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  • In the News

    Nigeria’s Energy Leaders to Convene in Lagos for 2025 Gas Investment Forum

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    KEY POINTS This October, Nigeria’s top energy officials and businesspeople will meet in Lagos for the third Gas Investment Forum (GIF). The country is working hard to turn its huge …

  • Markets

    Otedola Reveals Shocking Shift in Bank Relations During Business Crisis in New Memoir

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

    KEY POINTS In a candid revelation from his upcoming memoir, Making It Big: Lessons from a Life in Business, Femi Otedola, Nigeria’s billionaire investor and philanthropist, shares a harrowing chapter …

  • 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 …

  • Oil & Gas

    Libya’s NOC Reignites Collaboration with ExxonMobil for Offshore Exploration

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

    KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

  • Oil & Gas

    Libya’s Sharara Oil Field Hits 7-Year Output High as Stability Returns

    by Oluwatosin Racheal Alabi August 4, 2025
    by Oluwatosin Racheal Alabi August 4, 2025

    KEY POINTS Libya’s Sharara oil field, the largest in the country, has surged to a production peak not seen since 2018, marking a significant milestone for the North African nation’s …

  • In the NewsOil & Gas

    Nigeria’s Oil Dominance Persists as Crude Drives $45 Billion Export Windfall

    by Oluwatosin Racheal Alabi August 3, 2025
    by Oluwatosin Racheal Alabi August 3, 2025

    KEY POINTS Petroleum remains king in Nigeria’s export economy, commanding a lion’s share of its foreign trade earnings and reinforcing the West African nation’s position among the world’s major oil …

  • Oil & Gas

    Predator Oil & Gas Tumbles After Morocco Well Falls Short of Expectations

    by Oluwatosin Racheal Alabi August 1, 2025
    by Oluwatosin Racheal Alabi August 1, 2025

    KEY POINTS Shares in Predator Oil & Gas Holdings Plc (LSE:PRD) took a sharp nosedive on Friday, plunging more than 30% in early London trading, after the company disclosed disappointing …

  • MarketsOil & Gas

    Marketers Warn Dangote’s Direct Fuel Sales May Upend Supply Chain, Risk Jobs

    by Oluwatosin Racheal Alabi August 1, 2025
    by Oluwatosin Racheal Alabi August 1, 2025

    KEY POINTS Oil marketers in Nigeria are sounding the alarm over Dangote Refinery’s plan to distribute fuel directly to end-users, warning that the move could destabilize the downstream petroleum supply …

  • In the NewsOil & Gas

    Nigeria’s Petrol Prices Jump 38% as Subsidy-Free Market Spurs Regional Disparities

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS The average price of petrol in Nigeria surged to ₦1,037.66 per litre in June, up nearly 40% from a year earlier, as government deregulation continues to ripple through …

  • In the NewsOil & Gas

    ExxonMobil Set for Comeback in Libya With Offshore Deal

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS ExxonMobil is preparing to ink a conditional deal for offshore gas exploration in Libya, according to a statement by the U.S.  Embassy in Tripoli—potentially signaling the American energy …

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Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger Regulatory System
Chevron Stock Gets Boost From Analyst Upgrade Despite Oil Price Dip

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ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger...
Chevron Stock Gets Boost From Analyst Upgrade Despite Oil...
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© 2025 Energy News Africa Plus. All Rights Reserved.