Tullow Oil to Sell Gabonese Assets for $300 Million to State Hydrocarbon Firm
Tullow Oil plc has signed a binding agreement with Gabon Oil Company to sell its subsidiary, Tullow Oil Gabon SA,…
NLNG Reinforces Commitment to Nigeria’s LPG Market Stability
The Nigerian Liquefied Natural Gas (NLNG) Limited is introducing new initiatives aimed at ensuring long-term price stability and sustainability in…
NNPC’s Forward Oil Sales Reach $21.5 Billion, Strain Domestic Supply
A newly obtained document from THISDAY reveals that the Nigerian National Petroleum Company Limited (NNPCL) has accrued $21.565 billion in…
Federal Committee to Decide on Naira-for-Crude Extension
The Federal Government Committee overseeing the sale of crude oil in naira to local refineries is set to deliberate today…
Marketers Shun Dangote Refinery, Opt for Fuel Imports
Despite Dangote Refinery’s confirmation of having billions of litres of fuel available for sale, marketers have opted to import over…
Niger Delta Monarchs Endorse Pipeline Surveillance Contract Renewal, Advocate for Stability in Oil Sector
Abuja – The Association of Niger Delta Monarchs of Nigeria (ANDMON) has publicly endorsed the federal government’s decision to renew…
Trans-Niger Pipeline Explosion: Renaissance Redirects Crude Flow Through Alternative Route
Renaissance Africa Energy Company Limited has implemented a temporary rerouting of crude oil transportation following an explosion and rupture of…
Swedish Firm Renetech Explores Biogas Development in Lagos
Renetech Renewable Energy Technologies, a leading Swedish energy company, has initiated discussions on establishing a biogas plant in Lagos as…
ReconAfrica Advances Spudding Goal for Namibia’s Onshore Prospect I
ReconAfrica is progressing with preparations for the spudding of Prospect I in Namibia, having completed initial surveying activities and debushing.…
Namibia Prepares for Offshore Oil & Gas Licensing Round and Drilling Campaign
The African Energy Chamber (AEC) has highlighted Namibia’s upcoming offshore oil and gas licensing round, with plans to drill seven…
Petrobras Expands Exploration into Africa with 2025 Drilling Campaign
Brazilian multinational Petrobras is intensifying its African exploration activities, with drilling projects planned for São Tomé and Príncipe and South…
South Africa Completes Technical Work for Gas Master Plan
South Africa’s Department of Mineral and Petroleum Resources (DMPR) has finalized technical modeling for the Gas Master Plan, a policy…
South Africa’s SAPREF Refinery Aims for 600,000 BPD Production Capacity
South Africa’s Central Energy Fund (CEF) has unveiled plans to significantly increase the capacity of the SAPREF refinery following its…
Angola Boosts Capacity Building in Oil and Gas Industry
Angola is actively investing in capacity-building initiatives to strengthen its oil and gas sector, enhance local participation, and support long-term…
Renergen Begins Commercial Production of Liquid Helium in South Africa
South African natural gas and helium producer Renergen has officially commenced commercial sales of liquid helium, marking a significant milestone…
First Green Hydrogen Produced in Sub-Saharan Africa Using Chinese Electrolysers
HyIron’s Oshivela project in Namibia has successfully produced the first batch of green hydrogen in sub-Saharan Africa, utilizing 12MW of…
FG to Inject N400 Billion into Gas Infrastructure Development
The Federal Government of Nigeria is set to release an additional N400 billion for gas infrastructure projects within the next…
Oando Plc’s Market Value Declines to N600 Billion Amid Sell-Off
Oando Plc has seen a steep decline in its market valuation, plummeting by approximately 51% from its peak on the…
Port Harcourt Refinery Fully Operational, Says NNPC
The Nigerian National Petroleum Company Limited (NNPC) has confirmed that the Port Harcourt Refining Company (PHRC) is fully operational following…
DOF Group Secures Major Subsea Contract, Deploys Six Vessels to Africa
Norwegian offshore supply vessel operator DOF Group has landed a substantial subsea umbilical, riser, and flowline (SURF) contract for an…