Oil & Gas
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Nigeria’s Oil Reforms Will Unlock $50bn Deep Offshore Investments — Tinubu
Tinubu said this on Tuesday in Abuja at the fifth anniversary of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), established…
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Oil Slides On Saudi Price Cut
West Texas Intermediate futures fell 1.8 percent to settle near $89 a barrel, while Brent closed around $100. Open interest…
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ExxonMobil Targets New Oil Discoveries In Nigeria
The Subsurface General Manager at Esso Exploration and Production Nigeria Limited, ExxonMobil’s Nigerian affiliate, Mr. Nathan Harts, who stated this…
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Iraq Seeks To Take On More Tankers For More Exports On Hormuz
According to reliable sources, state-owned Iraqi Oil Tankers Co. expects to charter at least one very large crude carrier and…
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Olokola LNG Project Set For Development As NNPCL Takes Major Action
This will add a major energy component to the emerging $7 billion maritime and industrial development taking shape along the…
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Anambra Plans Establishing Modular Refinery
The Commissioner for Petroleum and Mineral Resources, Prof Charles Ofoegbu, disclosed this on Friday, October 2, 2026, when he received…
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Oil Falls As G7 Promises Emergency Supplies
European diesel slumped more than eight percent before paring losses while US diesel futures fell as much as 5.6 percent…
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Oil Prices Soar Amid Fears Of Renewed Middle East Conflict
Oil prices rose back over the $100 mark as investors weighed a potential return to active conflict between the United…
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Tony Elumelu Acquires Additional £53.2m Shares In Seplat Energy
Chairman of Heirs Holdings, Mr. Tony Elumelu has acquired an additional six million shares in Seplat Energy Plc alued at…
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NNPCL Spent N11trn To Protect Oil Assets In 2025
The Nigerian National Petroleum Company Limited (NNPCL) says it spent N11.2 trillion in 2025 to protect oil and gas assets…
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