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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has recorded its strongest crude oil trading performance in five years, reaching about 1.171 million barrels per day (mbpd) under the …

KEY POINTS Former President Olusegun Obasanjo has again declared that Nigeria’s state-owned refineries operated by the Nigerian National Petroleum Company Limited will never function effectively again, despite ongoing efforts by …

KEY POINTS ExxonMobil Qatar has renewed its strategic partnership with Teach For Qatar for another three years, strengthening efforts to improve education quality and teacher development across Qatar. The collaboration, …

KEY POINTS The Chief Executive Officer of Chevron Corporation, Mike Wirth, has said that while recent changes to Venezuela’s oil policies signal progress, more reforms are needed to fully revive …

KEY POINTS Global natural gas markets are facing renewed pressure as escalating tensions in the Middle East threaten the stability of liquefied natural gas, LNG, supply chains, raising concerns over …

KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …

KEY POINTS The Nigerian National Petroleum Company Limited has entered into a strategic partnership with Sonatrach, Algeria’s national oil company, to strengthen collaboration in research, development, and innovation within the …

KEY POINTS East African countries are exploring plans to jointly develop a large oil refinery at the port of Tanga in Tanzania, in a move aimed at reducing dependence on …

KEY POINTS Sierra Leone has signed a petroleum licence agreement with Nigeria-based Marginal Energy Limited, granting the company offshore exploration and production rights as part of efforts to revive its …

KEY POINTS Crude oil supply from the Nigerian National Petroleum Company, NNPC, Limited increased significantly in April 2026, with over 1.03 million metric tonnes delivered to the Dangote Oil and …