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[ May 4, 2026 ] Dangote pushes direct supply, warns on pricing pressure News
[ May 4, 2026 ] Atiku slams Tinubu reforms, says Nigerian workers bear hardship News
[ May 3, 2026 ] NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price News
[ May 3, 2026 ] NUPRC moves to boost domestic gas supply with NLNG push News
[ May 2, 2026 ] Rivers workers decry pension crisis, demand reforms amid economic hardship News

GECF launches 9th edition of Global Gas Outlook 2050

*Headquarters of the Gas Exporter Countries Forum in Doha, Qatar – Highlighting Africa’s natural gas potential Cape Town, South Africa — The Gas Exporting Countries Forum (GECF) has released the 9th edition of its Global […]

Canada’s Whitecap, Veren announce $10.4 billion merger to form major shale producer

Whitecap Resources and Veren today announced a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The all-share deal holds a value […]

MODS wins contract to deploy software for global offshore asset management

MODS, a leading provider of intelligent industrial asset management software, has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies. The agreement will see MODS’ new client implement […]

PETROAN demands fair competition, price stability in Nigeria’s downstream sector

Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has called for urgent measures to ensure healthy competition and price stability in Nigeria’s downstream sector, warning that monopoly and […]

Oil declines for seventh week amid tariffs, Ukraine truce talks

(Bloomberg) – Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets. […]

Nigeria’s LNG sector gets boost as NNPCL signs major gas deal

*Managing Director, NNPC Gas Marketing Limited, NGML, Justin Ezeala and CEO of Ssonic Petroleum Ltd, Ifeoma Douglas, sign an 80mscf gas supply agreement for the proposed LNG plant in Lekki FTZ. Mkpoikana Udoma Port Harcourt […]

DNO to acquire Sval Energi, quadrupling North Sea oil output

Norwegian oil company DNO has reached an agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million (USD) based on an enterprise value of $1.6 billion. The Sval Energi […]

Egypt’s oil & gas prospects soar with new licensing opportunities

Headquarters of the Egyptian Natural Gas Holding Company in Cairo. Cape Town, South Africa — Egypt’s energy sector is experiencing a new wave of optimism as the country steps up efforts to attract foreign investment […]

ADNOC looks to purchase U.S. natural gas fields as part of expansion strategy

(Bloomberg) – The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the […]

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African national oil companies (NOCs) partnering with independents to drive E&P

Africa’s national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial privatization, transferring their regulatory roles to independent entities and acquiring more […]