Oil & Gas
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Crude Rebounds to N11.20 Trillion in Q1 2026, but Nigeria’s Oil Windfall Rests on Fragile Ground
Nigeria’s crude oil exports climbed to N11.20 trillion in the first quarter of 2026, reasserting the commodity’s dominance as the…
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Seplat Energy Taps Insider Effiong Okon as CEO, Elumelu to Chair as Brown, Udoma Exit in Phased Succession
Seplat Energy Plc is entering a new leadership era, with the board announcing on Monday that Engr. Effiong Okon will…
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Shell Identifies Strategic Pathways To Advance Gas Utilisation At Abuja Business Forum
Shell Nigeria Gas (SNG) has been sharing its experiences as it pioneered gas distribution nearly 30 years ago, saying the…
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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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