Gas will start flowing next month from Australia’s Beetaloo basin to Darwin, testing developers’ hopes of launching a US-style shale gas boom.
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Gambian utility NAWEC has returned to profit after cutting costs by about 42 percent, drawing Guinean hydropower through the regional grid instead of burning fuel.
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KEY POINTS The Dangote Petroleum Refinery has increased the ex-depot price of petrol by N20 per litre, raising its latest gantry price from N1,165 to N1,185. The new price took …
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KEY POINTS The Nigerian Economic Summit Group, NESG, has appointed Jim Swartz, Chairman and Managing Director of Chevron Nigeria and Mid-Africa, as a Director on its Board. The appointment, announced …
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KEY POINTS Shell has renewed its call for stronger safety standards across its operations and producing assets in Nigeria, stressing that the success of major oil and gas projects must …
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KEY POINTS The Federal Government has commissioned major upgrades at four electricity transmission substations in Lagos, adding about 360 megawatts (MW) of transmission capacity to the state’s power network. The …
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KEY POINTS ExxonMobil’s Nigerian affiliate, Esso Exploration and Production Nigeria (Offshore East) Limited, has commenced a major new phase of development at the Usan oil field with the arrival of …
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KEY POINTS The Nigerian equities market extended its losing streak to eight consecutive trading sessions on Thursday as investors continued to sell off shares in major companies, particularly Aradel Holdings …
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KEY POINTS The proposed Nigeria-Morocco gas pipeline is moving closer to becoming a major piece of Africa’s energy infrastructure, following a regional agreement that could pave the way for construction …
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KEY POINTS Libya is seeking between $30 billion and $40 billion in fresh investment to rebuild and expand its oil and gas industry, as the North African producer targets a …