Oil & Gas

KEY POINTS “As reforms and leadership changes start to reposition the industry for global financing, Nigeria’s oil and gas sector is entering a new phase of confidence,” said Tony Attah, …

KEY POINTS In a daring gamble on Africa’s upstream potential, Heirs Energies Ltd. plans to double crude production in the next five years as independent producers on the continent take …

KEY POINTS In a move that could transform the North African country’s energy landscape and increase its export power, Algeria is nearing agreements with Exxon Mobil Corp. and Chevron Corp. …

KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …

KEY POINTS After reversing billions of naira in previous asset impairments, Oando Plc managed to turn a small profit in the first half of 2025, concealing severe operational losses and …

KEY POINTS As the government works to regain investor confidence by aggressively repaying arrears owed to foreign energy partners, Egypt plans to increase natural gas production by more than half …

KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …

KEY POINTS According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s daily fuel consumption fell precipitously in June, with overall supply levels reaching one …

KEY POINTS Nominations for Angola’s premier oil and gas event, AOG, which aims to highlight the businesses, people, and innovations influencing the nation’s most significant economic sector, have officially opened …

KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …