In the News

KEY POINTS The Chief Executive Officer of Chevron Corporation, Mike Wirth, has said that while recent changes to Venezuela’s oil policies signal progress, more reforms are needed to fully revive …

KEY POINTS Africa’s richest industrialist, Aliko Dangote, has unveiled an ambitious plan to expand the capacity of the Dangote Refinery to 1.4 million barrels per day, positioning it to become …

KEY POINTS Global natural gas markets are facing renewed pressure as escalating tensions in the Middle East threaten the stability of liquefied natural gas, LNG, supply chains, raising concerns over …

KEY POINTS Nigeria’s leading industrialist Aliko Dangote has held high-level talks with the Saudi Arabian ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, as both sides move to deepen economic and …

KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …

KEY POINTS Nigeria has officially become a net exporter of gasoline for the first time, marking a major turnaround for a country long dependent on fuel imports despite being a …

NNPC has denied selling refinery scrap materials from its Port Harcourt, Warri and Kaduna refineries, warning that fraudsters are posing as company agents.

Liberia Electricity Corporation has completed a technical assessment in Gedehtarbo, marking a major step toward connecting 2,525 residents to electricity in southeastern Liberia.

KEY POINTS The Nigerian National Petroleum Company Limited has entered into a strategic partnership with Sonatrach, Algeria’s national oil company, to strengthen collaboration in research, development, and innovation within the …

KEY POINTS East African countries are exploring plans to jointly develop a large oil refinery at the port of Tanga in Tanzania, in a move aimed at reducing dependence on …