Latest Oil & Gas News
Seplat Energy 2026 Q1 revenue rises to $840.7m as gross profit hits $370.5m
Seplat Energy PLC, foremost Nigerian independent energy company listed on both the Nigerian Exchange and…
Dangote hikes petrol price as crude spikes again
The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per…
UAE announces exit from OPEC
The United Arab Emirates (UAE) says it is quitting the Organization of…
Obasanjo: Why NNPC refineries will never work again
Government-owned refineries will never work again, according to former President Olusegun Obasanjo.…
Nigeria’s crude oil output rises to 1.38mbpd in March, says OPEC
The Organisation of the Petroleum Exporting Countries has reported a modest rebound…
Nigeria, Morocco to sign agreement on $25bn gas pipeline project
Amina Benkhadra, the head of Morocco’s national office of hydrocarbons and mines…
CPPE faults World Bank’s call for petrol imports
The Centre for the Promotion of Private Enterprise (CPPE) has faulted a…
Crude oil rises 7% as Trump orders naval blockade of Strait of Hormuz
Global crude oil prices climbed by over 7 per cent on Monday…
Oil tumbles below $100 after Trump announces two-week ceasefire
Oil fell below $100 per barrel on Wednesday after U.S. President Donald…
