seen a significant boost in its crude oil output in December 2023, signaling improved earnings from the vital resource. According to the latest Monthly …

Shell divests its onshore oil and gas assets in Nigeria to a consortium, marking a significant change in the oil sector.

Dangote Refinery gears up for full capacity, playing a crucial role in meeting the surging global oil demand led by China.