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Oil and Gas Archive
Crude, gas, refining, energy pricing, and world supply stories that define the oil-and-gas desk.
Oil and Gas
Aug 15, 2026 • By Yakubu Ibrahim
THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is working with industry stakeholders on a proposed domestic crude oil and gas swap arrangement aimed at lowering costs and improving the supply…
Oil and Gas
Aug 14, 2026 • By Yakubu Ibrahim
PRESIDENT Bola Tinubu has assured the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) that his administration…
Oil and Gas
Jul 30, 2026 • By Yakubu Ibrahim
SEPLAT Energy Plc has agreed to divest a 10 percent working interest in the NNPCL/Seplat Joint Venture to…
Oil and Gas
Jul 27, 2026 • By Yakubu Ibrahim
GLOBAL oil prices dropped sharply by more than 6 percent in early Asian trading on Monday after the…
Oil and Gas
Jul 21, 2026 • By Yakubu Ibrahim
THE Nigerian government says 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round…
Oil and Gas
Jul 14, 2026 • By Yakubu Ibrahim
AFRICA’S largest refinery has begun pricing its refined petroleum products in U.S. dollars after failing to secure enough…
Oil and Gas
Jul 10, 2026 • By Yakubu Ibrahim
TANZANIAN billionaire and MeTL Group President, Mr Mohammed Dewji, has expressed readiness to invest $100 million in Aliko…
Oil and Gas
Jul 9, 2026 • By Yakubu Ibrahim
EXXONMOBIL and its joint venture partners have committed $1 billion to the Usan Infill development project in Oil…
Oil and Gas
Jul 8, 2026 • By Odinaka Anudu
Oando Plc ended the 2025 financial year with negative shareholders’ equity of N566.97 billion after total liabilities rose…
Oil and Gas
Jul 3, 2026 • By Yakubu Ibrahim
NIGERIA’S 2026 budget may come under renewed pressure after global financial services firm Citi projected that Brent crude…
Oil and Gas
Jul 2, 2026 • By Yakubu Ibrahim
THE Nigerian National Petroleum Company (NNPC) Limited has dismissed suggestions that the Warri Refinery and Petrochemicals Company should…
Banking and Finance
Aug 17, 2026