Oil and gas

General News Oil and Gas

Oil Prices Hit $90 as Middle East Tensions Escalate

Mar 06, 2026 Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait of Hormuz rattle

General News Oil and Gas

Global possible effects of LNG Market Crisis

... imagined effects on Nigeria's oil and consumers An LNG market crisis, such as the March 2026 disruption in Qatari supplies, creates immediate global price shocks, intensified Asia-Europe competition for cargo, and severe shipping bottlenecks.

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

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

Oil Prices Hit $90 as Middle East Tensions

Mar 06, 2026 Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years

Global possible effects of LNG Market Crisis

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

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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