Oil and Gas
NUPRC Opens 2026 Licensing Round, Puts 40 Oil and Gas Blocks Up for Bidding
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened the 2026 oil and gas licensing round, offering 40 blocks across land, shallow-water and...
US Supreme Court Weighs Oil Companies’ Bid to Block Climate Lawsuit
The US Supreme Court on Monday heard arguments over whether ExxonMobil and Suncor Energy can stop a climate lawsuit brought by officials in...
Chevron Promotes CFO Eimear Bonner to Lead Oil and Gas Operations
Chevron has announced a major leadership reshuffle that will move Chief Financial Officer Eimear Bonner to the helm of its oil, products and...
Trump Announces $8.4bn US-South Korea Oil Recovery Project
US President Donald Trump has announced an $8.4 billion enhanced oil recovery project involving South Korea, but Seoul says the project is not...
Fuel imports: We’re ready for court cases, Dangote
The President of Dangote Group, Aliko Dangote, has said his company is prepared to face legal action over the ongoing controversy surrounding fuel...
Canada’s Economy Stalls in July as Growth Rebound Expected in August
Canada’s economy showed no growth in July, pointing to a weaker start to the third quarter after expanding for three consecutive months. The...
NGX Market Capitalisation Rises by N1.498trn as Equities Extend Gains
Nigeria’s equities market extended its upward trend last week, with the market capitalisation of listed companies increasing by N1.498 trillion to N163.655 trillion....
DR Congo Moves to Adopt Nigeria’s Local Content Policies for Oil and Gas Sector
The Democratic Republic of Congo (DRC) has begun studying Nigeria’s local content framework as it seeks to strengthen indigenous participation and build capacity...
