oil and gas

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 Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …

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 …