Algeria’s Sonatrach and Nigeria’s NNPC race to boost oil, gas output and stake their claim as Africa’s top energy player.

By Yinka Coker Ufuoma Akomuvie Akpomeyoma is a Senior Seismic Interpreter, Reservoir Geophysicist, and Geohazards Expert at ...

Nigeria’s Petroleum Industry Bill was passed on 1 July, potentially ending a 13-year stalemate since it was first introduced in 2008. It is expected to radically reform Nigeria’s oil and gas industry ...

Russia has offered Pakistan stakes in its oil and gas fields in Nigeria, a move that will help secure energy supplies and ease pressure on foreign exchange.Russian energy giant Gazprom wants ...

Oil prices have sustained an upward rally as Brent Crude hit $76.10 per barrel, raising hope for higher reserves accretion, stable naira and elevated dollar liquidity, Daily Trust can report.The ...

Nigeria's president Bola Tinubu has signed an executive order designed to reduce costs and increase revenue from oil and gas projects. The new upstream petroleum operations cost efficiency ...

The construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government ...

By 2029, Nigeria seeks to unlock $30 billion in oil and $5 billion in gas investments, and the policies are anticipated to serve as a driving force behind this goal. “This recent executive order is a ...

The Nation Newspaper Nigeria targets1bcf daily gas production by 2030. Tuesday, June 24, 2025 Advertise With Us E-paper. ... Read Also:1.8mbpd crude oil, 7.4b scfd gas production excites stakeholders.

TotalEnergies signed a deal to sell its 12.5 percent stake in Nigeria's OML118, which contains the producing Bonga field, to Shell for $510 million. TotalEnergies SE has signed a deal to sell its ...

As the war between the State of Israel and the Islamic Republic of Iran enters its tenth day, experts on global affairs have ...

The project promoters include the Petroleum Technology Development Fund (PTDF), Nigerian Content Development and Monitoring ...