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In the News

  • In the News

    India warns new US tariffs over Russian oil could hit ties, vows to protect energy security

    by Otobong Tommy September 17, 2026
    by Otobong Tommy September 17, 2026

    India has warned that new US tariffs targeting buyers of Russian oil could harm bilateral ties, vowing to protect its energy security and trade interests.

  • In the NewsMarketsOil & Gas

    Dangote Refinery Warns Rising Competition Could Squeeze Margins

    by Adedotun Oyeniyi September 16, 2026
    by Adedotun Oyeniyi September 16, 2026

    KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …

  • In the NewsOil & Gas

    Chevron Revives Plans for Stalled Thailand Offshore Gas Project

    by Ikeoluwa Juliana Ogungbangbe September 16, 2026
    by Ikeoluwa Juliana Ogungbangbe September 16, 2026

    KEY POINTS Chevron is making another attempt to develop the long-stalled Ubon gas condensate field offshore Thailand, years after previous efforts failed to move the project into development. The Ubon …

  • In the NewsOil & Gas

    Senegal, Eni Assess Five Offshore Oil Blocks

    by Ikeoluwa Juliana Ogungbangbe September 16, 2026
    by Ikeoluwa Juliana Ogungbangbe September 16, 2026

    KEY POINTS Senegal has signed a memorandum of understanding with Italian energy company Eni to assess the potential of five offshore oil and gas blocks as the country seeks to …

  • In the News

    US and Vietnam firms to sign agreements as To Lam travels to New York

    by Otobong Tommy September 16, 2026
    by Otobong Tommy September 16, 2026

    US and Vietnamese firms will sign dozens of energy, tech, aviation and finance deals as leader To Lam visits New York, documents show.

  • In the NewsOil & Gas

    ExxonMobil Gets Texas Approval for Carbon Capture Project

    by Ikeoluwa Juliana Ogungbangbe September 16, 2026
    by Ikeoluwa Juliana Ogungbangbe September 16, 2026

    KEY POINTS ExxonMobil has secured regulatory approval to move ahead with its Rose carbon-capture project in Texas, clearing a major hurdle for a development designed to permanently store carbon dioxide …

  • In the News

    German minister plans market incentives to boost gas storage this winter

    by Otobong Tommy September 16, 2026
    by Otobong Tommy September 16, 2026

    Germany’s economy minister plans market incentives to boost winter gas storage while avoiding direct state purchases, as stocks hit a 15-year seasonal low.

  • In the NewsOil & Gas

    NNPC Targets 12 Bcf/d Gas Output by 2030

    by Ikeoluwa Juliana Ogungbangbe September 16, 2026
    by Ikeoluwa Juliana Ogungbangbe September 16, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd., has unveiled plans to significantly expand Nigeria’s gas reserves and production as part of efforts to establish the country as …

  • In the News

    Australia’s energy minister to visit Saudi Arabia as Middle East conflict escalates

    by Otobong Tommy September 16, 2026
    by Otobong Tommy September 16, 2026

    Australia’s energy minister will visit Saudi Arabia next week over fuel security fears, as the escalating Middle East conflict threatens global oil supply.

  • In the News

    EQ Resources takes 10% stake in Nevada tungsten JV with Elmet and Blue Moon

    by Otobong Tommy September 16, 2026
    by Otobong Tommy September 16, 2026

    EQ Resources will take a 10 percent stake in a joint venture with Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada.

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  • Oil slips from five-month high as Trump’s Russia sanctions waiver could bring more supply
  • Investors From 51 African Countries Back Dangote Refinery IPO
  • ExxonMobil Expects $4.5bn Refining Profit Boost
  • Global South electrification speeds up as emerging markets outspend the rest of the world on grids and solar
  • ExxonMobil signals $4.5 billion refining profit boost in third quarter as war lifts margins

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Nigeria’s Oil Boom: Record Production in September 2023

Oil slips from five-month high as Trump’s Russia sanctions waiver could bring more supply
Investors From 51 African Countries Back Dangote Refinery IPO

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Oil slips from five-month high as Trump’s Russia sanctions...
Investors From 51 African Countries Back Dangote Refinery IPO
ExxonMobil Expects $4.5bn Refining Profit Boost

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