Oil & Gas

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 …

KEY POINTS Elektron Finance SPV Plc, the financing arm of Nigeria’s Elektron Energy Development Strategies, is stepping into the debt market with a bold N200 billion bond programme, betting big …

KEY POINTS Through a new joint venture, Fusion Fuel Green PLC, a small-cap clean energy company listed on the Nasdaq, is attempting to enter the specialized fuels market in South …

KEY POINTS With the signing of a significant LNG contract with Indian Oil Corp., Trafigura has made a new move into one of Asia’s fastest-growing gas markets. The Singapore-based company …

KEY POINTS Nigeria’s flagship Bonny Light crude ended Friday just shy of $69 a barrel, barely snapping a six-day losing streak, as global markets weighed the possibility of a U.S.-brokered …