KEY POINTS Nigeria’s President, Bola Tinubu, has approved a 30 percent relief on debts owed by domestic airlines to aviation agencies in a move aimed at easing financial pressure on …
© 2024 Energy News Africa Plus. All Rights Reserved.
-
-
KEY POINTS Crude oil supply from the Nigerian National Petroleum Company, NNPC, Limited increased significantly in April 2026, with over 1.03 million metric tonnes delivered to the Dangote Oil and …
-
In the NewsOil & Gas
Saipem Lands $150m Offshore Contract for ExxonMobil’s Longtail Project in Guyana
KEY POINTS Saipem has secured a $150 million contract from ExxonMobil Guyana to kick off early-stage work on the Longtail offshore development. The limited notice to proceed allows the company …
-
KEY POINTS The Managing Director/CEO of Aradel Holdings Plc, Gbite Falade, has revealed the company’s ambition to contribute to Nigeria’s oil production target by reaching 2 million barrels per day …
-
In the News
Pan-African Billionaire Benedict Peters Deploys Aircraft to Map Madagascar’s Hidden Mineral Wealth
KEY POINTS Pan-African billionaire Benedict Peters has deployed three aircraft equipped with advanced sensors to map underground mineral resources in Madagascar. The move formalises a December 2025 agreement between his …
-
KEY POINTS Dangote Group is accelerating its diversification into high-value petrochemicals, with its refinery in Lekki, Lagos set to commence large-scale production of key industrial chemicals used in plastics and …
-
KEY POINTS The Nigerian Content Development and Monitoring Board, NCDMB, and Seplat Energy Plc have intensified efforts to establish a Centre of Excellence in Gas Development at Delta State University …
-
KEY POINTS ExxonMobil has reported significant progress in the decommissioning of its offshore assets in the Bass Strait, describing the process as advancing “strongly” as it continues to wind down …
-
KEY POINTS Sahara Group has positioned liquefied petroleum gas, LPG, as the most practical and immediate solution to Africa’s energy access challenges, amid rising global supply disruptions and infrastructure gaps. …
-
In the NewsOil & Gas
Algeria Unveils 2026 Oil and Gas Bid Round to Boost Output and Attract Investors
KEY POINTS Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …