Oil & Gas

Lebanon has launched its first offshore gas exploration in the Mediterranean Sea, hoping to find a new source of energy and revenue amid its worst economic crisis in decades. The …

Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no …

Nigeria, Africa’s largest oil exporter, is facing a severe fuel shortage as the national oil company struggles to meet the demand of its 200 million citizens. The country relies heavily …

The escalating violence between Israel and Hamas has triggered a surge in oil prices, as fears of a wider regional conflict and potential disruptions to oil supply loom large. Brent …

Structural engineer and energy specialist Olatunji Ariyomo, emphasised the pressing need for Nigeria’s Federal Government to champion the development of local capacity in oil refinery construction, a move aimed at …

Exxon Mobil Corp. is close to sealing a deal to buy Pioneer Natural Resources Co., a leading shale oil producer, in what could be the biggest takeover of 2023, according …

Libya is set to build its first offshore gas platform in the Sabratha field, as part of a $217 million contract awarded to the Italian engineering and construction company Antonini …

The Nigerian National Petroleum Company Limited (NNPC) has come under fire from industry operators for awarding contracts to rehabilitate the country’s pipelines to four companies, two of which are downstream …

Century Energy Services Ltd (CESL) has achieved a notable milestone in Nigeria’s energy sector by successfully mooring a Floating Storage and Offloading (FSO) unit offshore Bonny, designed to hold an …

With Africa rich in oil and gas, it’s alarming that nearly 500 million people, or one-third of the continent, lack electricity access. To end this energy poverty, investments in Africa …