In the News

KEY POINTS Fuel supplies began to stabilize in Port Harcourt on Wednesday after the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, suspended its nationwide strike, bringing relief to …

Five global oil giants are navigating the clean energy transition with strategies ranging from carbon capture to major renewable investments

KEY POINTS Egypt’s efforts to increase gas production and draw in foreign investment for its energy sector have entered a new phase with the signing of a preliminary agreement with …

KEY POINTS Residents of Governor’s Road in the Ikotun area of Lagos have staged a protest against Ikeja Electric, accusing the power distributor of neglect and poor communication after more …

KEY POINTS Since the country’s powerful oil workers’ union, threatened a nationwide strike over the refinery’s proposal to use 4,000 trucks powered by compressed natural gas for fuel distribution, Nigerians …

KEY POINTS Ethiopia has formally launched the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric dam, pressing ahead with an ambitious $5 billion undertaking that promises power for millions while …

KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …

KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, efforts to boost oil production could worsen the global supply glut and drive prices even lower than the budgetary benchmarks …

KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …

KEY POINTS Despite government efforts to prevent a confrontation over alleged anti-labor practices at the massive Dangote Petroleum Refinery, Nigeria’s powerful oil workers’ union, NUPENG, pushed forward with a nationwide …