Oil & Gas

Oil prices climbed over 1% as Middle East tensions and supply disruption fears kept global markets on edge, with Brent crude topping $105 a barrel.

KEY POINTS Production at Libya’s Sharara oilfield is expected to return to normal levels within the next 48 hours, according to two field engineers familiar with operations at the site. …

KEY POINTS Nigeria’s oil and gas industry recorded a notable rise in capital inflows in 2025, attracting $17.98 million compared to $5.12 million in 2024, according to the latest capital …

KEY POINTS Nigeria is set to record increased oil revenue following the export of 950,000 barrels of the newly introduced Cawthorne Blend crude by the Nigerian National Petroleum Company (NNPC) …

KEY POINTS Shell has cautioned the Australian government against introducing a windfall tax on gas exporters, warning that such a move could discourage investment and undermine the country’s long-term energy …

KEY POINTS The European and African oil markets are tightening sharply as Asian buyers increasingly compete for limited crude supplies, pushing key benchmarks and differentials to record highs ahead of …

KEY POINTS Egypt and Cyprus on Monday signed a framework agreement to expand cooperation in the natural gas sector, marking another step toward developing Cyprus’ offshore reserves and strengthening regional …

KEY POINTS Oil prices continued to rise as investors monitored the ongoing Gulf conflict, which has heightened fears of inflation and global economic slowdown. European markets and a major Wall …

KEY POINTS The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Eyesan, has reiterated her commitment to promoting gender inclusion and empowering women across Nigeria’s maritime and …

KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …