Angola’s Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo announced that the country’s next licensing round will be opened by Q4,…
Category:
Oil and Gas
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Oil and Gas
African petroleum producers organization to finalize launch date for Africa Energy Bank at next ministerial meeting
Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO) has said that the launch date for the Africa Energy…
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Oil and Gas
Indian Oil Corp buys 2m barrel of Nigeria crude as crude oil falls on signs of weak demand
Top Indian refiner Indian Oil Corp has skipped the purchase of U.S. oil in its latest tender and instead bought 2 million…
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The gasoline unit at Nigeria’s 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, industry monitor IIR Energy told…
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Oil prices fell Thursday as expectations grew that the Organization of the Petroleum Exporting Countries (OPEC) and its allies could agree to…
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In the global commodity market on Tuesday, prices of crude oil climbed over escalating tensions between Russia and Ukraine renewed supply concerns…
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Russia and China have signed a legally binding memorandum for the construction of a new gas pipeline through Mongolia to China. Alexei…
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Oil and Gas
Nigeria signs deepwater oil contract with TotalEnergies as oil rises on weaker dollar and Russian supply disruptions
Nigeria has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic Petroleum for two offshore blocks, in a step…
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Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s gas flaring has fallen to 7.16 per cent in July 2025, while daily gas…
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Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world’s largest oil market, and possible behind-the-scenes…
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Oil prices tracked lower on Thursday as new US tariffs on India fueled trade concerns and expectations of weaker fuel demand with…
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In the global commodity market, prices of crude oil were under pressure early Wednesday due to diplomatic efforts toward peace in the…
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Enforcing its zero tolerance for auto crashes, the Dangote Articulated Trucks Drivers Training School (DATDTS), in collaboration with the Federal Road Safety…
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Oil prices fell 2% on Tuesday, erasing gains from the previous session, as investors watched developments around U.S. tariffs, the war in…
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In the global commodity market, prices of crude oil increased during early hours on Monday as supply concerns emerged following Ukraine’s drone…