KEY POINTS Libya’s National Oil Wells Drilling & Workover Company, NWD, has completed maintenance on 188 oil wells and drilled 21 new wells for several subsidiaries of the National Oil …
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KEY POINTS Nigeria’s cooking gas market is experiencing another round of price reductions after the Dangote Refinery and major LPG depot operators lowered their selling prices. The Dangote Refinery reduced …
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KEY POINTS The Transmission Company of Nigeria,TCN, has commissioned two major transmission projects in Lagos, increasing bulk electricity capacity around the Apapa corridor and strengthening the network serving industrial, commercial …
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KEY POINTS Libya’s National Oil Corporation, NOC, and Akakus Oil Operations are working on plans to increase crude oil production at the Sharara Oil Field from about 335,000 barrels per …
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KEY POINTS South Africa’s Constitutional Court has blocked Shell’s plans to conduct offshore oil and gas exploration along the country’s Wild Coast, delivering another major setback to efforts to expand …
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KEY POINTS Nigeria’s Dangote Petroleum Refinery is preparing for a major initial public offering, IPO, in October, with the company positioning the planned share sale as an opportunity for Nigerians …
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KEY POINTS Madagascar has imported a major shipment of diesel to help ease an energy supply crisis that has disrupted fuel availability and placed pressure on electricity and water services …
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In the NewsMarketsOil & Gas
AFC Invests in Dangote Refinery’s $2.5bn Share Placement After $300m Loan Repayment
KEY POINTS Africa Finance Corporation, AFC, has invested in Dangote Petroleum Refinery’s $2.5 billion private placement, deepening its financial relationship with the Nigerian energy company after the full repayment of …
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In the NewsOil & Gas
Deep Offshore Incentives to Unlock $50bn Investment, Raise Nigeria’s Oil Output — NNPC
KEY POINTS The Federal Government’s new fiscal incentives for deep offshore oil and gas projects are expected to attract more than $50 billion in fresh investment and help Nigeria significantly …
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KEY POINTS ExxonMobil is advancing preparations for the $20 billion Rovuma LNG project in Mozambique, awarding new engineering contracts as the massive gas development moves closer to a final investment …
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