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Oil and Gas

Home » Oil and Gas » Page 9
Africa Hits Record Gas Consumption, Driven by Nigeria’s Gas-to-Power Project

Africa Hits Record Gas Consumption, Driven by Nigeria’s Gas-to-Power Project

Posted by By Esther Udoh April 16, 2025
The Gas Exporting Countries Forum (GECF), in its 2025 Annual Gas Market Report, projects a…
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Nigeria, Other Nations Facing Decline in Hard Currency Earnings Due to Falling Oil Prices

Nigeria, Other Nations Facing Decline in Hard Currency Earnings Due to Falling Oil Prices

Posted by By Esther Udoh April 16, 2025
The recent sharp drop in oil prices, driven largely by U.S. President Donald Trump’s tariffs,…
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Seplat installs 850MMscfd gas plant to boost local supply.

Seplat installs 850MMscfd gas plant to boost local supply.

Posted by By Esther Udoh April 15, 2025
Seplat Energy has installed over 850MMscfd of gas infrastructure to boost Nigeria’s domestic supply and…
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Army uncovers 11 illegal oil sites across Akwa Ibom, Bayelsa, Delta, and Rivers

Army uncovers 11 illegal oil sites across Akwa Ibom, Bayelsa, Delta, and Rivers

Posted by By Esther Udoh April 15, 2025
The Nigerian Army uncovered 11 illegal oil bunkering sites and made key seizures during a…
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Major Impact Expected from OPEC+ Policy Adjustment

Major Impact Expected from OPEC+ Policy Adjustment

Posted by By Esther Udoh April 14, 2025
In a recent report to Rigzone, Standard Chartered Bank analysts, led by Commodities Research Head…
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Modion Communications Recognized as Top PR Agency in Oil & Gas by Energy Times

Modion Communications Recognized as Top PR Agency in Oil & Gas by Energy Times

Posted by By Esther Udoh April 14, 2025
Modion Communications, a leading Pan-African PR consultancy based in Nigeria, has been named Outstanding Oil…
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“Fitch: Nigeria’s Energy Reforms to Sustain Surplus”

“Fitch: Nigeria’s Energy Reforms to Sustain Surplus”

Posted by By Esther Udoh April 14, 2025
Fitch Ratings has upgraded Nigeria’s long-term foreign-currency rating to ‘B’ with a Stable Outlook, citing…
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JP Morgan Warns Nigeria’s Exchange Rate at Risk Due to Falling Oil Prices

JP Morgan Warns Nigeria’s Exchange Rate at Risk Due to Falling Oil Prices

Posted by By Esther Udoh April 12, 2025
JP Morgan Chase has raised concerns over Nigeria’s exchange rate, warning that a continued drop…
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Nigeria Unveils Oil and Gas Reserves Data, Promises Industry Expansion

Nigeria Unveils Oil and Gas Reserves Data, Promises Industry Expansion

Posted by By Esther Udoh April 12, 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reaffirmed its commitment to improving the upstream oil…
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Nigeria, OPEC Nations to Respond with Actions Amid Falling Oil Prices”

Nigeria, OPEC Nations to Respond with Actions Amid Falling Oil Prices”

Posted by By Esther Udoh April 12, 2025
Nigeria is joining other oil-producing nations to take action against the ongoing decline in oil…
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