In the News

KEY POINTS Oando Energy Resources Nigeria Limited, OERNL, a subsidiary of Oando Plc, has launched a 12-month drilling engineering training programme aimed at equipping young Nigerians with specialised technical skills …

Global and African leaders have backed Dangote Refinery’s proposed IPO, saying broader ownership could open Africa’s industrial wealth to ordinary citizens and the diaspora.

Amaranta has named the Ooni of Ife, Adeyeye Enitan Ogunwusi, as board chairman as it targets 100,000 barrels a day at OML 42 in the western Niger Delta.

KEY POINTS Residents gathered in several communities over electricity issues, including Sukuta, Manduar, Kerr Serign and Jambur, according to AFP. In some areas, youths reportedly blocked roads and set fires …

KEY POINTS Fresh pressure is building on petrol prices in Nigeria after the estimated landing cost of petrol rose to ₦1,311.36 per litre, exceeding the current ₦1,265 per litre gantry …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, is set to modernise more than 900 retail stations across Nigeria by introducing solar power, electric vehicle (EV) charging facilities and …

KEY POINTS Eni Ghana and Vitol Upstream Tano Limited have moved closer to securing final petroleum agreements for two offshore blocks in Ghana’s Tano Basin after signing Memoranda of Understanding …

KEY POINTS Ogoni diaspora organisations, youth groups and civil society groups have rejected plans to resume oil exploration in Ogoniland, insisting that Shell must first withdraw its proposed divestment of …

KEY POINTS CardinalStone Research has projected that Dangote Petroleum Refinery and Petrochemicals could achieve a market capitalisation of N77.7 trillion if its planned public listing performs in line with the …

Global cumulative clean hydrogen investment has topped $130 billion as governments treat the fuel as an energy-security and industrial tool, the Hydrogen Council says.