Gas and oil prices soar and shares tumble as crucial shipping lane threatened
Iranian official threatens to “set fire” to any ships passing through the Strait of Hormuz.
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India, Europe feel fuel crunch as Gulf gas supplies disrupted amid war | Oil and Gas News
Qatar has halted its liquefied natural gas production, as India and Europe bear the brunt of soaring prices. Listen to this article | 3 mins info Published On 3 Mar 20263 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo Indian companies have reduced natural gas supplies to industries in…
Africa: June Take-Off of Energy Bank Raises Africa’s Oil and Gas Future
Last week’s handover of the $5billion African Energy Bank Headquarters in Abuja, represents a significant milestone and historic match to energy security and sustainability in Africa. Besides, the June date for the commencement of the ambitious project marks the changing phase of the African oil and gas industry as well as a bold statement to…
Africa: ‘Africa to Attract $50bn in Oil and Gas Investment’
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that Africa is projected to attract between $48 billion and $50bn in the oil and gas sector in 2026. Speaking during the opening of the 10th Anniversary of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026, NUPRC’s Commission Chief Executive, Oritsemeyiwa Eyesan, this is…
Africa: NIES 2026 – How NNPC Plans to Stabilise Fuel Supply, Unlock Africa’s Gas Potential – Official
Mr Ojulari said NNPC’s downstream and gas strategy will emphasise operational action rather than policy intent alone. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has revealed that the company’s multi-layered strategy over the next two to three years will prioritise fuel availability and refinery partnerships as…
Five killed in gas explosions in Iran, officials say
Fourteen people are reportedly injured after separate blasts were reported on Saturday.
Africa Oil and Gas Regains Momentum Despite Lower Prices
Africa’s oil and gas sector ended 2025 on a stronger footing than expected, despite lower crude prices and continued pressure from environmental groups and global investors. Several delayed or suspended projects moved forward, signaling renewed momentum across key producing countries. TotalEnergies is set for a rebound after its African output fell from 705,000 barrels of…
Angola unveils landmark gas consortium project, boosting energy sector and national economy
Angola’s President João Lourenço. PHOTO/UGC. By ENERGY CORRESPONDENT [email protected] Angola has made a significant leap forward in its energy sector with the launch of the Soyo non-associated gas plant and the establishment of the new gas consortium (NGC). The development expected to drive economic growth, industrial diversification, and enhanced energy security nationwide was announced in…
MTN is cooking with gas in Nigeria
MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has delivered a sharp turnaround in the nine months to 30 September 2025, restoring positive retained earnings and shareholders’ equity and declaring an interim dividend as service revenue and profitability surged. The operator grew total subscribers 11% year on year to 85.4 million, with active data users…
Venezuela suspends Trinidad and Tobago gas accord over US warship visit | Donald Trump News
Venezuela has suspended a major gas deal with neighbouring Trinidad and Tobago, citing the island nation’s reception of a United States warship. President Nicolas Maduro ordered the “immediate suspension” of a deal to provide natural gas to Trinidad and Tobago, state broadcaster TeleSUR reported on Monday. Recommended Stories list of 4 itemsend of list The…