Oil & Gas

KEY POINTS Sierra Leone is pushing to build on its recent offshore oil exploration breakthrough with Italian energy giant Eni, as the West African nation seeks to position itself as …

KEY POINTS Halliburton has secured a major integrated drilling and completion services contract from Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies, to advance the development …

KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …

KEY POINTS The Dangote Petroleum Refinery has withdrawn its N100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Company (NNPC) Limited, …

KEY POINTS Nigeria’s crude oil output fell again in October, adding to production setbacks in Libya and Venezuela that weakened the Organisation of the Petroleum Exporting Countries and its allies, …

KEY POINTS Libya’s National Oil Corporation has announced a fresh oil discovery in the Ghadames Basin, reigniting optimism over the country’s energy potential after years of production instability. The new …

KEY POINTS Nigeria’s state-owned oil company is setting its sights on greater control over the country’s refining future. The Nigerian National Petroleum Company, NNPC, Limited has announced plans to raise …

KEY POINTS Austrian energy company OMV has announced a major oil and gas discovery in Libya’s Sirte Basin, marking one of the country’s most promising exploration successes in recent years. …

KEY POINTS In a landmark move to bolster the United Arab Emirates’ status as a global energy hub, AD Ports Group and Nimex Terminals have signed two long-term agreements worth …

KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …