KEY POINTS Uganda has announced plans to launch a fresh oil exploration licensing round in the 2026/2027 financial year, as the country prepares to begin commercial crude production later this …
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KEY POINTS The first liquefied natural gas, LNG, tanker has successfully crossed the Strait of Hormuz since tensions escalated in late February, signaling a possible easing of disruptions to global …
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Energy TransitionIn the News
Lagos Partners Three Power Firms to Boost Electricity Supply to Key Infrastructure
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 …
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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 …
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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 …
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In the News
ExxonMobil and Teach For Qatar Renew Partnership to Boost Education and STEM Development
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, …
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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 …
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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 …
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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 …
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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 …