Oil & Gas

Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …

The Nigerian Airspace Management Agency (NAMA) has issued a serious warning to oil and gas companies operating in the country, accusing them of failing to comply with the mandatory $300 …

Heirs Energies Limited and Renaissance Africa Energy Company have announced a strategic partnership aimed at strengthening Nigeria’s oil and gas sector through indigenous leadership, local capacity development, and innovation. This …

Petrol pump prices rose sharply across the country on Monday, with filling stations operated by the Nigerian National Petroleum Company Limited (NNPCL) adjusting their rates to N945 per litre in …

Construction of the East African Crude Oil Pipeline (EACOP) has now reached 62 percent completion, with officials confirming that the entire project will be ready by June 2026. This was …

Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …

Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called on African countries to unite and form a strong regional partnership to develop the continent’s vast natural gas …

The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …

Oil marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), commonly known as petrol, as they try to remain in business and …

President Bola Ahmed Tinubu will deliver a keynote address at the 2025 edition of African Energy Week (AEW) in Cape Town, South Africa. The event, which will take place in …