Oil & Gas

The Dangote Refinery, Africa’s largest oil refinery with a capacity of 650,000 barrels per day, is set to receive crude oil from the Nigerian National Petroleum Company Limited (NNPCL) in …

Oil prices experienced a boost in tandem with the broader financial markets following a signal from the Federal Reserve suggesting that an imminent interest rate hike might not be in …

Nigeria is putting more capital into its midstream gas sector to close the critical infrastructure gap that hinders its economic growth, according to the Special Adviser to President Tinubu on …

TotalEnergies, a global oil and gas company, has shown its commitment to developing its host communities in Nigeria by fully funding five trusts with $15 million. The trusts, known as …

The Oil Producers Trade Section (OPTS), affiliated with the Lagos Chamber of Commerce and Industry, revealed Nigeria’s outstanding $1.3 billion debt to gas producers for supplied products. They urged the …

The Senate’s recent move to reclaim the alleged N11.3 trillion spent on Turn Around Maintenance (TAM) for the nation’s defunct refineries has drawn skepticism from civil society organizations, oil and …

The oil and gas sector is welcoming a significant development in the North Sea, as the North Sea Transition Authority (NSTA) confirms the offer of 27 new exploration licenses as …

Angola, one of the world’s largest oil exporters, is set to boost its production capacity with a new offshore development in the Kwanza Basin, a region with abundant hydrocarbon resources. …

To address energy concerns, German Chancellor Olaf Scholz initiates discussions with Nigeria and other West African nations. The focus is on importing more oil and gas. Scholz, on his third …

In a significant move, AITEO, Nigeria’s leading oil producer, introduced a revolutionary oil transport method. The strategy supports President Bola Tinubu’s goal of increased oil production. Oil mogul Benedict Peters’ …