Oil & Gas

Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …

The Nigerian National Petroleum Company (NNPC)Limited on Tuesday said it has deactivated 395 illegal refineries in its efforts to curb oil theft in Nigeria. Mele Kyari, Group Managing Director, NNPCL, …

The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …

Egypt and Greece on Monday rejected the signing of the unity government in Libya, based on two memoranda of understanding formulated by Turkey in the field of hydrocarbon resources to …

The Organisation of Petroleum Exporting Countries(OPEC)+ will consider an oil output cut of more than a million barrels per day (bpd)  when it meets tomorrow for the first time in …

The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of the largest downstream oil and gas companies in the country, has congratulated the Nigerian National Petroleum Company Limited …

While Moroccan politicians often invoke inflation and adverse geopolitics to justify rising fuel prices, Morocco’s market watchdog is currently arguing that extortionate practices, and a lack of political will to …

Energy giant Shell Plc has acquired Nigeria-based hybrid solar power solutions provider Daystar Power, in its first acquisition of a power firm in Africa.  Founded in 2017, Daystar Power is …

Ghana earned a total of over $731.94 million from oil production in the first half of 2022. This earnings came from the three fields namely, Jubilee, TEN and Sankofa Gye …

Kenya Power has announced plans to phase out petrol and diesel-powered vehicles and motorbikes from its fleet in favor of electric ones as the country’s shift to clean transport gathers …