Oil & Gas

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, is stepping up talks with investors as it prepares to deliver its first gas through a key section of the …

KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …

KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …

KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …

KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has disclosed that Nigeria needs about 22 billion dollars in fresh investment to complete its planned gas pipeline network, warning that …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to institutional transparency with a pledge to fully digitise internal communications within 60 days, a move the …

KEY POINTS Africa’s foremost industrialist, Aliko Dangote, has unveiled plans for Dangote Refinery to supply up to 65 million litres of petrol daily within Nigeria while exporting an additional 15 …