The Organisation of the Petroleum Exporting Countries (OPEC) advises Nigerian National Petroleum Company Limited (NNPCL) to…
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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…
Kenya Loses $200m Amidst Oil Dispute with Uganda
New data has shown that Kenya’s oil fallout with Uganda late last year has amounted to…
Heirs Energies Increases Daily Oil Production to 40,000bpd
Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…