Ukraine reports that its drones have targeted a major refinery in Moscow
Ukraine claimed it targeted a major oil refinery supplying Moscow and its airports in a…
CORAN pushes for Naira-crude sale expansion as extension talks begin.
CORAN urges the federal government to renew and expand the naira-crude initiative as it expires…
Ukraine-Russia ceasefire could have major energy market impacts.
A Ukraine-Russia ceasefire could significantly impact energy markets, according to Rystad Energy’s Jorge Leon. He…
NNPC JV secures 20-year gas supply deal for Ssonic LNG plant.
Ssonic Petroleum awarded NNPC JV a 20-year contract to supply 80 million standard cubic feet…
Axxela justifies land purchase for Delta State gas plant project.
Axxela reaffirms its commitment to Nigeria’s gas sector and denies reports of a land dispute…
Oil tanker on fire after collision with container ship near the UK.
An oil tanker and a cargo ship collided off the UK coast, causing fires on…
Nigeria’s petrol imports hit N15.42 trillion in 2024 despite refineries.
Nigeria’s petrol imports more than doubled in 2024 despite increased refining capacity, reaching N15.42 trillion,…
Egypt Opens New Licensing Round to Enhance Exploration and Production
Egypt is ramping up efforts to attract foreign investment in its oil and gas sector…
BP Announces New Offshore Discovery in Egypt
BP recently announced a new offshore gas discovery in Egypt at the El Fayoum-5 well…
NCDMB Supports Heritage Energy’s Goal of 100,000 BPD Production
The NCDMB has pledged support for Heritage Energy’s plan to boost oil production from 45,000…