Category: Oil & Gas
EIL clinches $350m deal to drive major expansion at Dangote Refinery
The latest expansion is expected to elevate the Dangote complex to the status of the world’s largest petroleum refinery.
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
At a time when global investment is increasingly selective, Nigeria’s reform-led approach is restoring confidence in its upstream sector.
Global oil prices slide as supply glut, weak demand and power politics reshape the World economy
In sum, the current drop in global oil prices is driven by a fundamental mismatch between abundant supply and restrained demand.
Nigeria leading Africa’s oil and gas investment destinations
Nigeria remains Africa’s largest and most active oil and gas market, distinguished by the scale of its reserves, the depth of its infrastructure, and the breadth of recent regulatory reform.
Dangote raises alarm over ‘organised sabotage’ in oil sector, says refinery lost $82m
That is why we have more security personnel than workers. You should ask anyone who has built a modular refinery in Nigeria if they have not experienced theft,
NNPC E&P hits 355,000 bpd, achieves highest oil production since 1989
The milestone marks a significant step forward for Nigeria’s upstream sector and reflects the company’s ongoing transformation anchored on efficiency and discipline.
Chevron hails NUPRC’s reforms, confirms participation in 2025 oil licensing round
Chevron has enjoyed a full year without incidents of sabotage, marking its longest stretch without oil theft or pipeline attacks.
West African ministers push for deeper energy integration, call for accelerated regional power market
The summit continues in Accra with further discussions on regulatory harmonisation, transmission financing, and building a unified West African electricity grid.
NNPC’s big profit: But will Nigerians really benefit?
If NNPC wants these profits to actually benefit the masses, the money needs to fund concrete steps: run the refineries, ensure stable fuel and gas supply, invest in infrastructure, and commit to genuine transparency.
TotalEnergies expands global exploration partnership with Chevron
This new joint venture aims at derisking and developing new opportunities in Nigeria, in line with the objectives of the country.