In the News

KEY POINTS Chevron has begun sounding out the possibility of acquiring parts of Lukoil’s global portfolio after Washington gave potential buyers room to hold talks with the sanctioned Russian oil …

KEY POINTS Nigeria needs to move beyond speeches and begin taking concrete steps to attract investment into its gas sector, Shell executives said in Lagos, warning that delays in infrastructure …

KEY POINTS TGS and Chevron have entered a three-year seismic capacity agreement that is set to reshape how both companies approach deepwater exploration and reservoir monitoring, particularly as the global …

KEY POINTS Rovuma liquefied natural gas from ExxonMobil project in northern Mozambique has run into another patch of turbulence, as disagreements over the first set of service contracts threaten to …

KEY POINTS No fewer than 5,000 low-income households across the Federal Capital Territory are set to receive free gas cylinders and a six-month supply of cooking gas under a new …

KEY POINTS Heavy rainfall across Gauteng has slowed down repair efforts at Eskom, with the utility warning that widespread flooding is forcing technicians to halt or restart work repeatedly as …

KEY POINTS The Nigerian National Petroleum Company Limited has introduced a health insurance scheme designed to give thousands of service attendants across its retail stations access to affordable and reliable …

KEY POINTS Nigeria’s petroleum marketers are considering stepping back from fuel importation after the Dangote Petroleum Refinery took another slice off its ex-depot price, shifting the balance of competition in …

KEY POINTS Nigeria has delivered more than 12 million barrels of crude oil to domestic refineries since the start of 2025, a volume that places the Dangote Refinery firmly at …

KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …