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Oil & Gas

Featured posts

  • In the NewsOil & Gas

    Africa’s Energy Future: Nigeria and Morocco Accelerate $30bn Gas Pipeline Project

    by Motoni Olodun January 26, 2024
    by Motoni Olodun January 26, 2024

    Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …

  • MarketsOil & Gas

    How Russia’s Cheap Crude Oil Is Fueling Asia and Africa’s Energy Demand

    by Motoni Olodun January 25, 2024
    by Motoni Olodun January 25, 2024

    Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

  • In the NewsOil & Gas

    Tullow Oil Set to Generate $600 Million Free Cash Flow, Boosting Shares by 8%

    by Ikeoluwa Juliana Ogungbangbe January 25, 2024
    by Ikeoluwa Juliana Ogungbangbe January 25, 2024

    Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.

  • Oil & Gas

    Chevron Seeks to Boost Nigeria’s Oil and Gas Potential in Meeting with President Tinubu

    by Motoni Olodun January 24, 2024
    by Motoni Olodun January 24, 2024

    Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

  • Oil & Gas

    Nigeria Misses 2023 OPEC Oil Targets, Faces Major Production Deficit

    by Adenike Adeodun January 23, 2024
    by Adenike Adeodun January 23, 2024

    Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.

  • In the NewsOil & Gas

    Libya’s Oil Output Surges as Al-Sharara Field Reopens

    by Motoni Olodun January 22, 2024
    by Motoni Olodun January 22, 2024

    Libya, one of Africa’s largest oil producers, has resumed full production at its biggest oilfield, Al-Sharara, after a two-week shutdown due to protests by local groups. The National Oil Corporation …

  • Oil & Gas

    Nigeria’s Non-Oil Exports Dip to $4.5 Billion in 2023

    by Oluwatosin Racheal Alabi January 21, 2024
    by Oluwatosin Racheal Alabi January 21, 2024

    Discover how Nigeria navigates economic diversification with a slight dip in non-oil exports, balanced by an increase in product diversity.

  • Oil & Gas

    South Africa’s First Gas-to-Power Project Faces Location Constraints

    by Motoni Olodun January 19, 2024
    by Motoni Olodun January 19, 2024

    South Africa is set to launch its first gas-to-power (GtP) project, which aims to generate 2,000 MW of electricity from natural gas by 2027. However, the project faces some location …

  • Oil & Gas

    Nigeria’s Oil Boom Continues as Production Surges to 1.34 Million BPD

    by Motoni Olodun January 18, 2024
    by Motoni Olodun January 18, 2024

    Nigeria, Africa’s largest oil producer, has seen a significant boost in its crude oil output in December 2023, signaling improved earnings from the vital resource. According to the latest Monthly …

  • In the NewsOil & Gas

    Shell Sells $1.2 Billion Onshore Assets to Renaissance Consortium

    by Adenike Adeodun January 17, 2024
    by Adenike Adeodun January 17, 2024

    Shell divests its onshore oil and gas assets in Nigeria to a consortium, marking a significant change in the oil sector.

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Nigeria’s Oil Boom: Record Production in September 2023

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Eskom Rolls Out Electric Vehicle Fleet in Push for Greener Transport

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