Oil & Gas

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) …

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 …

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 …

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 …

The General Petroleum Company (GPC) in Egypt has announced a new oil discovery in Abu Sannan area of the country’s Western Desert. The announcement was made in line with the …

Efforts by the Federal Government to raise oil production above two million barrels per day have suffered another setback. Daily oil production fell again in May, dropping from 1.68 million …

MRS Oil Nigeria Plc says it expects to make a net profit after tax of N3.95 billion in the third quarter of 2025. The company made this disclosure in its …

Uganda’s Finance Minister, Matia Kasaija, says the country’s economy is expected to grow by at least 7% in the fiscal year starting July 2025. This optimistic projection comes at a …

Gas-producing companies in Nigeria have renewed calls for the Federal Government to urgently address the N2.7 trillion legacy debt owed to them for gas supplied to electricity generation companies (GenCos). …

The British High Commission in Abuja has once again expressed its strong commitment to supporting Nigeria’s energy transition, especially efforts to cut down gas flaring and move towards a more …