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[ February 27, 2026 ] Ex-NNPC official jailed in US for $2.1m bribe News
[ February 27, 2026 ] MDGIF courts India’s IGL to deepen Nigeria gas infrastructure News
[ February 26, 2026 ] A regulatory and compliance guide for Cameroon’s 2026 licensing round News
[ February 25, 2026 ] Eyesan promises enhanced transparency, digital transformation at NUPRC News
[ February 25, 2026 ] NNPC Ltd unveils ambitious gas master plan News

Nigerians initiate class action lawsuit to recover $533m oil revenue

*Crude oil vessel. – Says 2.4mb of oil illegally exported to the US between 2011 and 2014 Lagos — A group of Nigerians working across borders have initiated moves to institute a class action lawsuit […]

Nigerian President advised to sell state oil assets

*President Bola Tinubu Lagos — Nigeria’s state energy company should sell off assets including stakes in oil blocks to raise billions of dollars, a report prepared for the country’s new president proposes. The Nigerian National […]

Russia can meet domestic gasoline demand, energy minister says

*Nikolai Shulginov, Russia’s Energy Minister Moscow — Russia’s energy minister Nikolai Shulginov said on Friday that there was enough gasoline to meet Russian domestic demand, downplaying the possibility of restrictions on exporting the fuel. Last […]

US drillers cut oil and gas rigs for seventh week in a row

*US rig count News wire — U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row for the first time since July 2020, […]

Oil heads for weekly gain as supply cuts balance demand concerns

*Oil prices – China’s May refinery runs hit second-highest total on record– Potential supply deficit in focus as OPEC+ cuts kick in– Russia says ‘realistic’ for oil prices to reach $80/bbl– Bank of England expected […]

Iran’s oil exports hit 5-year highs as US holds nuclear talks

*A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf. REUTERS/Raheb Homavandi – Iranian oil output holds at 3 million bpd – source– Crude exports exceed 1.5 million […]

Nigeria regains position as Africa’s biggest oil producer

…Pushes Libya to second place *Oil production Lagos — The Organization of the Petroleum Exporting Countries, OPEC, says Nigeria’s oil production increased by 185,000 barrels per day, bpd, to 1.184 million bpd in May 2023. […]

Amarinth gets order of API 610 pumps for another North Sea project

With the renewed interest in the exploitation of the remaining North Sea oil and gas reserves, Amarinth has secured another major order, this time for API 610 12th Edition OH2 horizontal centrifugal pumps. The produced […]

Nigerian authorities restore immigration documents of Brown, Seplat Energy CEO

*Roger Brown, Seplat Chief Executive Officer Lagos — Seplat Energy says the Ministry of Interior and the Nigeria Immigration Service, NIS, have restored the working permit, combined expatriate residence permit and aliens card, CERPAC, and […]

New CEO to boost Shell dividend, keep oil output steady

*Wael Sawan, Shell’s Chief Executive Officer. London — Shell (SHEL.L) will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan’s efforts to regain investor confidence […]