Oil & Gas

Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

Gabon secures a strategic victory by acquiring a 75% stake in Assala Energy, demonstrating its commitment to enhancing national sovereignty and boosting the country’s oil sector revenue.

Eni and TotalEnergies have announced a major success in their exploration activities in Block 6 offshore Cyprus, where they have made a significant gas discovery at the Cronos-2 well. The …

Galp Energia, a Portuguese energy company, has announced a significant oil discovery in the Orange Basin, offshore Namibia. The company said the Mopane-1X well encountered two large oil columns in …

Governor AbdulRazaq reveals Nigeria’s oil revenue for the next six months is pre-sold, urging citizens to support government efforts during economic adjustments.

The NNPCL spends heavily on security amid rising challenges, putting Nigeria’s oil production and sector profitability at risk.

Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have announced a final investment decision to build a dedicated facility for gas supply to Dangote Fertiliser …

Ghana’s second refinery, a project that aims to reduce the country’s dependence on imported petroleum products and boost its local economy, has begun operations in Tema.

STOAN Chair, Princess Haastrup, champions Nigeria’s maritime industry as the next economic frontier, capable of surpassing oil revenue with adequate support.

NNPC Ltd is looking to attract foreign direct investment from South Korea for its gas projects, as part of its efforts to boost the country’s gas sector and reduce its …