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  • In the NewsOil & Gas

    Iran Strike Damages Qatar’s Key Gas Facility, Escalates Gulf Tensions

    by Ikeoluwa Juliana Ogungbangbe March 19, 2026
    by Ikeoluwa Juliana Ogungbangbe March 19, 2026

    KEY POINTS The government of Qatar has confirmed that Iranian missile strikes caused significant damage to the Ras Laffan Industrial City, the country’s primary gas production hub. Authorities said the …

  • In the NewsOil & Gas

    Nigeria’s Cooking Gas Supply Drops 8.5% Amid Global Energy Crisis

    by Ikeoluwa Juliana Ogungbangbe March 19, 2026
    by Ikeoluwa Juliana Ogungbangbe March 19, 2026

    KEY POINTS Nigeria’s supply of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, fell by 8.5 percent to 4.7 metric tonnes per day in February 2026, down from 5.1 …

  • In the NewsOil & Gas

    Dangote Refinery Partners Marketers to Secure Fuel Supply

    by Oluwatosin Racheal Alabi March 18, 2026
    by Oluwatosin Racheal Alabi March 18, 2026

    KEY POINTS The Dangote Petroleum Refinery has partnered with major fuel marketers to ensure steady nationwide supply and reduce the risks associated with relying on a single source for petroleum …

  • In the NewsMarketsOil & Gas

    Oil Prices Dip as U.S. Crude Inventories Surge Amid Middle East Tensions

    by Oluwatosin Racheal Alabi March 18, 2026
    by Oluwatosin Racheal Alabi March 18, 2026

    KEY POINTS Oil prices fell modestly on Wednesday morning after the American Petroleum Institute (API) reported a significant increase in U.S. crude inventories. Brent crude futures dropped $1.15, or 1.11%, …

  • In the NewsOil & Gas

    ExxonMobil Pioneers Fully Automated Offshore Drilling in Guyana, Redefining Future Project Economics

    by Oluwatosin Racheal Alabi March 18, 2026
    by Oluwatosin Racheal Alabi March 18, 2026

    KEY POINTS ExxonMobil (NYSE:XOM) has achieved what industry insiders are calling the world’s first fully automated offshore well placement in Guyana, in collaboration with Halliburton and other partners. The project …

  • In the NewsOil & Gas

    Petrol Price Surge Squeezes Oil Marketers as Middle East Crisis Drives Costs Higher

    by Ikeoluwa Juliana Ogungbangbe March 18, 2026
    by Ikeoluwa Juliana Ogungbangbe March 18, 2026

    KEY POINTS Oil marketers across Nigeria are raising alarm over the mounting pressure on their operations following a sharp increase in petrol pump prices, a situation they attribute to the …

  • In the NewsOil & Gas

    Drone Strike on UAE Gas Facility Sparks Fire

    by Ikeoluwa Juliana Ogungbangbe March 18, 2026
    by Ikeoluwa Juliana Ogungbangbe March 18, 2026

    KEY POINTS A major gas facility in the United Arab Emirates has been engulfed in flames following a drone strike on Tuesday, intensifying fears over tightening global energy supplies and …

  • In the NewsOil & Gas

    NUPRC Shortlists Bidders for 2025 Oil Blocks, Advances to Competitive Licensing Phase

    by Ikeoluwa Juliana Ogungbangbe March 18, 2026
    by Ikeoluwa Juliana Ogungbangbe March 18, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has officially shortlisted bidders for Nigeria’s 2025 oil and gas licensing round, marking a critical transition from pre-qualification screening to the …

  • In the NewsOil & Gas

    Fuel Prices Surge Nationwide as Dangote-Linked MRS Raises Pump Price to N1,267/Litre

    by Ikeoluwa Juliana Ogungbangbe March 18, 2026
    by Ikeoluwa Juliana Ogungbangbe March 18, 2026

    KEY POINTS Dangote Refinery-backed MRS Oil Nigeria Plc has raised its fuel pump price across the country following a recent increase in gantry price by Dangote Refinery. The refinery last …

  • In the News

    Senate Confirms Magnus Abe as NUPRC Board Chairman

    by Oluwatosin Racheal Alabi March 17, 2026
    by Oluwatosin Racheal Alabi March 17, 2026

    KEY POINTS The Nigerian Senate has officially confirmed former Rivers South-East senator, Magnus Abe, as the Chairman of the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Abe’s confirmation …

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