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Oil & Gas

Featured posts

  • Oil & Gas

    Nigeria’s Fuel Crisis: How Oil Marketers Struggle to Import Petrol

    by Motoni Olodun January 4, 2024
    by Motoni Olodun January 4, 2024

    Nigeria, Africa’s largest oil producer, is facing a fuel crisis as oil marketers are unable to import petrol due to pricing and foreign exchange challenges. The situation has raised concerns …

  • Oil & Gas

    Oil Prices Soar After U.S. Naval Clash with Houthis

    by Victor Adetimilehin January 2, 2024
    by Victor Adetimilehin January 2, 2024

    Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …

  • Oil & Gas

    Nigeria’s Bold Plan to Boost Oil Production by 2026

    by Motoni Olodun January 2, 2024
    by Motoni Olodun January 2, 2024

    Nigeria, Africa’s largest oil producer and exporter, has announced an ambitious plan to increase its oil and condensate output to 2.6 million barrels per day (bpd) by 2026, up from …

  • Oil & Gas

    NUPRC Tackles Investor Challenges to Boost Nigeria’s Oil and Gas Sector

    by Oluwatosin Racheal Alabi January 1, 2024
    by Oluwatosin Racheal Alabi January 1, 2024

    The Nigerian Upstream Regulatory Commission (NUPRC) launches an ambitious plan to attract investment and overcome operational hurdles in Nigeria’s petroleum industry.

  • In the NewsOil & Gas

    Libya’s Onshore Oil Success Offers Blueprint for Africa

    by Adenike Adeodun December 31, 2023
    by Adenike Adeodun December 31, 2023

    Libya’s onshore oil sector shines, attracting global investment and setting a benchmark for Africa’s future exploration strategies.

  • In the NewsOil & Gas

    Akkrake Petroleum Secures Lead in Benin’s Block 1 Oil Field

    by Adenike Adeodun December 29, 2023
    by Adenike Adeodun December 29, 2023

    Akkrake Petroleum, in a significant joint venture, secures a major stake in Benin’s offshore oil Block 1 Sèmè Field.

  • Oil & Gas

    Harbour Energy to Become Global Oil Giant with $11.2 Billion Deal

    by Motoni Olodun December 22, 2023
    by Motoni Olodun December 22, 2023

    Harbour Energy, the UK’s largest oil and gas producer, has announced a landmark deal to acquire most of the assets of Germany’s Wintershall Dea, creating one of the world’s biggest …

  • Oil & Gas

    Nigeria’s Gas Flaring Woes: How to Turn Waste into Wealth

    by Motoni Olodun December 21, 2023
    by Motoni Olodun December 21, 2023

    Nigeria, Africa’s largest oil producer, has been burning off its natural gas for decades, wasting a valuable resource and harming the environment. But with new policies and technologies, the country …

  • Oil & Gas

    Nigeria Secures $6 Billion Oil and Gas Deal with TotalEnergies

    by Motoni Olodun December 19, 2023
    by Motoni Olodun December 19, 2023

    Nigeria, Africa’s largest oil producer, has secured a major investment deal with French energy giant TotalEnergies. The company’s CEO, Patrick Pouyanne, met with Nigeria’s President Bola Tinubu in Abuja on …

  • Oil & Gas

    TotalEnergies Defies Environmentalists to Lead South Africa’s Offshore Oil Boom

    by Motoni Olodun December 15, 2023
    by Motoni Olodun December 15, 2023

    South Africa’s offshore oil and gas sector is set for a major boost as TotalEnergies, the French energy giant, has secured the government’s approval to drill test wells in the …

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  • Heirs Energies Secures $750 Million Afreximbank Loan to Double Production
  • Dangote Refinery Reshapes Nigerian Fuel Market with Aggressive New Pricing
  • PENGASSAN Chief Osifo Advocates Partial Sale of Nigeria’s State Refineries to Secure Investment
  • Oil Prices Climb on US Interception of Venezuelan Tanker
  • Former ExxonMobil Contractor Dies Following Beer Parlour Altercation in Akwa Ibom

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Heirs Energies Secures $750 Million Afreximbank Loan to Double Production
Dangote Refinery Reshapes Nigerian Fuel Market with Aggressive New Pricing

Latest Stories

Heirs Energies Secures $750 Million Afreximbank Loan to Double...
Dangote Refinery Reshapes Nigerian Fuel Market with Aggressive New...
PENGASSAN Chief Osifo Advocates Partial Sale of Nigeria’s State...

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