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Unlocking gas opportunities and growth
Cape Town, South Africa — VUKA Group, through its media partner ESI Africa, is proud to announce the 5th Annual Southern Africa Oil & Gas Conference (SAOGC 2026), taking place 16–17 March 2026 at the […]
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Oil gains 9% as Iran says Strait of Hormuz closure to continue
*Map MideEast Strait of Hormuz. – Iran’s supreme leader says will keep Strait of Hormuz closed– Iranian boats attacked two tankers in Iraqi waters, port officials said– IEA release of 400 million barrels may offer […]
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Tinubu approves fiscal incentive to unlock $20bn Bonga project
*Bonga Southwest Aparo deepwater project. Mkpoikana Udoma Port Harcourt — President Bola Ahmed Tinubu has approved a targeted fiscal incentive package aimed at unlocking the long-delayed Bonga Southwest Aparo deepwater project, a move expected to […]
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Indian restaurants warn of shutdowns as Iran war makes cooking gas scarce
The fuel shortage comes as the U.S.-Israel war on Iran has halted ship traffic in the Gulf and the Strait of Hormuz, driving up energy prices and transport costs, hitting exports and output from Gulf […]
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Brent oil prices to remain above $95/bbl over next 2 months on Mideast conflict
Houston — Brent oil prices are set to remain above $95 a barrel over the next two months as conflict in the Middle East rages on, the Energy Information Administration said on Tuesday in its […]
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PIA: Weak governance, funding gaps threaten host community trusts
Port Harcourt — Implementation gaps, weak transparency and inconsistent funding are undermining the economic potential of Host Community Development Trusts, HCDTs, created under the Petroleum Industry Act, stakeholders warned in Port Harcourt as a new […]
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Oil price surge above $119 signals escalation from logistics shock to supply disruption
Lagos — Following a surge in Brent and WTI prices above $119 a barrel on 9 March 2026, with Brent briefly nearing $120, its highest level in almost four years. Brent crude futures climbed to […]
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Saudi Aramco’s Shaybah NGL plant upgrades will increase production to 2,400 MMSCFD
*Sarens Shaybah NGL plant upgrade activities. Lagos — As part of the improvement work undertaken at the plant, a new Dew Point Control Unit (DPCU) and a Propane Refrigeration Unit have been installed, designed to […]
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Nigeria secures fresh 2027 investment signals from TotalEnergies
*The Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri, after a meeting with TotalEnergies executives led by the company’s President, Exploration and Production, Nicolas Terraz. Mkpoikana Udoma Port Harcourt — Nigeria’s oil and […]
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NMDPRA commissions CNG refueling facility at Ile-Ife
*NMDPRA officials at the commissioning of the CNG refueling facility in Ile-Ife. Oritsegbubemi Omatseyin Lagos — The Midstream and Downstream Gas Infrastructure Fund, MDGIF, a Directorate of the NMDPRA has commissioned an integrated Compressed Natural […]