Oil & Gas

KEY POINTS Nigeria LNG Limited, NLNG, says it is supplying 100 per cent of its liquefied petroleum gas (LPG), also known as cooking gas, to the Nigerian market. The company …

KEY POINTS The Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by ₦75 per litre, raising it from ₦1,200 to ₦1,275 per litre in a move …

KEY POINTS Libya has taken a significant step toward expanding its energy sector after its state-owned National Oil Corporation (NOC) signed a preliminary agreement with U.S. energy giant Chevron. The …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has increased the official selling prices of all 37 Nigerian crude oil grades for May-loading cargoes, capitalising on rising global oil …

KEY POINTS Uganda has announced plans to launch a fresh oil exploration licensing round in the 2026/2027 financial year, as the country prepares to begin commercial crude production later this …

KEY POINTS The first liquefied natural gas, LNG, tanker has successfully crossed the Strait of Hormuz since tensions escalated in late February, signaling a possible easing of disruptions to global …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has recorded its strongest crude oil trading performance in five years, reaching about 1.171 million barrels per day (mbpd) under the …

KEY POINTS Global natural gas markets are facing renewed pressure as escalating tensions in the Middle East threaten the stability of liquefied natural gas, LNG, supply chains, raising concerns over …

KEY POINTS Nigeria’s leading industrialist Aliko Dangote has held high-level talks with the Saudi Arabian ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, as both sides move to deepen economic and …

KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …