KEY POINTS Dangote Petroleum Refinery is preparing for what could become the largest Initial Public Offering (IPO) in Africa’s history, with plans to raise as much as $2 billion through …
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KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …
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KEY POINTS ExxonMobil and global shipping company Wallenius Wilhelmsen have successfully completed a sea trial using a B30 biofuel blend, marking another step toward reducing greenhouse gas emissions in the …
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KEY POINTS Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, NNPC, has commenced a competitive bidding process for the marketing of its newly introduced Cawthorne crude oil grade as …
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KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …
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In the NewsOil & Gas
SEC Cracks Down on False Dangote Refinery IPO Promotions, Orders Immediate Refunds to Investors
KEY POINTS Nigeria’s capital market regulator, the Securities and Exchange Commission, SEC, has ordered the immediate suspension of all promotional and marketing activities relating to a purported Initial Public Offering, …
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KEY POINTS ExxonMobil’s major oil refinery in Antwerp, Belgium, is set to temporarily suspend production for five days following a planned strike by workers protesting job losses and what they …
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KEY POINTS The National Energy Regulator of South Africa (Nersa) is set for a leadership transition following the resignation of its chairperson, Thembani Bukula, who officially left office on June …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for the adoption of advanced technologies, including drone surveillance systems, to improve monitoring and protection of oil and gas …
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KEY POINTS Libya’s National Oil Corporation (NOC) has granted an offshore oil exploration licence to a consortium of international energy companies, marking a significant step in the country’s efforts to …
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