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Oil & Gas

Featured posts

  • In the NewsMarketsOil & Gas

    Brent Crude Slides 6% in October as US-China Tensions and Rate Expectations Weigh on Oil

    by Oluwatosin Racheal Alabi October 14, 2025
    by Oluwatosin Racheal Alabi October 14, 2025

    KEY POINTS Global oil markets are under renewed pressure as Brent crude prices dropped more than 6% in October, slipping toward $62 a barrel and struggling to hold above the …

  • Energy TransitionIn the NewsOil & Gas

    Eni Targets 2026 Launch for Petronas Gas Venture as LNG Expansion Gathers Pace

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Italian energy giant Eni is gearing up to kick off its joint gas venture with Malaysia’s state-owned Petronas by 2026, marking another milestone in its strategy to expand …

  • MarketsOil & Gas

    Nigerian Crude Holds Steady at $67 as Trade Optimism Lifts Global Oil Markets

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Nigeria’s Bonny Light crude held firm around $67 a barrel on Monday as a wave of renewed optimism swept through global oil markets, driven by hopes that the …

  • In the NewsMarketsOil & Gas

    NNPC Raises Petrol Price to N992 in Lagos as Nigerians Brace for Tougher Times

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Nigeria’s state-owned oil company, the Nigerian National Petroleum Company, NNPC, has raised the pump price of petrol to N992 per litre in Lagos, up from N865, marking yet …

  • Energy TransitionIn the NewsOil & Gas

    Cooking Gas Prices Surge Across Nigeria as Shortages Deepen

    by Oluwatosin Racheal Alabi October 12, 2025
    by Oluwatosin Racheal Alabi October 12, 2025

    KEY POINTS Prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have continued their sharp climb across Nigeria, driven by tightening supply and opportunistic market practices. Reports indicate …

  • In the NewsOil & Gas

    Nigeria Bans Oil Union From Striking at Dangote Refinery Citing Free Trade Zone Rules

    by Oluwatosin Racheal Alabi October 10, 2025
    by Oluwatosin Racheal Alabi October 10, 2025

    KEY POINTS The Nigerian government has barred the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, from launching strikes against the Dangote Refinery, declaring that such actions violate …

  • MarketsOil & Gas

    Nigerian Oil and Gas Stocks Rally as NGX Index Nears 2,700 Benchmark on Investor Optimism

    by Oluwatosin Racheal Alabi October 10, 2025
    by Oluwatosin Racheal Alabi October 10, 2025

    KEY POINTS The Nigerian oil and gas sector is enjoying a strong rebound this month, as renewed investor confidence and firm price action in a handful of key stocks lift …

  • In the NewsOil & Gas

    US Clears Shell and Trinidad to Revive Venezuela’s Offshore Dragon Gas Project

    by Oluwatosin Racheal Alabi October 10, 2025
    by Oluwatosin Racheal Alabi October 10, 2025

    KEY POINTS The United States has granted approval for Shell and the government of Trinidad and Tobago to jointly advance development of the long-stalled Dragon offshore gas field in Venezuelan …

  • Energy TransitionIn the NewsOil & Gas

    NLNG Urges Africa to Take Charge of Its Energy Destiny

    by Oluwatosin Racheal Alabi October 9, 2025
    by Oluwatosin Racheal Alabi October 9, 2025

    KEY POINTS Nigeria LNG Limited, NLNG, has urged African countries to seize control of their collective energy future by becoming key players in the global liquefied natural gas, LNG, market …

  • In the NewsOil & Gas

    Chevron Reaffirms Commitment to Cut Gas Flaring in Nigeria

    by Oluwatosin Racheal Alabi October 8, 2025
    by Oluwatosin Racheal Alabi October 8, 2025

    KEY POINTS Chevron Nigeria Limited has restated its commitment to tackling gas flaring and cutting carbon emissions across its operations in the Niger Delta, as part of ongoing efforts to …

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Nigeria’s Oil Boom: Record Production in September 2023

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© 2025 Energy News Africa Plus. All Rights Reserved.