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 …
In the News
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Exxon and Petrobras are challenging the $4.6 billion Saipem7 merger, warning it could limit competition in Brazil’s offshore subsea services sector
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Iran says oil exports to China will continue despite looming UN sanctions, dismissing fresh pressure as ineffective after years of U.S. restrictions
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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 …
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In the News
Chevron’s Nigerian Workers Appeal to Olu of Warri as Tensions Rise Over Unmet Welfare Promises
KEY POINTS Workers at Chevron Nigeria Limited’s onshore and Escravos facilities staged a peaceful protest this week, urging the Olu of Warri, Ogiame Atuwatse III, to step in after repeated …
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KEY POINTS South African households and businesses are bracing for steeper power bills after Eskom and the country’s energy regulator signed off on a deal that will push tariffs higher …
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Energy TransitionIn the News
South Africa’s Former Eskom CEO Credits Diesel Burn, Plant Recoveries for Halt to Blackouts
KEY POINTS South Africa’s former power utility chief, ESKOM, André de Ruyter, says the country’s longest stretch without rolling blackouts in years owes less to sudden operational miracles and more …
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In the NewsOil & Gas
Dangote Refinery Partners Conoil, Eterna in Free Fuel Delivery Scheme to Cut Prices
KEY POINTS Nigeria’s Dangote Petroleum Refinery is teaming up with some of the country’s biggest petroleum marketers to launch a free fuel delivery scheme, a move designed to slash logistics …
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In the NewsMarketsOil & Gas
Nigeria Moves to Resolve Oilfield Ownership Disputes With Niger Delta Verification Drive
KEY POINTS Nigeria has launched a sweeping verification exercise of disputed and newly drilled oilfields and gas fields in the Niger Delta, a move aimed at settling long-running ownership disputes …