In the News

KEY POINTS ExxonMobil has temporarily suspended operations at one of its offshore facilities in Guyana after a fire broke out aboard the Liza Unity floating production, storage and offloading (FPSO) …

KEY POINTS The Citizens Forum for Energy Accountability and Development, CFEAD, has commended the Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, for what …

KEY POINTS A new fleet of diesel-electric offshore support tugs is being developed to strengthen marine support for ExxonMobil’s expanding oil production and export operations in Guyana’s prolific Stabroek Block. …

KEY POINTS Johannesburg has cleared its outstanding electricity debt to South African state power utility Eskom, bringing an end to a dispute that had threatened to trigger a major power …

Gas will start flowing next month from Australia’s Beetaloo basin to Darwin, testing developers’ hopes of launching a US-style shale gas boom.

Gambian utility NAWEC has returned to profit after cutting costs by about 42 percent, drawing Guinean hydropower through the regional grid instead of burning fuel.

KEY POINTS The Dangote Petroleum Refinery has increased the ex-depot price of petrol by N20 per litre, raising its latest gantry price from N1,165 to N1,185. The new price took …

KEY POINTS The Nigerian Economic Summit Group, NESG, has appointed Jim Swartz, Chairman and Managing Director of Chevron Nigeria and Mid-Africa, as a Director on its Board. The appointment, announced …

KEY POINTS Shell has renewed its call for stronger safety standards across its operations and producing assets in Nigeria, stressing that the success of major oil and gas projects must …

KEY POINTS The Federal Government has commissioned major upgrades at four electricity transmission substations in Lagos, adding about 360 megawatts (MW) of transmission capacity to the state’s power network. The …