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  • In the NewsMarketsOil & Gas

    Exxon and Chevron Report Lower Q1 Profits Despite High Oil Prices

    by Oluwatosin Racheal Alabi May 4, 2026
    by Oluwatosin Racheal Alabi May 4, 2026

    KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …

  • In the NewsOil & Gas

    Algeria Awards BP New Exploration Rights in Eastern Basin to Unlock Energy Potential

    by Oluwatosin Racheal Alabi April 15, 2026
    by Oluwatosin Racheal Alabi April 15, 2026

    KEY POINTS Algeria has granted BP Plc a new prospecting authorisation in its eastern basin, as the country intensifies efforts to expand hydrocarbon exploration and attract international investment. The approval, …

  • In the NewsMarketsOil & Gas

    BP and Shell Set to Gain £5 Billion Amid Middle East Tensions

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS Britain’s two largest energy companies, Shell and BP, are poised to benefit from the ongoing geopolitical tensions surrounding the Strait of Hormuz, potentially capturing a combined £5 billion …

  • In the NewsOil & Gas

    Shell M&A Chief Quit After Leadership Blocked BP Takeover Plan

    by Oluwatosin Racheal Alabi December 17, 2025
    by Oluwatosin Racheal Alabi December 17, 2025

    KEY POINTS Shell’s long-serving mergers chief Greg Gut resigned after senior executives opposed an internal push to acquire BP, according to a report by the Financial Times, shedding new light …

  • In the NewsOil & Gas

    BP and Eni Boost Angola’s Gas Ambitions with Early Start-Up of New Treatment Plant

    by Oluwatosin Racheal Alabi December 1, 2025
    by Oluwatosin Racheal Alabi December 1, 2025

    KEY POINTS BP and Eni’s joint venture in Angola has brought a major gas processing plant into operation in Soyo, marking one of the country’s most significant steps yet in …

  • In the NewsOil & Gas

    Arbitration Storms Shake Global LNG Industry as Contracts Give Way to Courtroom Battles

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …

  • In the News

    BP Wins Arbitration Against Venture Global Over LNG Supply

    by Ikeoluwa Juliana Ogungbangbe October 11, 2025
    by Ikeoluwa Juliana Ogungbangbe October 11, 2025

    Dangote refinery now supplies 20 million litres daily, transforming Nigeria’s fuel market and boosting energy independence, says NMDPRA

  • In the NewsOil & Gas

    Egypt Strikes Deal With bp to Drill Five New Gas Wells

    by Oluwatosin Racheal Alabi September 9, 2025
    by Oluwatosin Racheal Alabi September 9, 2025

    KEY POINTS Egypt’s efforts to increase gas production and draw in foreign investment for its energy sector have entered a new phase with the signing of a preliminary agreement with …

  • In the NewsOil & Gas

    Shell, bp and Exxon Bet Big on Libya’s Oil Comeback After Decade of Instability

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …

  • Oil & Gas

    BP’s Major Oil Discovery Marks a Shift Back to Fossil Fuels

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a significant development for BP, the company has announced its largest oil and gas discovery in over two decades, marking a pivotal moment as it shifts its …

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  • Museveni Backs East African Regional Refinery Plan After Talks With Dangote

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5 Million Barrels Target
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect Energy Security

Latest Stories

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5...
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect...
Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026

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© 2025 Energy News Africa Plus. All Rights Reserved.