Oil & Gas
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Local refiners records lower crude supply in Q1, 2026
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed crude supply shortage to local refineries in the first quarter of…
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Dangote Refinery Raises Petrol Price To N1,350/Litre
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) from N1,275 to N1,350 per litre. The new…
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Trump to halt Hormuz operation to strike deal with Iran
United States President Donald Trump has mulled move to pulse the US military operation to escort ships through the Strait…
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African oil producers reject advocacy against fossil fuel development
African oil producers are resisting pressure from climate activists seeking transition to cleaner energy which could lead to abandonment of…
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EU chief advocates end to new oil & gas drilling
European Union (EU) Climate Action Commissioner, Wopke Hoekstra has backed an end to new new fossil fuel drilling to create…
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Seplat Energy grows 2026 Q1 revenue to $840.7m
Seplat Energy Plc has announced its unaudited results for the for the three months ended 31 March 2026, declaring US…
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NNPC completes OB3 pipeline crossing at River Niger
The NNPC Gas Infrastructure Company (NGIC), a subsidiary of Nigerian National Petroleum Company Limited (NNPCL), has successfully completed the River…
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US imposes new sanctions on Iran oil sector
The United States has said it is tightening sanctions against Iran’s oil sector as Tehran keeps up its closure of…
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PENGASSAN urges women to play major role in Nigeria’s oil & gas sector
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr Festus Osifo has urged Nigerian women…
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NMDPRA approves F-500 agent for oil depots, pipelines
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has approved the F-500 Encapsulator Agent fire suppressant for use across midstream…
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