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…

Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria

British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

IPR Energy Discovers Oil in Egypt

US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…

Dangote Refinery Receives Additional 1m Barrels of Crude Oil

Dangote Refinery received an additional one million barrels of crude oil yesterday. This new addition comes…

TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas

TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…

Dangote Refinery Procures 1m Crude Oil Barrels from Shell

Dangote Petroleum Refinery and Petrochemicals plant has acquired 1 million barrels of Agbami crude grade from Shell…

Norwegian Oil Companies Face Higher Investment Costs in 2024

A national statistics office (SSB) survey showed yesterday that Norwegian oil and gas companies plan to…