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  • In the NewsMarketsOil & Gas

    Oil Prices Hold Steady as Investors Weigh U.S.-Iran Tensions and Strait of Hormuz Risks

    by Ikeoluwa Juliana Ogungbangbe August 20, 2026
    by Ikeoluwa Juliana Ogungbangbe August 20, 2026

    KEY POINTS Oil prices remained broadly stable in early Asian trading on Thursday as investors assessed the outlook for the U.S.-Iran conflict and uncertainty surrounding the movement of oil tankers …

  • In the News

    Seplat CEO Urges Oil, Gas Firms to Prioritise Asset Integrity, Cut Production Losses

    by Ikeoluwa Juliana Ogungbangbe August 20, 2026
    by Ikeoluwa Juliana Ogungbangbe August 20, 2026

    KEY POINTS The Chief Executive Officer of Seplat Energy, Engr. Effiong Okon, has urged independent oil and gas operators in Nigeria to make asset integrity a priority, warning that ageing …

  • In the NewsMarketsOil & Gas

    NMDPRA Moves to Ban Fuel Price-Fixing, Artificial Scarcity in Nigeria

    by Ikeoluwa Juliana Ogungbangbe August 20, 2026
    by Ikeoluwa Juliana Ogungbangbe August 20, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA has proposed new regulations aimed at preventing fuel marketers and other petroleum industry players from manipulating prices, creating artificial …

  • In the News

    Eskom Board Says Andre de Ruyter’s Management Was Disconnected From Power Utility

    by Adedotun Oyeniyi August 19, 2026
    by Adedotun Oyeniyi August 19, 2026

    KEY POINTS Eskom’s former chief executive, Andre de Ruyter, has come under renewed scrutiny after the utility’s chairman, Mteto Nyati, said the executive management team was disconnected from the realities …

  • In the NewsOil & Gas

    Eni, Sonatrach Expand Partnership to Cut Oil and Gas Emissions in Algeria

    by Ikeoluwa Juliana Ogungbangbe August 19, 2026
    by Ikeoluwa Juliana Ogungbangbe August 19, 2026

    KEY POINTS Italian energy company Eni and Algeria’s state-owned oil and gas giant Sonatrach have expanded their cooperation on reducing greenhouse gas emissions from Algeria’s oil and gas industry. The …

  • In the NewsOil & Gas

    NMDPRA Pushes for Integrated West African Fuel Market as Dangote Refinery Reshapes Regional Supply

    by Ikeoluwa Juliana Ogungbangbe August 19, 2026
    by Ikeoluwa Juliana Ogungbangbe August 19, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has called for the development of a fully integrated West African petroleum market as growing refining capacity begins to …

  • In the NewsOil & Gas

    Chevron Discovers Oil and Gas Offshore Angola, Targets Faster Production

    by Adedotun Oyeniyi August 18, 2026
    by Adedotun Oyeniyi August 18, 2026

    KEY POINTS Chevron has announced a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola, strengthening the energy giant’s efforts to expand production in …

  • In the NewsMarketsOil & Gas

    Oil Prices Rise as US-Iran Peace Hopes Fade, Hormuz Risks Grow

    by Adedotun Oyeniyi August 18, 2026
    by Adedotun Oyeniyi August 18, 2026

    KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …

  • In the NewsOil & Gas

    Libya’s NWD Completes Work on 188 Oil Wells, Drills 21 More

    by Ikeoluwa Juliana Ogungbangbe August 18, 2026
    by Ikeoluwa Juliana Ogungbangbe August 18, 2026

    KEY POINTS Libya’s National Oil Wells Drilling & Workover Company, NWD, has completed maintenance on 188 oil wells and drilled 21 new wells for several subsidiaries of the National Oil …

  • In the NewsMarkets

    Cooking Gas Prices Fall as Dangote, Marketers Cut LPG Prices

    by Ikeoluwa Juliana Ogungbangbe August 18, 2026
    by Ikeoluwa Juliana Ogungbangbe August 18, 2026

    KEY POINTS Nigeria’s cooking gas market is experiencing another round of price reductions after the Dangote Refinery and major LPG depot operators lowered their selling prices. The Dangote Refinery reduced …

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  • Oil Prices Hold Steady as Investors Weigh U.S.-Iran Tensions and Strait of Hormuz Risks
  • Nigeria’s Deep Offshore Oil Fields Could Add 1 Million Barrels Daily as New Incentives Attract Investment
  • Seplat CEO Urges Oil, Gas Firms to Prioritise Asset Integrity, Cut Production Losses
  • NMDPRA Moves to Ban Fuel Price-Fixing, Artificial Scarcity in Nigeria
  • NRG named as potential bidder for West Virginia coal plant in bankruptcy

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Prices Hold Steady as Investors Weigh U.S.-Iran Tensions and Strait of Hormuz Risks
Nigeria’s Deep Offshore Oil Fields Could Add 1 Million Barrels Daily as New Incentives Attract Investment

Latest Stories

Oil Prices Hold Steady as Investors Weigh U.S.-Iran Tensions...
Nigeria’s Deep Offshore Oil Fields Could Add 1 Million...
Seplat CEO Urges Oil, Gas Firms to Prioritise Asset...

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