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  • In the NewsMarketsOil & Gas

    NNPC Revenue Falls to N3.09tn as Oil Output Drops

    by Ikeoluwa Juliana Ogungbangbe September 3, 2026
    by Ikeoluwa Juliana Ogungbangbe September 3, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, recorded a significant decline in revenue in July 2026 as lower crude oil production and operational disruptions affected its financial performance. …

  • In the News

    TotalEnergies Nigeria Records Revenue Drop in Q1 2026

    by Oluwatosin Racheal Alabi April 30, 2026
    by Oluwatosin Racheal Alabi April 30, 2026

    KEY POINTS TotalEnergies Marketing Nigeria Plc has reported an 11 per cent decline in revenue for the first quarter ended March 31, 2026, reflecting continued pressure in Nigeria’s downstream oil …

  • In the NewsMarketsOil & Gas

    Oando Signals Delay in 2025 Audited Financial Results Over Post-Acquisition Systems Integration

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    KEY POINTS Oando Plc has announced that it may be unable to publish its audited financial statements for the 2025 financial year by the March 31, 2026 regulatory deadline due …

  • In the NewsMarketsOil & Gas

    Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

  • Markets

    Ghana’s Oil Boom Fizzles Out as Revenue Plummets in 2023

    by Motoni Olodun February 9, 2024
    by Motoni Olodun February 9, 2024

    Ghana, once hailed as a rising star in Africa’s oil industry, has seen its fortunes dwindle in the past year as global oil prices collapsed and the coronavirus pandemic hit …

  • Oil & Gas

    US Shale Oil Boom Threatens Nigeria’s Oil Revenue in 2023

    by Motoni Olodun December 8, 2023
    by Motoni Olodun December 8, 2023

    Nigeria, one of the largest oil producers in Africa, is facing a potential threat to its oil revenue as the US shale oil industry is expected to rebound in 2023. …

Latest Stories

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  • TotalEnergies Backs Nigeria’s Energy Growth With New Gas Projects
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  • Africa Energy Bank to start financing projects in 2027, APPO secretary general says

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Nigeria’s Oil Boom: Record Production in September 2023

Oil heads for weekly gain as Middle East ship attacks keep Brent above $105
ALNAFT offers seven onshore blocks to investors at African Energy Week in Cape Town

Latest Stories

Oil heads for weekly gain as Middle East ship...
ALNAFT offers seven onshore blocks to investors at African...
TotalEnergies Backs Nigeria’s Energy Growth With New Gas Projects

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