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Oil and gas

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Navy dismantles illegal refineries, seizes vessels in March operation.

Navy dismantles illegal refineries, seizes vessels in March operation.

Posted by By Esther Udoh April 7, 2025
The Nigerian Navy seized vessels linked to crude oil theft and destroyed illegal refining sites…
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FCT Band B-E customers accuse authorities of discrimination over electricity tariffs.

FCT Band B-E customers accuse authorities of discrimination over electricity tariffs.

Posted by By Esther Udoh April 7, 2025
Electricity consumers in Nigeria’s Federal Capital Territory (FCT) have criticized the Abuja Electricity Distribution Company…
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Oil Drops Amid US-China Trade Tensions and Recession Fears

Oil Drops Amid US-China Trade Tensions and Recession Fears

Posted by By Esther Udoh April 7, 2025
Oil prices dropped 7% on Friday as China increased tariffs on U.S. goods, intensifying trade…
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Shell Revises Down First-Quarter LNG Production Forecast

Shell Revises Down First-Quarter LNG Production Forecast

Posted by By Esther Udoh April 7, 2025
Shell expects LNG output between 6.4 million and 6.8 million tons for Q1, down from…
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OPEC+ Fast-Tracks Output Hike, Oil Prices Fall

OPEC+ Fast-Tracks Output Hike, Oil Prices Fall

Posted by By Esther Udoh April 7, 2025
Eight OPEC+ countries have unexpectedly agreed to boost oil output by 411,000 barrels per day…
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Kenya, Gulf Oil Deal Extended to 2027

Kenya, Gulf Oil Deal Extended to 2027

Posted by By Esther Udoh April 7, 2025
Kenya has extended its fuel import deal with Saudi Aramco, ENOC, and ADNOC by two…
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UAE energy projects to boost AI and net zero goals

UAE energy projects to boost AI and net zero goals

Posted by By Esther Udoh April 5, 2025
TAQA and Emirates Water and Electricity Company (EWEC) are launching major energy projects to support…
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Subsea7 wins Shell’s Sparta deepwater project contract, U.S. offshore

Subsea7 wins Shell’s Sparta deepwater project contract, U.S. offshore

Posted by By Esther Udoh April 5, 2025
Subsea 7 S.A. announced a major contract win from Shell for the Sparta deepwater project…
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Ojulari Assumes NNPCL Leadership, Vows to Build on Predecessor’s Gains

Ojulari Assumes NNPCL Leadership, Vows to Build on Predecessor’s Gains

Posted by By Esther Udoh April 5, 2025
Bayo Ojulari has officially assumed the role of Group Chief Executive Officer of NNPC Ltd,…
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NNPCL Names New Leadership Team

NNPCL Names New Leadership Team

Posted by By Esther Udoh April 5, 2025
After the recent appointment of its Group Chief Executive Officer and Board of Directors, the…
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