oil and gas

KEY POINTS Chevron has announced a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola, strengthening the energy giant’s efforts to expand production in …

KEY POINTS The Federal Government’s new fiscal incentives for deep offshore oil and gas projects are expected to attract more than $50 billion in fresh investment and help Nigeria significantly …

KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …

Nigeria earned $2.53 billion from gas exports in Q1 2026 as the CBN reported a 256% surge in the country’s current account surplus to $4.98 billion.

Shell has appointed Elohor Aiboni as its first Nigerian Executive Vice President and Country Chair Nigeria, effective August 1, replacing Marno de Jong.

TotalEnergies has resumed its $20 billion Mozambique gas project after a five-year suspension, reigniting both hopes for prosperity and frustration over unfulfilled community promises.

Nigeria’s oil minister says crude oil production has risen from 1 million to 1.8 million barrels per day and the next target is 2.5 million.

Nigeria and Alberta have agreed to deepen cooperation on gas development, methane reduction and carbon capture after bilateral talks held in Calgary, Canada.

Sudan’s Ministry of Energy has issued new petroleum regulations using international tenders to secure stable fuel supplies and end a months-long import dispute.

Tony Elumelu’s Heirs Energies has launched a tree-planting initiative along its Agbada gas corridor in Rivers State as part of its sustainability agenda.