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 …
Oil & Gas
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AfricaDevelopmentEconomyEnergyEnvironmentOil & GasPolicies
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EconomyFinance & ServicesGOVERNMENTOil & Gas
Senate Gives NNPCL One Week to Explain N210tn Financial Discrepancy
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 …
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BusinessDangote IndustriesEconomyEnergyInfrastructureLabourOil & Gas
Oil Marketers Seek Cheaper Petrol Imports Amid Rising Prices from Dangote Refinery
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 …
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AfricaDevelopmentEconomyEnergyGOVERNMENTINVESTMENTOil & Gas
Tinubu to Speak at African Energy Week in South Africa
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 …
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Banking, Finance & InvestmentEconomyFinance & ServicesInsuranceMarketsNigeriaOil & Gas
Nigerian Stock Market Gains N1.18tn in One Day as Insurance
The Nigerian Exchange (NGX) closed strong on Wednesday, 19 June 2025, with investors showing renewed interest in insurance and oil and gas stocks, pushing the market capitalisation up by ₦1.18 …
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Business and EconomyDevelopmentEastern AfricaEnergyInfrastructureInternational RelationsNewsOil & Gas
Uganda, Tanzania, Zanzibar Sign Oil and Energy Deal
The governments of Uganda, Tanzania, and Zanzibar have signed a tripartite Memorandum of Understanding (MoU) aimed at strengthening cooperation in the petroleum and energy sectors. The signing ceremony took place …
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has directed that all crude oil and petroleum product exporters must obtain an export permit, vessel clearance, and a Unique Identification Number (UIN) …
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AfricaDevelopmentEducationEnergyInternational RelationsNigeriaOil & Gas
Loughborough University Partners with PTDF to Expand Scholarships for Nigerian Students
Loughborough University, a top-ranking institution in the United Kingdom, has begun discussions with Nigeria’s Petroleum Technology Development Fund (PTDF) to widen scholarship opportunities for Nigerian students. The focus of this …
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Nigeria’s main crude oil grades — Bonny Light, Brass River, and Qua Iboe — jumped above $77 per barrel on Friday and kept their rise up to Sunday. The price …
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DevelopmentEducationEnergyInfrastructureOil & GasTechnology
TotalEnergies, SLB Empower Ugandan Universities with $200,000 Oil & Gas Training
Kampala, Uganda – Uganda’s oil and gas education landscape has received a major boost as TotalEnergies EP Uganda and global oilfield services company SLB (formerly Schlumberger) handed over high-end computer …