Oil & Gas

KEY POINTS Nigeria’s two most powerful oil sector unions have come out swinging against the Federal Government’s proposal to reduce its holdings in joint venture oil assets, warning that the …

KEY POINTS TotalEnergies plan to offload part of its onshore oil business in Nigeria has collapsed after regulators pulled their approval, dealing a blow to the French major’s push to …

KEY POINTS Nigeria’s Dangote Petroleum Refinery is teaming up with some of the country’s biggest petroleum marketers to launch a free fuel delivery scheme, a move designed to slash logistics …

KEY POINTS Nigeria has launched a sweeping verification exercise of disputed and newly drilled oilfields and gas fields in the Niger Delta, a move aimed at settling long-running ownership disputes …

KEY POINTS Nigeria’s economy, long powered by non-oil sectors, saw the balance shift slightly in the second quarter of 2025 as crude oil output rebounded sharply, lifting the petroleum industry’s …

KEY POINTS Libya’s oil industry is showing faint but notable signs of momentum. The country’s state-owned National Oil Corporation, NOC, said over the weekend that crude output reached 1.39 million …

KEY POINTS A coalition of civil society groups has applauded the Dangote Refinery and Petrochemicals Company for what they describe as a “game-changing” role in easing fuel costs and shoring …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited has tapped U.S. energy technology giant Honeywell UOP to carry out a detailed evaluation of the long-idle Port Harcourt refinery, a …

KEY POINTS Nigeria’s crude oil production rose by 5.5% in August compared with the same month a year earlier, a boost that brings the country closer to its OPEC target …

KEY POINTS Chevron Mediterranean Limited and Israel Natural Gas Lines have signed a major transportation agreement to build the Nitzana export route, a new natural gas pipeline designed to expand …