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  • Markets

    Shell’s Exit from Nigeria: A $2.4 Billion Deal in the Making

    by Motoni Olodun February 2, 2024
    by Motoni Olodun February 2, 2024

    Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …

  • Oil & Gas

    Chevron Seeks to Boost Nigeria’s Oil and Gas Potential in Meeting with President Tinubu

    by Motoni Olodun January 24, 2024
    by Motoni Olodun January 24, 2024

    Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

  • In the News

    Ukraine Drone Strike Sparks Massive Fire at Russian Fuel Terminal

    by Victor Adetimilehin January 22, 2024
    by Victor Adetimilehin January 22, 2024

    A Ukrainian drone attack on a Russian oil and gas facility in the Baltic Sea has triggered a huge blaze and disrupted fuel exports to international markets. The Ust-Luga complex, …

  • In the News

    ExxonMobil Eyes Algeria for Oil and Gas Investments

    by Motoni Olodun January 10, 2024
    by Motoni Olodun January 10, 2024

    Algeria is in talks with the U.S. oil giant ExxonMobil to boost its oil and gas output, according to an energy ministry statement on Tuesday. The statement said that a …

  • In the News

    Chevron’s $4 Billion Loss: What It Means for the Future of Oil

    by Victor Adetimilehin January 3, 2024
    by Victor Adetimilehin January 3, 2024

    Chevron, one of the world’s largest oil and gas companies, announced on Tuesday that it expects to take a massive hit of up to $4 billion in the fourth quarter …

  • In the News

    Harbour Energy Buys Wintershall DEA for $11.2 Billion

    by Victor Adetimilehin December 22, 2023
    by Victor Adetimilehin December 22, 2023

    Harbour Energy, the biggest producer in the UK North Sea, has announced an $11.2 billion acquisition of German oil and gas firm Wintershall DEA. The deal, expected to close in …

  • Oil & Gas

    Harbour Energy to Become Global Oil Giant with $11.2 Billion Deal

    by Motoni Olodun December 22, 2023
    by Motoni Olodun December 22, 2023

    Harbour Energy, the UK’s largest oil and gas producer, has announced a landmark deal to acquire most of the assets of Germany’s Wintershall Dea, creating one of the world’s biggest …

  • In the News

    Apache Fined for Neglecting North Sea Flare System

    by Victor Adetimilehin December 21, 2023
    by Victor Adetimilehin December 21, 2023

    The Health and Safety Executive (HSE) has slapped Apache with an improvement notice for its poor maintenance of the flaring system on its Beryl hub in the North Sea. The …

  • Oil & Gas

    Nigeria’s Gas Flaring Woes: How to Turn Waste into Wealth

    by Motoni Olodun December 21, 2023
    by Motoni Olodun December 21, 2023

    Nigeria, Africa’s largest oil producer, has been burning off its natural gas for decades, wasting a valuable resource and harming the environment. But with new policies and technologies, the country …

  • Oil & Gas

    Nigeria Secures $6 Billion Oil and Gas Deal with TotalEnergies

    by Motoni Olodun December 19, 2023
    by Motoni Olodun December 19, 2023

    Nigeria, Africa’s largest oil producer, has secured a major investment deal with French energy giant TotalEnergies. The company’s CEO, Patrick Pouyanne, met with Nigeria’s President Bola Tinubu in Abuja on …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

African Energy Chamber Urges Nigeria and Senegal to Boycott London Summit Over Race Discrimination
Liberia’s Electricity Crisis Is Getting Worse as Demand Surges Past Generation Capacity

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African Energy Chamber Urges Nigeria and Senegal to Boycott...
Liberia’s Electricity Crisis Is Getting Worse as Demand Surges...
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