Oil & Gas
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The N680bn Lesson: How Elumelu Turned Five Months in Seplat Into a Blueprint for African Capital
Five months ago, $500m bought you a seat at Seplat’s table. Today, it buys you a masterclass in how to…
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Ceasefire Uncertainty Remains the Biggest Driver for Oil Markets – OIR 020626
The global oil market is increasingly being shaped by geopolitics rather than pure supply-demand fundamentals. While OPEC+ continues its measured…
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When Debtors Strike Banks Back: Inside Nestoil’s ₦2.9trn Loan Debacle
The public spat between Nestoil Limited and three of Nigeria’s systemically important banks – Access, First Bank, and UBA –…
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OPEC+ Hikes Oil Production Quotas
Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed…
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NNPC Limited Records Major Breakthrough with Successful River Niger Crossing on OB3 Gas Pipeline
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing…
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NNPC Limited Records Major Breakthrough with Successful River Niger Crossing on OB3 Gas Pipeline
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing…
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EXCLUSIVE: Former Nigerian Oil Minister Diezani Branded A Fraud In UK Court As Prosecutor Says ‘You Are Lying To This Jury’
Lead prosecutor Alexandra Healy KC stood just feet from the witness box, stripping away Diezani’s carefully crafted image of a…
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Nigeria’s Crude Oil Output Hits Five-Year High of 1.71 Million Bpd, NNPC Says
Nigeria’s crude oil production rose to 1.71 million barrels per day between April 2025 and April 2026, the highest level…
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Brent Holds at $105 as Iran Talks Temper Rally – OIR 240426
This week’s $15 surge to $105 Brent is less a price discovery than a stress test of the post-1970s energy…
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NNPC Refineries Will Never Work Again, Says Obasanjo
As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and…
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