Oil & Gas

Namibia invests N$160m to build oil workforce ahead of first production By Eyo Nsima Namibia has invested about N$160 million in educating and training more than 500 Namibians as the country moves from oil and gas exploration towards development and production, in a strategy aimed at ensuring that its emerging petroleum industry delivers jobs, skills […]

La nouvelle frontière pétrolière de la Namibie, riche de 11 milliards de barils, attire les investisseurs mondiaux   Alors que 129 intervenants et de grandes entreprises énergétiques se préparent pour la conférence du 18 au 20 août La Namibie se positionne comme l’une des destinations émergentes les plus prometteuses d’Afrique pour les investissements dans le

Namibia’s 11bn-Barrel Oil Frontier Beckons Global Investors *** As 129 speakers, major energy firms set for August 18–20 conference Namibia is positioning itself as one of Africa’s most promising emerging oil and gas investment destinations, with an estimated 11 billion barrels of oil and 2.2 trillion cubic feet of natural gas reserves attracting growing interest

Refiners, Producers, Investors to Converge at Nigeria Oil Refining Summit   The third edition of the Nigeria Oil Refining Summit will hold from September 28–29, 2026, at Eko Hotel and Suites, Lagos. The event, hosted by the Crude Oil Refinery Owners Association of Nigeria (CORAN), is themed “Refining for Value: Linking Upstream Supply to Downstream

Nigeria’s Fuel Prices Show Wide Regional Gaps as West Africa Eyes New Trading Hub   Nigeria’s downstream petroleum market is showing significant price differences across major trading centres, with petrol and diesel depot prices varying by as much as N48 and N593 per litre respectively, underscoring the growing importance of efficient logistics, refining capacity and

ADNOC Deepens African Energy Push, Joins AEW 2026 as Platinum Partner   Abu Dhabi National Oil Company, ADNOC, is strengthening its presence in Africa’s energy market as it joins African Energy Week, AEW 2026, as a Platinum Partner, following its planned $1 billion acquisition of Shell’s downstream business in South Africa. ADNOC, one of the

Africa’s Gas Financing Gap Deepens as Western Banks Retreat Africa’s gas industry is turning to development finance institutions, private credit and innovative risk-sharing structures to bridge a growing financing gap created by the retreat of Western commercial banks from fossil fuel projects. The shift comes as major gas developments in Mozambique, Nigeria, Senegal, Tanzania and

FG launches crude trading platform to boost local refining, position Africa for energy supply shift — As refineries cut import dependence   By Eyo Nsima The Federal Government has introduced an automated crude oil trading platform designed to connect regulators, crude oil producers, refineries and oil marketers, in a move aimed at improving crude oil

Top 10 cheapest petrol depots as competition intensifies across Nigeria By Eyo Nsima Competition among petroleum marketers intensified on Friday as several depots reduced the prices of Premium Motor Spirit (PMS), commonly known as petrol, with the cheapest products selling at about ₦1,166 per litre in Lagos. The mid-day price report for August 14, 2026,