Oil & Gas

KEY POINTS Shares in Predator Oil & Gas Holdings Plc (LSE:PRD) took a sharp nosedive on Friday, plunging more than 30% in early London trading, after the company disclosed disappointing …

KEY POINTS Oil marketers in Nigeria are sounding the alarm over Dangote Refinery’s plan to distribute fuel directly to end-users, warning that the move could destabilize the downstream petroleum supply …

KEY POINTS The average price of petrol in Nigeria surged to ₦1,037.66 per litre in June, up nearly 40% from a year earlier, as government deregulation continues to ripple through …

KEY POINTS Egypt has signed a fresh exploration deal with energy giants Eni SpA and BP Plc, giving the firms the green light to drill for oil and natural gas …

KEY POINTS ExxonMobil is preparing to ink a conditional deal for offshore gas exploration in Libya, according to a statement by the U.S.  Embassy in Tripoli—potentially signaling the American energy …

KEY POINTS Hill International, a U.S.-based construction management firm, has secured a $235 million contract to oversee a long-delayed offshore development in Libya, as the war-battered North African nation tries …

KEY POINTS Petrol importers in Nigeria have significantly slashed prices below the rates offered by the Dangote Petroleum Refinery, setting off a fierce price battle that is reshaping the dynamics …

KEY POINTS TotalEnergies has commenced oil production from two new offshore developments in Angola—Begonia and CLOV Phase 3—bringing a combined total of 60,000 barrels per day (bpd) to the country’s …

KEY POINTS Spanish energy major Repsol has significantly increased its oil production in Libya in 2025 following the reactivation of 12 previously dormant wells and a renewed focus on drilling …

KEY POINTS Egypt is poised to significantly boost its liquefied natural gas, LNG, imports through the end of the decade as domestic production fails to keep pace with soaring demand, …