Africa Oil Releases Financial Results for Q3 2023

Africa Oil Corp. has announced its operating and interim condensed consolidated financial results for the three…

Nigeria, Saudi Partner to Boost Tech in Oil and Gas Sector

The Federal Government and the Kingdom of Saudi Arabia have signed a deal to boost technical…

NNPC Restores 275,000bpd of Oil, Resolves Workers Strike

NNPC Ltd restored 275,000 bpd (barrels per day) at its joint venture with Total Energies, resolving…

Masters Energy Canvasses for Increased Gas Production

Masters Energy Oil & Gas Limited has advocated for increased gas production and availability in the…

Westmount Energy Projects High Investments in Oil Sector

Westmount Energy Limited projects investment in the oil sector ‘upstream’ segment to reach its highest level…

UNEP’s Report Exposes Fossil Fuel Production

UNEP’s stark report before COP28 reveals a stark disconnect indicating that 2030 global fossil fuel production…

Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts

Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…

Nigeria Loses N2.3tn to Crude Oil Theft in 2023

The Senate disclosed yesterday that Nigeria had lost N2.3 trillion to crude oil theft this year.…

Oando to Participate in Africa Oil Week

Oando Plc has announced plans to participate in the Africa Oil Week (AOW), which begins today…

IOCs to Invest $55 Billion in Nigeria’s Oil and Gas

Major International Oil Companies (IOCs) in Nigeria are considering an investment of over $55 billion in…