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Oil & Gas

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  • Oil & Gas

    Japan Seeks to Secure Energy Supply Amid US Sanctions on Russia

    by Motoni Olodun September 26, 2023
    by Motoni Olodun September 26, 2023

    Japan is facing a challenge to ensure a stable energy supply amid the US sanctions on Russia, which is one of its major sources of oil, gas, and coal. The …

  • In the NewsMarketsOil & Gas

    Oil Markets Experience Sharp Rise, Hitting 10-Month High Amidst Supply Uncertainties

    by Oluwatosin Racheal Alabi September 26, 2023
    by Oluwatosin Racheal Alabi September 26, 2023

    In the evolving landscape of the oil industry, prices shot up to new 10-month highs, pushed by increasing apprehensions over a possible global supply crunch. The situation in Libya, marked …

  • In the NewsOil & Gas

    Sofec Secures Key Mooring Contract for Eni’s Mozambique FLNG Project

    by Oluwatosin Racheal Alabi September 26, 2023
    by Oluwatosin Racheal Alabi September 26, 2023

    The path to a strengthened liquefied natural gas (LNG) infrastructure in Mozambique takes a significant step forward. Japanese mooring giant Sofec has clinched a pivotal contract for Eni’s Coral Norte …

  • MarketsOil & Gas

    Nigerian Air Force Bolsters Efforts to Combat Oil Theft with New Aircraft Acquisition

    by Oluwatosin Racheal Alabi September 26, 2023
    by Oluwatosin Racheal Alabi September 26, 2023

    To address the growing concern of crude oil theft, the Nigerian Air Force (NAF) is set to add two new aircraft to its fleet, tailored specifically for this mission. This …

  • In the NewsOil & Gas

    Turkey, China Support Algeria’s Push for Economic Diversification Push

    by Adenike Adeodun September 25, 2023
    by Adenike Adeodun September 25, 2023

    Algeria wants to boost non-oil exports this year. The goal is $10 billion. This decision counters risks from an oil-focused economy. Oil and gas dominate Algeria’s exports, making up 93%. …

  • In the NewsOil & Gas

    Dangote Refinery Seeks Domestic Crude Amid NNPC’s Loan Deals

    by Adenike Adeodun September 20, 2023
    by Adenike Adeodun September 20, 2023

    Amidst rising anticipation, the Dangote Petroleum Refinery is currently importing crude oil, expecting to receive its inaugural crude cargo in a fortnight, according to Devakumar Edwin, the Executive Director of …

  • Oil & Gas

    Oil prices surge as Saudi-Russia deal and China demand boost market.

    by Motoni Olodun September 18, 2023
    by Motoni Olodun September 18, 2023

    Oil prices rose for a third consecutive session on Monday, reaching their highest levels since November, as Saudi Arabia and Russia extended their supply cuts and China’s economic recovery boosted …

  • Oil & Gas

    Tullow Oil Ghana Production Rises: Embracing the Cash Harvest Phase

    by Motoni Olodun September 13, 2023
    by Motoni Olodun September 13, 2023

    Tullow Oil is making waves in the energy sector. As its offshore Ghana oil production rises, the company eagerly steps into a cash-harvesting phase. With debt reduction and efficient spending, …

  • Oil & Gas

    West Africa’s oil refining ambitions face multiple challenges.

    by Motoni Olodun September 10, 2023
    by Motoni Olodun September 10, 2023

    West Africa, a heavyweight in oil production, aims to boost its oil refining game. With an ever-growing domestic demand for fuel, the region hopes to slash its hefty fuel import …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Shell-Equinor Joint Venture Adura Secures $3 Billion Lending facility for UK North Sea Development
Dubai Crude Premium Slumps Sharply as Sellers Flood Market and TotalEnergies Remains Sole Buyer

Latest Stories

Shell-Equinor Joint Venture Adura Secures $3 Billion Lending facility...
Dubai Crude Premium Slumps Sharply as Sellers Flood Market...
Dangote Refinery Reduces Petrol Price to N1,200 Per Litre

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