KEY POINT Camco Oil Services, a subsidiary of the Edgo Group, has successfully drilled and completed a re-entry horizontal well in Libya’s Sarir oil field in partnership with the Arabian …
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In the News
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In the NewsMarketsOil & Gas
NNPC Rejects Allegations Against Bayo Ojulari, Highlights Growth in Nigeria’s Oil and Gas Output
KEY POINTS The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed allegations of poor performance and impropriety levelled against its management, insisting that available production figures show measurable improvements …
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KEY POINTS The Pipeline Infrastructure Nigeria Limited, PINL, has disclosed that the Nigerian National Petroleum Corporation, NNPC, secured more than $20 billion in gas sale and purchase agreements over the …
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Energy TransitionIn the News
Four Municipalities Hand Electricity Management to Eskom Under Transitional Agreements
KEY POINTS Four municipalities in South Africa have entered into agreements allowing Eskom to take responsibility for managing their electricity distribution businesses, in a move aimed at addressing financial, operational …
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KEY POINTS The Pan Niger Delta Forum,PANDEF, has commended President Bola Ahmed Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited, describing the decision as a significant …
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KEY POINTS The Transmission Company of Nigeria, TCN, has announced a scheduled power interruption in Akwanga and surrounding communities in Nasarawa State as it carries out maintenance work on a …
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KEY POINTS ExxonMobil has taken another major step towards developing its long-awaited Rovuma LNG project in Mozambique after awarding McDermott Energy Solutions a letter of intent for limited engineering and …
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Energy TransitionIn the News
Eskom Records Six-Year High in Power Availability, Cuts Diesel Costs by 83%
KEY POINTS Eskom has recorded its strongest year-to-date Energy Availability Factor, EAF, performance in six years, marking a significant improvement in the reliability of South Africa’s electricity generation fleet and …
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In the NewsMarkets
NNPC to Undergo Reform, Join Capital Market as Nigeria Targets $1trn Economy – Tinubu
KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …
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In the NewsOil & Gas
Dangote Refinery Again Becomes Europe’s Biggest Jet Fuel Supplier, Surpasses US
KEY POINTS The Dangote Petroleum Refinery has once again emerged as Europe’s largest supplier of imported jet fuel, overtaking the United States for the second consecutive month and strengthening Nigeria’s …