KEY POINTS Dynagas Ltd., one of the biggest companies in the world that moves liquefied natural gas, LNG, has added a new LNG carrier, Clean Mistral, to its growing fleet. …
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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 …
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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 …
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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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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) …
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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 …
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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 …
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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 …
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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 …
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In the NewsOil & Gas
Nigeria’s Petrol Prices Jump 38% as Subsidy-Free Market Spurs Regional Disparities
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 …