The International Monetary Fund (IMF) forecasts that oil and gas prices could rise by 100% and 200%, respectively, in 2026-2027
Global oil prices spiked sharply on Monday, April 13, 2026, as escalating geopolitical tensions in the Middle East rattled energy
Nigerian energy company Oando has unveiled plans to raise up to $750 million to finance an aggressive drilling campaign aimed
The World Bank’s call for Nigeria to reopen petrol imports has sharpened a central policy dilemma: how to build refinery-led
Nigeria is facing renewed pressure to reassess its fuel supply strategy after the World Bank warned that current restrictions on
ExxonMobil has signalled a potential return to large-scale capital deployment in Nigeria’s upstream sector, with plans for a final investment
The African Export-Import Bank (Afreximbank) has reaffirmed its role as a cornerstone financier of African industrialisation, announcing support for Dangote
OPEC+ member countries have expressed serious concerns over the damage caused by attacks on energy infrastructure, amid ongoing oil shortages
Saudi Arabia has hiked the price of its flagship Arab Light crude loading for Asia in May to a record-high
Seplat Energy workers have commenced an indefinite strike, raising concerns over potential disruptions to output at a time of rising
President Bola Ahmed Tinubu has appointed Professor Shuaibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology Development
Nigeria’s upstream oil and gas regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has announced that the country’s total oil
Get notified about new articles
