KEY POINTS Egypt is ramping up drilling at its flagship Zohr gas field in the Mediterranean, signaling a renewed push to restore production at one of the world’s largest offshore …
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KEY POINTS Nigeria’s households caught a rare break in August as the average cost of refilling cooking gas cylinders plunged, offering relief to millions grappling with stubbornly high living expenses. …
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MarketsOil & Gas
Shell, Agip Secure 12.5% OML 118 Stake as TotalEnergies Exits With Regulator’s Nod
KEY POINTS Nigeria’s upstream regulator has approved the transfer of TotalEnergies’ 12.5% interest in Oil Mining Lease (OML) 118 to two of its long-time partners, Shell Nigeria Exploration and Production …
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KEY POINTS Nigeria’s largest refinery project, owned by billionaire Aliko Dangote, is facing mounting criticism from labor unions after reports surfaced that all Nigerian staff at the facility were abruptly …
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KEY POINTS The Global Energy Alliance for People and Planet (GEAPP) has pledged $16 million to accelerate mini-grid deployment across Africa, marking another push to close the continent’s chronic power …
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In the News
Kano Manufacturers Credit Dangote Refinery With Reviving Struggling Firms, Cutting Energy Costs
KEY POINTS The Kano-Jigawa branch of the Manufacturers Association of Nigeria, MAN, has praised the Dangote Refinery and Petrochemicals for helping revive ailing companies by easing energy costs and ensuring …
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KEY POINTS The Nigeria Security and Civil Defence Corps, NSCDC, has detained four individuals accused of carrying out illegal mining operations that damaged land around Nigerian National Petroleum Corporation, NNPC, …
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KEY POINTS Nigerian energy executive Ahonsi Unuigbe has taken on a new leadership role as chairman of Marconi.NG EPC Limited, the company that operates West Africa’s biggest and most sophisticated …
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In the NewsOil & Gas
Oil Unions Push Back Against Nigeria’s Plan to Sell Stakes in State-Run Assets
KEY POINTS Nigeria’s two most powerful oil sector unions have come out swinging against the Federal Government’s proposal to reduce its holdings in joint venture oil assets, warning that the …
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In the NewsOil & Gas
Nigeria Regulator Blocks TotalEnergies $860 Million Asset Sale to Chappal Energies
KEY POINTS TotalEnergies plan to offload part of its onshore oil business in Nigeria has collapsed after regulators pulled their approval, dealing a blow to the French major’s push to …