Oil & Gas

KEY POINTS The National Oil Corporation, NOC, has opened its annual round of technical reviews with Eni North Africa, taking stock of the Italian major’s progress in Libyan exploration as …

KEY POINTS Dangote Petroleum Refinery has pushed back against suggestions that the fall in petrol pump prices was sparked by the Federal Government’s decision to halt a fifteen per cent …

KEY POINTS Chevron has begun sounding out the possibility of acquiring parts of Lukoil’s global portfolio after Washington gave potential buyers room to hold talks with the sanctioned Russian oil …

KEY POINTS Nigeria needs to move beyond speeches and begin taking concrete steps to attract investment into its gas sector, Shell executives said in Lagos, warning that delays in infrastructure …

KEY POINTS TGS and Chevron have entered a three-year seismic capacity agreement that is set to reshape how both companies approach deepwater exploration and reservoir monitoring, particularly as the global …

KEY POINTS Rovuma liquefied natural gas from ExxonMobil project in northern Mozambique has run into another patch of turbulence, as disagreements over the first set of service contracts threaten to …

KEY POINTS Nigeria has delivered more than 12 million barrels of crude oil to domestic refineries since the start of 2025, a volume that places the Dangote Refinery firmly at …

KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …

KEY POINTS Esso Exploration and Production Nigeria Limited has urged the Nigerian government to deliver clearer and quicker regulatory guidance as the country strives to revive oil production, attract international …

KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …