Oil & Gas

KEY POINTS Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to grapple with …

KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …

KEY POINTS The National Information Technology Development Agency, NITDA, and the Nigerian National Petroleum Corporation (NNPC) have strengthened their partnership to accelerate digital transformation across Nigeria’s energy sector. The renewed …

KEY POINTS The Airline Operators of Nigeria (AON) has raised alarm over a dramatic spike in the cost of Jet A1 fuel, which surged from ₦900 per litre in late …

KEY POINTS The Federal Government has praised ExxonMobil Nigeria for investing over $3.5 billion in the country’s oil and gas sector, describing the move as a strong signal of renewed …

KEY POINTS Global oil prices rose by more than 1% on Thursday, recovering from earlier losses as traders grew increasingly doubtful that ongoing diplomatic efforts between the United States and …

KEY POINTS African energy stakeholders are mobilising an estimated $120 billion to construct six large-scale refineries comparable to the Dangote Petroleum Refinery, in a bold move to shield the continent …

KEY POINTS Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to record a five-digit share price after closing at N10,450 per share. …

KEY POINTS Algeria has granted BP Plc a new prospecting authorisation in its eastern basin, as the country intensifies efforts to expand hydrocarbon exploration and attract international investment. The approval, …

KEY POINTS Shell Plc is in advanced discussions with Abu Dhabi National Oil Company, ADNOC, over the potential sale of its retail fuel network in South Africa, in a deal …