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Oil & Gas

Featured posts

  • Energy TransitionOil & Gas

    Libya Prepares to Host Major Energy Summit in 2026 as Oil Production Targets Double

    by Adedotun Oyeniyi April 17, 2025
    by Adedotun Oyeniyi April 17, 2025

    KEY POINTS Tripoli will host the fourth edition of the Libyan Energy & Economic Summit (LEES) from January 24 to 26, 2026, marking the first time the event will span …

  • Oil & Gas

    Khalda Petroleum and Apache Announce New Oil and Gas Discoveries in Egypt’s Western Desert

    by Adedotun Oyeniyi April 15, 2025
    by Adedotun Oyeniyi April 15, 2025

    KEY POINTS Khalda Petroleum, in partnership with Apache, has discovered three new oil and gas fields in Egypt’s Western Desert, expected to add 12 million barrels of oil equivalent to …

  • Oil & Gas

    Libya Announces Major Gas Expansion With Offshore Drilling Project

    by Adedotun Oyeniyi April 10, 2025
    by Adedotun Oyeniyi April 10, 2025

    KEY POINTS Libya’s energy sector is poised for significant growth as Mellitah Oil and Gas Company, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, revealed plans to …

  • In the NewsMarketsOil & Gas

    Shell Lowers First-Quarter LNG Production Forecast Due to Weather

    by Ikeoluwa Juliana Ogungbangbe April 8, 2025
    by Ikeoluwa Juliana Ogungbangbe April 8, 2025

    Shell lowers its LNG production forecast for the first quarter due to cyclones and unplanned maintenance, expecting output between 6.4-6.8 million tons

  • In the NewsMarketsOil & Gas

    Oil Prices Plunge 6% After Tariff Hikes, OPEC+ Supply Boost

    by Ikeoluwa Juliana Ogungbangbe April 4, 2025
    by Ikeoluwa Juliana Ogungbangbe April 4, 2025

    Oil prices drop 6% following new tariffs and OPEC+ output increase, marking the steepest decline since 2022

  • Oil & Gas

    Libya’s Oil Corporation Faces Payment Crisis as Barter System Collapses

    by Adedotun Oyeniyi April 3, 2025
    by Adedotun Oyeniyi April 3, 2025

    KEY POINTS The Libyan National Oil Corporation (NOC) is grappling with mounting financial pressures as the country’s decades-old barter system for oil imports comes to an abrupt halt. North Africa …

  • In the NewsOil & Gas

    Oil Prices Dip as Trump Tariffs Loom Over Global Market

    by Ikeoluwa Juliana Ogungbangbe April 2, 2025
    by Ikeoluwa Juliana Ogungbangbe April 2, 2025

    Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply

  • In the NewsMarketsOil & Gas

    Explosion at Russian Oil Refinery Kills One, Injures Three

    by Ikeoluwa Juliana Ogungbangbe March 17, 2025
    by Ikeoluwa Juliana Ogungbangbe March 17, 2025

    A Ryazan oil refinery explosion killed one worker and injured three during maintenance. Authorities are investigating the incident’s cause and impact

  • AnalysisIn the NewsOil & Gas

    BP to Boost U.S. Natural Gas Production Amid Rising Prices

    by Ikeoluwa Juliana Ogungbangbe March 12, 2025
    by Ikeoluwa Juliana Ogungbangbe March 12, 2025

    BP plans to increase U.S. natural gas production in shale basins, focusing on Haynesville and new projects in the Gulf of Mexico

  • GovernmentIn the NewsOil & Gas

    Enbridge Expands Mainline Network Amid New U.S. Crude Tariffs

    by Ikeoluwa Juliana Ogungbangbe March 5, 2025
    by Ikeoluwa Juliana Ogungbangbe March 5, 2025

    Enbridge pipeline expansion moves ahead despite new U.S. crude oil tariffs. The company is investing $2 billion in Mainline while targeting long-term energy growth

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Nigeria’s Oil Boom: Record Production in September 2023

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Nigeria’s Oil Revenue Collapses by N18.6 Trillion
President Tinubu Appoints Olalekan Oseni as New NERC Chairman
Oil Heads for Second Weekly Loss as Swelling Supply...

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