Oil and gas

General News Oil and Gas

LNG Shipping Rates Soar 650% to $300,000 Per Day

Mar 05, 2026 The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern LNG carriers surging from roughly $40,000 last week to around $300,000 per day as traders

General News Oil and Gas

How Nigeria Can Achieve Gas-led Industrialization — Shell

Ralph Gbobo, Managing Director of Shell Nigeria Gas (SNG), recently stated in Lagos that Nigeria can use its gas resources for industrialization if it achieves stable regulatory enforcement, fair pricing, and infrastructure ownership models in

General News Oil and Gas

Goldman Sachs Hikes Q2 Brent Oil Price Forecast by $10

Mar 04, 2026 The all but halted flows via the Strait of Hormuz will deplete oil inventories in advanced economies, prompting a rise in oil prices, Goldman Sachs said on Wednesday as it hiked its

news Oil and Gas

Oil, Fuel Contracts Break Records on Surging Prices

Mar 04, 2026 Oil and fuel futures and options contracts traded on Monday hit an all-time high as traders rushed to lock in surging benchmark prices, Reuters has reported, citing ICE data. The total number

Power

energy power

KEDCO Spending ₦500M to Boost Power Supply in Katsina

The Kano Electricity Distribution Plc. (KEDCO) is investing ₦500 million to revive the IBB Way Injection Substation and other critical

Tinubu Appoints CEO & Board Members of NEMSA; Magaji Da’U Aliyu as MD of SHESTCO

Nigeria Set to Utilise Gas to Power Africa’s Rise — Ojulari

Eko Disco

Eko Disco Appoints Wola Joseph-Condotti as Interim CEO

General News

General News Oil and Gas

LNG Shipping Rates Soar 650% to $300,000 Per

Mar 05, 2026 The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern

President Tinubu celebrates former president Olusegun Obasanjo at

TCN notifies Benin’s electricity consumers of scheduled disruptions,

Blog

oil-and-gas:Oil and Gas Uncategorized

Chevron Declares Force Majeure as Israel Shuts Leviathan

Mar 02, 2026 Chevron has declared force majeure at Israel’s Leviathan natural gas field after the government ordered a temporary

NUPRC manages transfer of OLO Oilfield host community

India’s Oil Import Dependence Climbs to Nearly 89%

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