oil and gas

Tony Elumelu’s Heirs Energies has won a global finance award in London for the $750 million deal that transformed Nigeria’s OML 17 oil block.

Nigeria’s upstream oil regulator has called on banks to take a more active role in funding gas development and unlocking upstream investment opportunities.

Nigeria’s oil regulator has confirmed a fresh licensing round for Q3 2026, backed by presidential approval and rising investor confidence in the upstream sector.

Senegal’s state gas company is advancing a $1.15 billion pipeline network as its CEO heads to Houston to pitch the project to global investors.

NNPC is heading into Nigeria’s biggest energy conference with record crude output, a new Gas Master Plan and fresh international supply agreements in hand.

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 …