Oil & Gas

TotalEnergies, a global oil and gas company, has shown its commitment to developing its host communities in Nigeria by fully funding five trusts with $15 million. The trusts, known as …

The Oil Producers Trade Section (OPTS), affiliated with the Lagos Chamber of Commerce and Industry, revealed Nigeria’s outstanding $1.3 billion debt to gas producers for supplied products. They urged the …

The Senate’s recent move to reclaim the alleged N11.3 trillion spent on Turn Around Maintenance (TAM) for the nation’s defunct refineries has drawn skepticism from civil society organizations, oil and …

The oil and gas sector is welcoming a significant development in the North Sea, as the North Sea Transition Authority (NSTA) confirms the offer of 27 new exploration licenses as …

Angola, one of the world’s largest oil exporters, is set to boost its production capacity with a new offshore development in the Kwanza Basin, a region with abundant hydrocarbon resources. …

To address energy concerns, German Chancellor Olaf Scholz initiates discussions with Nigeria and other West African nations. The focus is on importing more oil and gas. Scholz, on his third …

In a significant move, AITEO, Nigeria’s leading oil producer, introduced a revolutionary oil transport method. The strategy supports President Bola Tinubu’s goal of increased oil production. Oil mogul Benedict Peters’ …

In the changing landscape of global finance, oil refiners confront a significant challenge: securing funding. With environmental concerns reshaping fiscal policies, banks worldwide are retracting their financial support for fossil …

In a stark reminder of the complexities of energy security, Ghana faces a significant setback as a gas supply shortage triggers a 550MW plunge in electricity generation, casting parts of …

Africa is undergoing a massive transformation in its energy sector, with an estimated $800 billion investment in upstream oil and gas projects over the next 20 years. According to a …