KEY POINTS Petrol prices are edging towards N1,400 per litre in parts of Nigeria following another increase in the ex-depot price of Premium Motor Spirit (PMS) by the Dangote Petroleum …
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KEY POINTS Dangote Petroleum Refinery is considering restricting petrol supplies to major oil marketers that continue to import Premium Motor Spirit (PMS) into Nigeria, amid growing concerns over fuel quality, …
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KEY POINTS Chevron Corp. is in talks to expand its operations in Venezuela as the United States moves to strengthen its involvement in the South American country’s oil industry. The …
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KEY POINTS Nigeria’s Dangote Refinery is preparing for a potential record-breaking initial public offering, IPO, but investors are increasingly focused on one major challenge: whether the refinery can secure enough …
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KEY POINTS Egypt has launched a week-long promotional campaign in Nigeria as it seeks to attract more Nigerian students to its universities and expand its education services across Africa. The …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has set the first quarter of 2027 as the new deadline for completing its proposed 10-storey headquarters, known as The Barrel, …
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KEY POINTS The debate over Nigeria’s continued importation of refined petroleum products has intensified, with Dangote Refinery and petroleum marketers taking opposing positions on whether imports should continue despite the …
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KEY POINTS South Africa’s only nuclear power station, Koeberg Nuclear Power Station near Cape Town, has been forced to reduce electricity generation after a large buildup of dead sardines blocked …
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KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited and partners in the Oil Mining Lease (OML) 118 project have signed key agreements aimed at moving the long-awaited Bonga South …
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KEY POINTS Tanzania has officially commissioned its largest electricity-generation project, a 2,115-megawatt hydropower plant on the Rufiji River, in a major development expected to transform the country’s power sector, support …
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