Oil & Gas

Nigeria’s crude oil production rose to 1.459 million barrels per day, bpd, in January 2026, according to data submitted by the country to the Organisation of the Petroleum Exporting Countries, …

Dangote Petroleum Refinery has announced that it has reached a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit, CDU, and Motor Spirit, MS, production …

Brazil’s state-owned oil company, Petrobras, has marked a strategic return to the African oil and gas sector with the acquisition of a 42.5 per cent stake in an offshore oil …

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a major turnaround maintenance programme on the Bonga Floating Production Storage and Offloading (FPSO) vessel, a development expected to temporarily …

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has again increased the pump price of Premium Motor Spirit (PMS), marking the second adjustment within 48 hours and deepening concerns over …

Eight major manufacturing companies in Nigeria spent a combined N1.01 trillion on energy and raw materials in the nine months ended September 30, 2025, representing a 21.1 per cent increase …

Nigeria’s downstream petroleum sector is facing a major shift as members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) raise concerns over persistently low activity levels across …

TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …

The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …

Africa’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …