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Oil and gas sector

  • In the NewsOil & Gas

    Nigerian Oil & Gas Sector Surges 31% in 2026

    by Oluwatosin Racheal Alabi February 12, 2026
    by Oluwatosin Racheal Alabi February 12, 2026

    KEY POINTS The Nigerian oil and gas sector has rebounded sharply on the Nigerian Exchange in 2026, climbing more than 31% year-to-date. This performance has outpaced the industrial goods sector, …

  • Oil & Gas

    African Nations Must Unite to End Energy Poverty, Says Nigerian Minister as Ghana Seeks Guidance

    by Adedotun Oyeniyi May 8, 2025
    by Adedotun Oyeniyi May 8, 2025

    KEY POINTS Nigeria’s petroleum minister Heineken Lokpobiri urged Ghana to learn from Nigeria’s early oil sector challenges and embrace regional collaboration to avoid repeating costly mistakes. At the 2025 Offshore …

  • Oil & Gas

    NNPC Ltd Resolves PENGASSAN-TotalEnergies Rift, Restarts Oil Production

    by Oluwatosin Racheal Alabi November 14, 2023
    by Oluwatosin Racheal Alabi November 14, 2023

    NNPC Ltd successfully mediated between PENGASSAN and TotalEnergies, leading to the restoration of 275,000 barrels of oil per day production.

  • Oil & Gas

    Oil and Gas Sector Celebrates New Exploration Licenses in North Sea

    by Victor Adetimilehin October 30, 2023
    by Victor Adetimilehin October 30, 2023

    The oil and gas sector is welcoming a significant development in the North Sea, as the North Sea Transition Authority (NSTA) confirms the offer of 27 new exploration licenses as …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

US Eases Venezuela Oil Sanctions to Boost Global Supply
Lagos Community Faces Four-Month Blackout over Substation Upgrade

Latest Stories

US Eases Venezuela Oil Sanctions to Boost Global Supply
Lagos Community Faces Four-Month Blackout over Substation Upgrade
Nigeria’s Power Crisis Worsens as GenCos Struggle with N6.8tn...

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