Oil Prices Rise as Hormuz Deal Hopes Fade
Global oil prices have risen further as uncertainty surrounding a possible agreement over the Strait of Hormuz continues to weigh on energy markets. The Strait of Hormuz is one of…
FG Returns 13 Oil Blocks to Licensing Basket After Failing to Attract Investor Bids
The Federal Government says 13 of the 50 oil and gas blocks offered during the 2025 Licensing Round will be returned to the national licensing basket after receiving no bids…