Oil & Gas

Nigeria’s Petrol Depot Prices Edge Lower as AGO Market Shows Mixed Movement By Eyo Nsima Nigeria’s downstream petroleum market recorded marginal declines in Premium Motor Spirit (PMS) depot prices on Wednesday, July 1, 2026, as competition among suppliers and improving domestic supply conditions continued to influence market movements. Data from major depots across Lagos, Port […]

Sahara Group Advances Energy Journalism in Africa with $5000 Fellowship   Sahara Group, a leading international energy and infrastructure conglomerate, has unveiled the Asharami Square Energy Reporting Fellowship, committing up to $5,000 in funding, mentorship, and expert-led engagement to elevate energy journalism across Africa. The Fellowship is an extension of Asharami Square, Sahara Group’s flagship

The Gambia Signs Offshore Block A1 Petroleum Exploration Agreement with Eni   The Government of the Republic of The Gambia has signed a Petroleum Exploration, Development and Production Licence Agreement, PEPLA, for Offshore Block A1 with Eni through its subsidiary, Eni Gambia Ltd, marking a major step in the country’s efforts to deepen offshore petroleum

Sahara Group Adds 40,000 CBM Asharami Ghana LPG Carrier, Expanding Capacity for Ghana, W’Africa Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network. The dual‑fuel vessel improves operational

OPEC increases oil output as USA, Israel strike Iran By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC and allies, also known as OPEC+ has increased oil output as the United States and Israel have struck Iran, disrupting global supplies in the Middle east. Rising from its crucial virtual meeting Sunday, Saudi Arabia, Russia,

Eyesan Unveils Transformative Vision for Upstream Sector, Promises Improved Efficiency, Collaboration The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has unveiled her vision for the country’s upstream sector. This transformative vision rests on three pillars: Production optimization and revenue expansion; regulatory predictability and speed; and safe, governed and sustainable operations.

NUPRC Announces 2025 Licensing Round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2025 Licensing Round effective December 1, 2025. The Commission Chief Executive (CCE) of the NUPRC, Engineer GbengaKomolafe, made the announcement at the NUPRC’s Project 1MMBOPD Additional Production Investment Forum in London on Tuesday, November 11, 2025. Engineer

Renaissance CEO urges operational efficiency, talent upskilling at NAPE conference Renaissance Africa Energy Company Limited has called for an urgent overhaul of operational efficiency and accelerated upskilling of Nigeria’s youthful energy workforce to unlock the country’s competitive advantage in the global energy market. Speaking at the 43rd annual international conference of the Nigerian Association of

FLNG: We work with best engineering firms, others to deliver project in 2029 —- UTM   The Group Managing Director/CEO of UTM Offshore Limited, Dr. Julius Rone, disclosed that the company works with top engineering companies and other partners to execute Nigeria’s first Floating Liquefied Natural Gas (FLNG) project. He stated that the project, located