Namibia Beats South Africa in Green Steel Production Race
In a significant development for Africa’s green energy sector, Namibia’s HyIron Oshivela plant has successfully produced green hydrogen, leapfrogging South…
Pipeline Vandalism Strikes Niger Delta: 24-inch Gas Pipeline Damaged in Bayelsa
A major gas pipeline in Nigeria’s oil-rich Niger Delta region has been damaged in what officials describe as “criminal damage…
ExxonMobil Projects Higher Q1 Earnings Due to Refining Margins
Oil major ExxonMobil expects its first-quarter earnings to rise by up to $2 billion compared to Q4 2024, driven by…
Brent Crude Price Expected to Crash on OPEC Supply Decision
In a significant market development, oil prices have dropped to $65 per barrel from nearly $70, following OPEC’s decision to…
BREAKING: NNPCL Secures Major Crude Export Deal—Boosts Nigeria’s Economic Outlook!
Abuja, Nigeria – The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in its export strategy by…
BREAKING: Oil Prices Set to Plunge—Goldman Sachs Slashes Forecast Amid OPEC Moves & Trade War
Global Oil Markets – In a dramatic shift, Goldman Sachs has slashed its oil price forecast, citing rising OPEC+ supply…
BREAKING: Tinda Energy, Complant Ink Deal to Power Congo with 56MW Solar Plant!
Republic of Congo – In a major leap toward energy transformation, Tinda Energy has signed an Engineering, Procurement and Construction…
P-CNGi, LNG Arete Partner on $27.3 Million Gas Plant in Kogi
The Presidential Compressed Natural Gas Initiative (P-CNGi) has partnered with LNG Arete Ltd. to establish a $27.3 million mini-LNG gas…
Seplat Energy Becomes EITI Supporting Company
Seplat Energy Plc, Nigeria’s leading indigenous energy company, has officially joined the Extractive Industries Transparency Initiative (EITI) as a Supporting…
Oil Down by $10, New Headache for Nigeria’s Economy
Nigeria’s economy is facing a fresh round of challenges as international crude oil prices have slumped by $10 per barrel,…
Nigerian Government to Commission CNG Distribution, Refueling Stations Across the Country
The Nigerian government, through its Compressed Natural Gas (CNG) Initiative, has announced April 25, 2025, as the official date for…
Heirs Energies to Boost Oil Output with Well Reactivation
Igiehon revealed that Heirs Energies operates OML 17 in Southeastern Nigeria, which the company acquired from Shell in 2021. Remarkably,…
Namibia, Russia Discuss Nuclear Energy Cooperation
Namibia, one of the world’s major uranium producers, is actively exploring enhanced cooperation opportunities with Russia, a global leader in…
Congo’s Refinery Modernization Set for 2025-2026 Launch
The second phase of the Congolaise de Raffinage (CORAF) refinery modernization project is scheduled to begin between 2025 and 2026,…
TotalEnergies Eyes Issuing N$45 Billion Subsea Contracts Offshore Namibia
In a development of considerable significance for Namibia’s emerging oil and gas sector, TotalEnergies has revealed the extraordinary scale of…
Asia Set to Receive More Fuel Oil from Nigeria’s Dangote Refinery
Singapore, Asia’s prominent oil hub, is anticipated to receive increased volumes of fuel oil from Nigeria’s Dangote refinery in April,…
Nigeria Cautiously Moves To Invoke PIA Provisions Against Moribund Oil Field Operators
Nigeria is preparing to enforce Section 94 of the Petroleum Industry Act (PIA), which grants operators a three-year period to…
Kenya to Launch Oil & Gas Licensing Round in September
Kenya is poised to initiate its first oil and gas licensing round in September 2025, according to a recent announcement…
XRG Enters Mozambique LNG Market with Area 4 Stake
XRG, the global investment arm of the Abu Dhabi National Oil Company, has successfully acquired Galp’s 10% interest in the…
Nigeria Prioritises Brownfield Developments to Boost Production
Nigeria is increasingly focusing on developing its brownfield assets as a strategy to enhance oil production. This approach can yield…