Oil & Gas

KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …

KEY POINTS Elektron Finance SPV Plc, the financing arm of Nigeria’s Elektron Energy Development Strategies, is stepping into the debt market with a bold N200 billion bond programme, betting big …

KEY POINTS Through a new joint venture, Fusion Fuel Green PLC, a small-cap clean energy company listed on the Nasdaq, is attempting to enter the specialized fuels market in South …

KEY POINTS With the signing of a significant LNG contract with Indian Oil Corp., Trafigura has made a new move into one of Asia’s fastest-growing gas markets. The Singapore-based company …

KEY POINTS Nigeria’s flagship Bonny Light crude ended Friday just shy of $69 a barrel, barely snapping a six-day losing streak, as global markets weighed the possibility of a U.S.-brokered …

KEY POINTS Global energy giants have long controlled Nigeria’s deepwater oil and gas fields, but a quiet but significant power shift is now taking place. The era of uncontested international …

KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …

KEY POINTS As the downstream oil marketer reported its worst half-year performance since 2020, Conoil Plc is going through its most challenging period in six years. Falling revenues, eroded margins, …

KEY POINTS With a record-breaking $35 billion export agreement to supply natural gas to Egypt through 2040, Israel’s Leviathan gas field, a deepwater reservoir off the Mediterranean Coast has strengthened …

KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …