TotalEnergies and QatarEnergy are amplifying their efforts to explore oil and gas in the Orange Basin…
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Dangote Plans to Set Up Oil Trading Firm – Report
Africa’s wealthiest individual, Aliko Dangote, is in the planning stages of establishing an oil trading arm,…
OPEC Urges NNPC: Boost Oil for $14 Trillion Investment
The Organisation of the Petroleum Exporting Countries (OPEC) advises Nigerian National Petroleum Company Limited (NNPCL) to…
Oil Prices Increase After OPEC+ Extends Output Cuts
Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…
Nigeria Can Produce 2.2mbpd of Oil – NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…
Insurance Companies Opt Out of East African Crude Oil Pipeline
About 28 insurance companies have opted out of the East African Crude Oil Pipeline (EACOP) project…
Saudi Arabia Chooses Energy Transition over Oil Capacity Expansion
Saudi Arabia’s energy minister has stated that the U-turn on its oil capacity expansion plans was…
TotalEnergies to Sell Stake in Nigerian Onshore Oil
TotalEnergies has stated plans to sell its minority stake in a significant Nigerian onshore oil joint…
TotalEnergies Commences Oil Production at Akpo West Field
TotalEnergies and its partners have announced the commencement of oil production from the Akpo West field…