In the News

KEY POINTS Dangote Petroleum Refinery is considering restricting petrol supplies to major oil marketers that continue to import Premium Motor Spirit (PMS) into Nigeria, amid growing concerns over fuel quality, …

KEY POINTS Residents of the Federal Capital Territory (FCT) are continuing to struggle with the high cost of cooking gas, despite a recent decline in Liquefied Petroleum Gas (LPG) prices. …

KEY POINTS Three years after the Federal Government began promoting compressed natural gas, CNG, as a cheaper alternative to petrol, the initiative has yet to gain significant traction among private …

KEY POINTS Fourteen municipalities across South Africa are facing the possibility of electricity supply interruptions after failing to conclude Distribution Agency Agreements (DAAs) with Eskom ahead of a September 1 …

KEY POINTS Seplat Energy Chief Executive Officer, Effiong Okon, has urged independent oil and gas operators in Nigeria to make asset integrity a top priority, warning that ageing infrastructure, poor …

KEY POINTS Chevron Corp. is in talks to expand its operations in Venezuela as the United States moves to strengthen its involvement in the South American country’s oil industry. The …

KEY POINTS Sahara Power Enterprise Group has commenced construction of a $12 million gas-fired Independent Power Plant (IPP) in Lagos as part of efforts to improve electricity supply to businesses …

KEY POINTS Rwanda has thrown its support behind Dangote Industries’ proposed $17 billion oil refinery in Lamu, Kenya, as East Africa seeks to strengthen its petroleum supply network and reduce …

KEY POINTS Energean is in exclusive negotiations to acquire some of BP’s upstream oil and gas assets in Egypt in a deal that could be worth about $1 billion, according …

KEY POINTS The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has called for sustained government policies and increased private-sector investment to expand Nigeria’s domestic refining capacity and …