KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …
KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, efforts to boost oil production could worsen the global supply glut and drive prices even lower than the budgetary benchmarks …
KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …
KEY POINTS Despite government efforts to prevent a confrontation over alleged anti-labor practices at the massive Dangote Petroleum Refinery, Nigeria’s powerful oil workers’ union, NUPENG, pushed forward with a nationwide …
KEY POINTS The Petroleum Tanker Drivers (PTD), a critical arm of the sector, have openly rejected a strike call issued by the Nigeria Union of Petroleum and Natural Gas Workers, …
KEY POINTS Indian Oil Corp, the country’s largest refiner, has stepped back from its usual appetite for American crude, choosing instead to snap up barrels from Nigeria and the Middle …
KEY POINTS Amnesty International has declared that oil giant Shell cannot wash its hands of decades of environmental destruction in Nigeria’s Niger Delta, despite selling its subsidiary and exiting the …
KEY POINTS South Africa’s embattled power utility Eskom has issued a stern warning to customers tampering with electricity meters is a crime, and offenders face steep fines or criminal charges. …
KEY POINTS The Federal Government’s plan to impose a 5% tax on petrol, diesel and other refined fuels from January 2026 is drawing sharp resistance from opposition parties, fuel retailers, …
KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …
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