In the News

KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …

KEY POINTS Oyo State Governor and Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, has called for a change in the way Nigerians debate the removal of petrol subsidy, arguing …

KEY POINTS Eni is set to invest an additional $8 billion in Egypt over the next five years as the Italian energy company expands exploration and development activities aimed at …

Oil headed for a weekly gain above 6 percent as US-Iran fighting resumed, while US diesel prices hit a record high, fuelling fresh global inflation fears.

Nigeria will soon begin producing solar panels locally through a partnership with LONGi to cut renewable energy costs, the Energy Commission of Nigeria says.

KEY POINTS TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 licence, strengthening its position in the country’s emerging oil industry and giving the French energy …

KEY POINTS BP Plc has agreed to sell partial interests in two major offshore exploration opportunities to Shell Plc, deepening cooperation between the two energy giants while allowing BP to …

KEY POINTS A remotely controlled drone attempted to attack a fuel depot in Libya’s capital, Tripoli, on Thursday, September 3, raising fresh concerns about the security of the country’s critical …

KEY POINTS The Initial Public Offering, IPO, of the Dangote Petroleum Refinery is expected to open within the next 10 to 12 days, marking a major step towards broadening ownership …

KEY POINTS A leadership crisis has erupted within the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, branch covering NNPC Trading Limited (NTL) and NNPC Shipping and Logistics …