Dangote Group has entered into a contract valued at more than $350 million with Engineers India Limited (EIL) for the
Nigeria’s delayed 50-block oil licensing round is unfolding at a moment when the upstream sector is showing early but tangible
Nigeria’s crude oil production declined marginally to 1.422 million barrels per day (bpd) in December 2025, down from 1.436 million
TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris Resources JV Co. Ltd to divest its
Nigeria’s spending on imported refined petroleum products declined sharply by 54% over two years, falling from $14.58bn in the first
Nigeria’s petroleum regulatory framework was deliberately redesigned by the Petroleum Industry Act (PIA) to separate oversight along the oil and
Levene Energy Development Limited has secured a $64 million Acquisition Finance Facility to support its equity commitment to Bluecore Gas
Nigeria’s former LNG executive Philip Mshelbila has formally assumed office as Secretary General of the Gas Exporting Countries Forum (GECF),
Nigeria’s oil and gas regulators have moved to tighten coordination as the country prepares for a new licensing cycle, with
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy
Seplat Energy Plc on Tuesday made history on the Nigerian Exchange (NGX), becoming the first listed stock to close above
U.S. authorities have seized two oil tankers accused of violating American sanctions on Venezuela, including one vessel flying a Russian
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