KEY POINTS The Lagos State Government has signed fresh power purchase agreements with three energy companies as part of efforts to improve electricity supply across critical public infrastructure in the …
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has recorded its strongest crude oil trading performance in five years, reaching about 1.171 million barrels per day (mbpd) under the …
KEY POINTS Former President Olusegun Obasanjo has again declared that Nigeria’s state-owned refineries operated by the Nigerian National Petroleum Company Limited will never function effectively again, despite ongoing efforts by …
KEY POINTS ExxonMobil Qatar has renewed its strategic partnership with Teach For Qatar for another three years, strengthening efforts to improve education quality and teacher development across Qatar. The collaboration, …
KEY POINTS The Chief Executive Officer of Chevron Corporation, Mike Wirth, has said that while recent changes to Venezuela’s oil policies signal progress, more reforms are needed to fully revive …
KEY POINTS Africa’s richest industrialist, Aliko Dangote, has unveiled an ambitious plan to expand the capacity of the Dangote Refinery to 1.4 million barrels per day, positioning it to become …
KEY POINTS Global natural gas markets are facing renewed pressure as escalating tensions in the Middle East threaten the stability of liquefied natural gas, LNG, supply chains, raising concerns over …
KEY POINTS Nigeria’s leading industrialist Aliko Dangote has held high-level talks with the Saudi Arabian ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, as both sides move to deepen economic and …
KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …
KEY POINTS Nigeria has officially become a net exporter of gasoline for the first time, marking a major turnaround for a country long dependent on fuel imports despite being a …
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