African oil and gas news: production, upstream investment, refining, licensing rounds and energy policy across producing countries.
Nigeria’s leasing industry recorded a strong growth of 23.2 per cent in 2024, pushing the value of outstanding leases to N5.17 trillion, up from N4.19 trillion in 2023. This was …
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
Rainoil Gas Limited, one of Nigeria’s fast-growing players in the downstream energy sector, has expanded its footprint with the commissioning of a new Liquefied Petroleum Gas (LPG) plant in Ore, …
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
igeria LNG Limited is set to receive a major boost in gas supply as Seplat Energy has entered into a new preliminary agreement to supply over 150,000 tons of gas …
Renaissance Africa Energy Company Limited has confirmed that it has stopped crude oil transportation through its Okordia-Rumuekpe pipeline in Rivers State after an oil spill was discovered in Ikata community, …
Oil giant ExxonMobil has announced it will invest $1.5 billion in Nigeria’s deepwater oil exploration and development over the next two years. The company said this fresh investment will be …
The former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, is currently facing serious scrutiny over how billions of dollars meant for Nigeria’s …
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …
President of Dangote Group, Alhaji Aliko Dangote, has said he is still fighting for the survival of his $20 billion refinery in Lekki, Lagos State. Dangote, Africa’s richest man, revealed …
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