Oil & Gas

KEY POINTS Motorists across Nigeria are facing another surge in petrol prices after the Nigerian National Petroleum Company Limited, NNPC, increased pump prices at its retail outlets. The national oil …

KEY POINTS Nigeria can unlock large scale industrial growth through its vast natural gas reserves if it fixes long standing problems around regulation, pricing and infrastructure, a senior Shell executive …

KEY POINTS Oando Energy Resources has reaffirmed its commitment to Nigeria’s indigenous upstream oil and gas sector, following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers …

KEY POINTS • Iraq has sharply cut oil production because the Strait of Hormuz closure has stopped exports and tankers from reaching ports.• Major oilfields including Rumaila, West Qurna 2 …

KEY POINTS MRS Oil Nigeria Plc announced a sharp increase in petrol prices at its retail outlets, raising the cost of Premium Motor Spirit to nearly N975 per litre. The …

KEY POINTS The International Monetary Fund, IMF, said Tuesday it is closely monitoring the unfolding turmoil in the Middle East, pointing to disruptions in trade, rising energy prices and growing …

KEY POINTS Oil marketers in Nigeria, PETROAN, are raising fresh concerns that the escalating military confrontation involving the United States, Iran and Israel could soon hit home in the form …

KEY POINTS The shutdown of Leviathan, Israel’s largest offshore gas field, marks the second time in less than a year that fighting with Iran has knocked out a critical artery …

KEY POINTS Zambia has been talking about these pipelines for years. Now President Hakainde Hichilema‘s government has finally pulled the trigger on both of them. Cabinet has approved construction of …

KEY POINTS Global energy markets were thrown into fresh turmoil on Monday after QatarEnergy announced it had stopped producing liquefied natural gas (LNG) following drone attacks linked to Iran. The …