Oil & Gas

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 …

Nigeria’s Dangote refinery, the largest in Africa, has made history by importing crude oil from the US for the first time. The refinery is seen as a game-changer for Nigeria’s …

Uganda has decided to import its oil through Tanzania instead of Kenya, following a long-standing dispute over a government-to-government fuel deal. The move could cost Kenya millions of dollars in …

Uganda has announced a new partner for its long-delayed oil refinery project, a United Arab Emirates (UAE) firm with no prior experience in the sector. The government hopes that the …

Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …

Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.