oil and gas

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.

Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.

Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.

Nigeria’s upstream oil regulator and nuclear authority are merging their regulatory frameworks to cut compliance costs and strengthen radiological safety across the sector.