KEY POINTS Shares in Italian energy giant Eni fell for the fifth consecutive trading session on Thursday as investors remained concerned about the possibility of a new windfall tax on …
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KEY POINTS South Africa’s power utility Eskom has safely taken Unit 1 of the Koeberg Nuclear Power Station offline following a turbine trip early Thursday morning. Eskom said the unit …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals has raised concerns about the continued importation of Premium Motor Spirit (PMS), commonly known as petrol, despite the growing capacity of domestic refineries …
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KEY POINTS The Ogoni Dialogue Committee, ODC, has denied allegations that it influenced the selection of 40 Ogoni people recently offered employment opportunities by the Nigerian National Petroleum Company Limited …
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KEY POINTS South Africa’s mining companies are rapidly increasing their investment in renewable energy as they seek to reduce dependence on the country’s state-owned electricity utility, Eskom, lower operating costs …
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KEY POINTS ExxonMobil has resumed oil production at its Liza Unity floating production, storage and offloading (FPSO) vessel offshore Guyana after a small fire temporarily halted operations. The incident triggered …
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KEY POINTS Nigeria’s petroleum products trade is undergoing a major shift, with the country exporting significantly more refined products while sharply reducing its dependence on imported fuel. New data from …
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KEY POINTS Libya is stepping up efforts to attract fresh investment into its oil and gas industry as the North African country seeks to increase production, expand infrastructure and make …
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KEY POINTS The Federal Government has renewed its commitment to reviving oil exploration at the Kolmani Oil Field in Bauchi State, months after activities at the site were halted. The …
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KEY POINTS Oil prices stabilised on Tuesday after falling sharply in the previous session, as investors weighed the possible impact of expanded US sanctions on Iran against the risk of …