Petrol depot prices hit N1,950/litre, widen regional price gap By Eyo Nsima Petrol depot prices climbed as high as N1,950 per litre in some parts of Nigeria on Friday, September 4, 2026, as price disparities widened across Lagos, Port Harcourt, Calabar and Warri markets. The latest mid-day price report showed that Sahara Depot in Port
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Petrol Prices: Top 10 depots push petrol above N1,290/Litre By Eyo Nsima The price of Premium Motor Spirit (PMS), popularly known as petrol, remained elevated across major Nigerian oil trading centres yesterday, with some depots selling above N1,300 per litre. A mid-day market report for Thursday, September 3, 2026, showed that the highest PMS
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Top 10 Depots with Highest Petrol Prices as PMS Rises to ₦1,217/Litre By Udeme Akpan Petrol prices at Nigerian depots remained elevated on Friday, with the highest Premium Motor Spirit (PMS) price recorded at ₦1,217 per litre, according to the mid-day depot price report for August 28, 2026. The data showed that Matrix Depot in
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10 African Oil Producers with Lowest Drilling Activity By Eyo Nsima Africa’s oil industry is facing a widening exploration and drilling investment gap, with several petroleum-producing countries recording very low drilling activity despite their substantial hydrocarbon resources. The latest global rig count showed that Africa operated 47 active rigs in July 2026, unchanged from June,
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EDITORIAL: Africa Must Turn Oil Windfall into Lasting Wealth With Brent above $93 a barrel and Murban above $100, Africa’s oil producers have another chance to convert higher crude revenues into lasting economic gains. They must not waste it. Oil prices remain elevated, with Brent crude at about $93.11 a barrel, WTI at $85.35
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NOGC 2026 ends with push to turn discoveries into dividends The 4th Namibia Oil and Gas Conference and Exhibition (NOGC) 2026 has concluded in Windhoek with a strong call for Namibia to translate its petroleum discoveries into jobs, skills, businesses, investment and long-term national value. Held under the theme “From Decision to Dividend: Making
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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
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‘Nigeria’s Oil, Gas Growth Depends on Turning Reforms into Bankable Projects’ – TotalEnergies MD The Country Chair and Managing Director, TotalEnergies EP Nigeria Limited, Matthieu Bouyer has said Nigeria’s oil and gas industry must move beyond potential and convert ongoing reforms into concrete projects, production growth and long-term value for the country. Speaking
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
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