Oil & Gas

KEY POINTS President Bola Tinubu’s approval to gazette targeted, investment-linked incentives for Shell’s Bonga South-West (BSW) deep-offshore oil project has generated strong interest across Nigeria’s energy industry, even as key …

KEY POINTS Dangote Refinery has cautioned that petrol prices in Nigeria could rise close to N1,000 per litre if fuel marketers rely heavily on coastal shipping for product evacuation and …

KEY POINTS A group of Nigerian downstream oil marketers has petitioned the Federal Competition and Consumer Protection Commission, FCCPC, seeking an investigation into what they describe as anti-competitive and market-distorting …

KEY POINTS Oil Merchant, Chevron Corporation has announced plans to advance a significant natural gas development following the signing of a unitisation agreement that allows for coordinated exploitation of shared …

KEY POINTS Dangote Petroleum Refinery & Petrochemicals (DPRP) has strongly refuted reports suggesting that it imports finished petroleum products, describing the claims as false, misleading, and rooted in a fundamental …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has shut down its state-owned refineries following an internal review that revealed the facilities were incurring “monumental losses” and destroying value …

KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …

KEY POINTS Officials from the Equatorial Guinea government and representatives of major oil companies, including Chevron, signed a pivotal gas development agreement in the capital, Malabo, on 30 January 2026. …

KEY POINTS Three subsidiaries of the Dangote Group; Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc,announced on Monday that they had signed strengthened gas supply contracts with units …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is intensifying efforts to unlock Nigeria’s numerous stranded gas fields, aiming to expand the country’s gas reserves and boost energy security. …