Oil & Gas

KEY POINTS Nigeria’s households caught a rare break in August as the average cost of refilling cooking gas cylinders plunged, offering relief to millions grappling with stubbornly high living expenses. …

KEY POINTS Nigeria’s upstream regulator has approved the transfer of TotalEnergies’ 12.5% interest in Oil Mining Lease (OML) 118 to two of its long-time partners, Shell Nigeria Exploration and Production …

KEY POINTS Nigeria’s two most powerful oil sector unions have come out swinging against the Federal Government’s proposal to reduce its holdings in joint venture oil assets, warning that the …

KEY POINTS TotalEnergies plan to offload part of its onshore oil business in Nigeria has collapsed after regulators pulled their approval, dealing a blow to the French major’s push to …

KEY POINTS Nigeria’s Dangote Petroleum Refinery is teaming up with some of the country’s biggest petroleum marketers to launch a free fuel delivery scheme, a move designed to slash logistics …

KEY POINTS Nigeria has launched a sweeping verification exercise of disputed and newly drilled oilfields and gas fields in the Niger Delta, a move aimed at settling long-running ownership disputes …

KEY POINTS Nigeria’s economy, long powered by non-oil sectors, saw the balance shift slightly in the second quarter of 2025 as crude oil output rebounded sharply, lifting the petroleum industry’s …

KEY POINTS Libya’s oil industry is showing faint but notable signs of momentum. The country’s state-owned National Oil Corporation, NOC, said over the weekend that crude output reached 1.39 million …

KEY POINTS A coalition of civil society groups has applauded the Dangote Refinery and Petrochemicals Company for what they describe as a “game-changing” role in easing fuel costs and shoring …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited has tapped U.S. energy technology giant Honeywell UOP to carry out a detailed evaluation of the long-idle Port Harcourt refinery, a …