In the News

KEY POINTS Libya is seeking between $30 billion and $40 billion in fresh investment to rebuild and expand its oil and gas industry, as the North African producer targets a …

Coal India is setting up its first overseas trading office in Singapore as it pushes into iron ore and critical minerals, two sources told Reuters.

The Russian-held Zaporizhzhia nuclear plant in Ukraine has switched to emergency diesel generators after damage to a high-voltage line cut its external power.

KEY POINTS Oil prices remained broadly stable in early Asian trading on Thursday as investors assessed the outlook for the U.S.-Iran conflict and uncertainty surrounding the movement of oil tankers …

KEY POINTS Nigeria could significantly increase its crude oil production from deep offshore assets following the introduction of new investment incentives aimed at accelerating oil and gas developments, according to …

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

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA has proposed new regulations aimed at preventing fuel marketers and other petroleum industry players from manipulating prices, creating artificial …

NRG Energy has emerged as a potential bidder for the Pleasants Power Station, a West Virginia coal plant that filed for bankruptcy last month.

KEY POINTS Dangote Petroleum Refinery & Petrochemicals has secured $600 million in a completed private placement as it moves closer to a planned initial public offering (IPO). The fundraising represents …

KEY POINTS Eskom’s former chief executive, Andre de Ruyter, has come under renewed scrutiny after the utility’s chairman, Mteto Nyati, said the executive management team was disconnected from the realities …