KEY POINTS Exxon Mobil has announced a leadership change at the very top of its financial operations, confirming that Kathryn Mikells, the company’s senior vice-president and chief financial officer, will …
In the News
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Supply Surges as Dangote Refinery Output Jumps in November
KEY POINTS Petrol deliveries from the Dangote Refinery climbed sharply in November, offering a temporary cushion to a domestic market still heavily reliant on imports and facing rising end-of-year fuel …
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KEY POINTS Chevron chief executive Mike Wirth has opened formal conversations with the board over the timing of his eventual departure, signalling the start of a carefully managed transition at …
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Energy TransitionIn the News
South Africa Moves Ahead With Eskom Break-Up as Government Clears Revised Market Reform Plan
KEY POINTS South Africa has taken another decisive step towards overhauling its troubled power industry, with Electricity and Energy Minister Kgosientsho Ramokgopa approving a revised unbundling strategy for Eskom. The …
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KEY POINTS Libya’s National Oil Corporation, NOC, has begun fresh talks with QatarEnergy as Tripoli pushes ahead with its national oil and gas bid round, hoping to draw back foreign …
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In the NewsMarketsOil & Gas
Nigeria’s NNPC E&P Hits 355,000 Barrels a Day, Its Highest Output in 36 Years
KEY POINTS Nigeria’s upstream ambitions received an unexpected lift at the start of December as NNPC E&P Limited, the flagship exploration and production arm of NNPC Limited, pushed its crude …
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In the News
Reps Committee Presses NNPCL Chief for Long-Delayed Audit Records as Lawmakers Lose Patience
KEY POINTS The House of Representatives has issued a final ultimatum to the leadership of the Nigerian National Petroleum Company Limited, directing its Group Chief Executive Officer, Bayo Ojulari, to …
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Energy TransitionIn the News
Eskom Strikes MoU with Ferrochrome Producers as South Africa Races to Protect Industrial Capacity
KEY POINTS Eskom has reached a long-awaited understanding with two of South Africa’s biggest ferrochrome producers, Samancor Chrome and the Glencore–Merafe Chrome Venture, after a series of tense engagements with …
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In the NewsOil & Gas
Libya’s Long-Awaited Licensing Round Draws Big Oil Interest Despite Political Uncertainty
KEY POINTS Tripoli is preparing to conclude its first upstream licensing round in 18 years, with an unexpectedly large group of foreign companies lining up to participate even as the …
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Energy TransitionIn the News
Eko Disco Begins Free Meter Rollout as Federal Scheme Targets Nigeria’s Long-Standing Metering Gap
KEY POINTS Eko Electricity Distribution Company has begun issuing free prepaid meters to its Band A customers, marking one of the most visible steps yet in a nationwide push to …