oil and gas

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.

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.