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Monthly Archives

September 2025

  • In the NewsMarketsOil & Gas

    ExxonMobil Weighs $1 Billion Sale of European Chemical Plants

    by Oluwatosin Racheal Alabi September 4, 2025
    by Oluwatosin Racheal Alabi September 4, 2025

    KEY POINTS In light of the continent’s industry’s struggles to recover from a brutal energy crisis, new competition from China, and the effects of U.S. trade tariffs, U.S Major Oil …

  • In the NewsOil & Gas

    Dangote Refinery Petrol Unit Shut for Two Weeks After Catalyst Leak

    by Oluwatosin Racheal Alabi September 4, 2025
    by Oluwatosin Racheal Alabi September 4, 2025

    KEY POINTS Nigeria’s $20 billion Dangote refinery, the largest in Africa, has temporarily shut down one of its key petrol-producing units following a catalyst leak, in a setback for a …

  • In the News

    5 Reasons Nigeria’s New Deepwater Deal With TotalEnergies Matters

    by Ikeoluwa Juliana Ogungbangbe September 2, 2025
    by Ikeoluwa Juliana Ogungbangbe September 2, 2025

    Nigeria’s new deepwater deal with TotalEnergies could revive oil output, lift government revenue, and restore investor confidence in its offshore sector

  • In the News

    WinGD Becomes First Engine Maker to Join Methane Abatement Drive in LNG Shipping

    by Oluwatosin Racheal Alabi September 2, 2025
    by Oluwatosin Racheal Alabi September 2, 2025

    KEY POINTS As the first engine manufacturer to collaborate with the coalition aiming to reduce ship methane emissions, engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative, …

  • Energy TransitionIn the News

    Delek, Eni Raise $143 Million From Ithaca Energy Share Sale

    by Oluwatosin Racheal Alabi September 2, 2025
    by Oluwatosin Racheal Alabi September 2, 2025

    KEY POINTS In an effort to reduce their holdings while maintaining firm control over the North Sea oil and gas producer, Italian oil giant Eni SpA and Israeli investment firm …

  • In the NewsOil & Gas

    NNPC, TotalEnergies Ink Landmark Deepwater Deal as Nigeria Opens Oil, Gas Frontier

    by Oluwatosin Racheal Alabi September 2, 2025
    by Oluwatosin Racheal Alabi September 2, 2025

    KEY POINTS The most important deepwater oil and gas deal in over ten years was signed by Nigeria with France’s TotalEnergies and local partner South Atlantic Petroleum, Sapetro, in a …

  • Energy TransitionOil & Gas

    TotalEnergies Wins First Nigeria Offshore Licenses in Over a Decade

    by Oluwatosin Racheal Alabi September 2, 2025
    by Oluwatosin Racheal Alabi September 2, 2025

    KEY POINTS The first time an international oil company has obtained acreage through a competitive bid round in Africa’s largest crude producer in over a decade, French energy giant TotalEnergies …

  • In the NewsOil & Gas

    Nigeria Cuts Gas Flaring to Record Low as Output Rises in July

    by Oluwatosin Racheal Alabi September 1, 2025
    by Oluwatosin Racheal Alabi September 1, 2025

    KEY POINTS Nigeria’s oil and gas sector delivered a rare bright spot in July as gas flaring dropped to its lowest level in years, even while overall production surged, underscoring …

  • MarketsOil & Gas

    Dangote Refinery Turns to Ghanaian Crude as Output Nears 70% of Capacity

    by Oluwatosin Racheal Alabi September 1, 2025
    by Oluwatosin Racheal Alabi September 1, 2025

    KEY POINTS Nigeria’s $20 billion Dangote Petroleum Refinery is expanding its crude basket to include Ghana for the first time, a move that signals a more pragmatic approach to sourcing …

  • Energy TransitionOil & Gas

    TotalEnergies Secures Congo Offshore Exploration Block With QatarEnergy Stake

    by Oluwatosin Racheal Alabi September 1, 2025
    by Oluwatosin Racheal Alabi September 1, 2025

    KEY POINTS TotalEnergies SE has been awarded rights to explore a new offshore block in the Republic of Congo, expanding its footprint in the central African nation where it already …

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