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Eni discovers 2 Tcf gas field in Egypt’s Mediterranean maters
Eni S.p.A. has announced a significant gas and condensate discovery offshore Egypt, reinforcing the Eastern Mediterranean’s position as a growing energy hub. The discovery was made at the Denise W-1 exploration well, located within the Temsah Concession about 70 kilometres…
Shell, NNPC boost respiratory care with equipment donation to LUTH
Shell Nigeria Exploration and Production Company Limited and Nigerian National Petroleum Company Limited have strengthened Nigeria’s healthcare capacity with the donation of advanced respiratory diagnostic equipment to University of Lagos Teaching Hospital, marking a significant step toward improving pulmonary care…
NORS 2026 to accelerate Nigeria’s shift to refining self-sufficiency
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has officially announced the Nigeria Oil Refining Summit (NORS) 2026, scheduled to take place on 28–29 September 2026 at Eko Hotels & Suites. Now in its third edition, the summit continues…
Iran war: EIA predicts Q2 average oil price of $115
Ziggy Ojiegbe The US Energy Information Administration (EIA) projects that Brent crude prices will climb to $115 per barrel in the second quarter of 2026, up from an average of $103 per barrel in March, reflecting a sharp tightening in…
NCDMB to share Tony Attah’s insights on funding local content initiatives
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced that Engr. Tony Attah, Managing Director of Renaissance Africa Energy Company Limited, will be the guest speaker at the next edition of the Nigerian Content Academy Lecture Series….
NCDMB to feature Dr Peterside’s crisis management strategies at book reading session
Sopuruchi Onnwuka The Nigerian Content Development and Monitoring Board (NCDMB) will host the fourth edition of its Quarterly Book Reading Programme, providing a platform for Dr. Dakuku Peterside, former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…
Eight OPEC+ producers adjust output, pledge market stability
Frank Okon The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and…
UK bans Kanye West over hate speech against Jews
Sopuruchi Onwuka Kanye West has been barred from entering the United Kingdom, a sweeping government move that reflects the escalating consequences of years of antisemitic rhetoric and controversy surrounding the artist. British officials denied West’s travel authorization, concluding that his…
UN exploring scalable solutions Africa’s food, energy security challenges
NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…
OPEC+ considers output boost as Hormuz impasse traps market supply
Sopuruchi Onwuka, with agency reports Organization of Petroleum Exporting Countries and its non-member allies (OPEC+) are expected to weigh another modest increase in oil production this weekend, even as the ongoing U.S.-Israeli war with Iran keeps the Strait of Hormuz…
