Oil & Gas

Nigeria’s fuel refining capacity increases as the Port Harcourt Refinery resumes operations, marking a significant achievement for the nation’s energy future.

QatarEnergy boosts stakes in Namibia’s Orange Basin blocks, advancing development of the Venus oil discovery alongside TotalEnergies.

West Africa’s offshore oil industry balances growth, technology, and sustainability amid global energy shifts and governance challenges.

Eni celebrates launching Nguya FLNG hull, boosting Congo LNG’s capacity to 3 mtpa while achieving 40 million safe hours.

Nigeria’s oil production dropped 0.39% in October, with conflicting figures from NUPRC and the government highlighting the need for transparency.

Egypt revises LNG import plans amid lower domestic demand, adjusting shipments to optimize energy use and reduce costs.

Eni’s Nguya FLNG launch triples Congo’s LNG capacity, driving energy exports and bolstering the nation’s global energy market role

Nigeria’s naira-based crude oil pricing plan falters as supply shortfalls hinder refineries, including Dangote Oil Refinery.

Kainji and Jebba power plants recorded N30 billion losses due to grid failures, damaging infrastructure and reducing Nigeria’s power reliability

Oil prices jumped nearly 2% on Thursday as rising tensions between Russia and Ukraine spurred concerns about global crude supply disruptions