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KEY POINTS Goldman Sachs has reaffirmed its buy rating on Chevron Corporation, raising its price target from $241 to $256 following a strong third-quarter financial performance by the US oil …

KEY POINTS Nigeria’s oil and gas reforms have helped increase crude oil production by 600,000 barrels per day, raising output from 1.2 million barrels per day to 1.8 million barrels …

KEY POINTS Conoil Plc, the Nigerian fuel marketing company controlled by billionaire Mike Adenuga, has reported a 262% increase in profit after tax for the first nine months of 2026, …

KEY POINTS Dangote Refinery has reduced its petrol gantry price by ₦35 per litre, from ₦1,250 to ₦1,215, raising expectations of lower fuel prices at filling stations across Nigeria. The …

KEY POINTS Italian energy company Eni and its partners have started drilling and completion operations for the Coral North Floating Liquefied Natural Gas (FLNG) project offshore Mozambique, marking a major …

KEY POINTS The Nigerian National Petroleum Company (NNPC) Limited has reduced its petrol pump price by ₦10 per litre, bringing the price down from ₦1,365 to ₦1,355 as competition intensifies …

KEY POINTS US energy giant Chevron is increasing its oil and gas exploration spending by 50% in 2026 as it pursues new discoveries across Africa, South America and the Eastern …

KEY POINTS Seplat Energy Plc has discovered an estimated 157 billion cubic feet of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in …

KEY POINTS Domestic supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, increased by nearly 18 per cent year-on-year in September 2026, reaching 4.5 million litres per day, …

KEY POINTS South African civil rights organisation AfriForum has called on state-owned power utility Eskom to reduce the financial burden on electricity consumers following its announcement of a R30.3 billion …