oil and gas

KEY POINTS Nigeria’s crude oil reserves fell slightly to 37.01 billion barrels as of January 1, 2026, down from 37.28 billion barrels recorded a year earlier, according to the Nigerian …

KEY POINTS Fresh attacks across the Middle East have forced the shutdown of key oil and gas facilities in Qatar, Saudi Arabia, Iraq, and Israel, sending shockwaves through global energy …

KEY POINTS Experts have raised concerns over President Bola Tinubu’s recent executive order directing all oil and gas revenues straight into the Federation Account, warning that this could limit the …

KEY POINTS TotalEnergies has committed 100 million dollars to accelerate the development and deployment of technologies aimed at cutting emissions across the oil and gas sector, deepening the company’s involvement …

KEY POINTS Egypt has signed four oil and gas exploration agreements worth more than $340 million, a move the government hopes will slow declining production and reassert the country’s role …

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 …

KEY POINTS Thousands of Trees Planted as Libya’s NOC Enters Third Phase of Million-Tree Initiative Libya’s National Oil Corporation, NOC, has announced the commencement of Phase Three of its ambitious …

KEY POINTS A new report raises concerns about rising cybersecurity risks in Nigeria’s oil and gas sector, warning that poor data protection could threaten the country’s economic stability. The report …

Armenian PM Nikol Pashinyan hints at flexibility in Zangezur corridor negotiations, aiming to revive peace talks with Azerbaijan while balancing economic interests

Panoro Energy reports record quarterly production in Gabon, aiming for 40,000 bopd by year-end after successful drilling.