Oil & Gas

*Sudden Downturn in Fuel Imports* Nigeria’s landscape of fuel imports has hit a staggering low, leaving depots scrambling and triggering a cascade of shutdowns among numerous filling stations. The ones …

Uganda and Tanzania are on the verge of finalizing a $4 billion deal to build a crude oil pipeline that could transform the region’s economy and energy sector. The project, …

In a significant move, Qatar has extended its long-term gas supply to Europe by securing a substantial deal with the Netherlands. The agreement entails providing 3.5 million metric tons of …

Six African nations recently rallied in Senegal, uniting against climate change. They focused on slashing greenhouse gas emissions in their emerging oil and gas sectors. The Commonwealth Secretariat led the …

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) escalated its regulatory enforcement last Friday, shutting down four filling stations in Cross River State due to non-compliance and operational malpractices. …

Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) recently celebrated the selection of 42 domestic oil and gas firms in a landmark step towards environmental responsibility and sustainability. These companies, winners in …

Oil prices surged on Thursday, reaching their highest levels since 2014, as the US imposed sanctions on two shipping companies for violating a price cap on Russian crude exports. The …

The Shell Petroleum Development Company (SPDC) confirmed an October 3 oil spill at its Peremabiri flow station in Bayelsa State. This leakage has extensively damaged numerous farmlands and the marine …

Oil prices edged higher this week as the conflict between Israel and Hamas raised concerns about the stability of the Middle East, a major oil-producing region. However, the gains were …

Perenco, an independent oil and gas company, has announced the start of production from its Hylia South West discovery in the shallow waters offshore Gabon. The company said the new …