KEY POINTS Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit, commonly known as petrol, from ₦1,350 to ₦1,325 per litre following a decline in global crude …
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In the News
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KEY POINTS Shell has completed the sale of its interests in the Na Kika platform and related fields, as well as its full ownership of the Coulomb tieback in the …
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Canada has unveiled draft legislation setting a one-year deadline for major project reviews, part of Prime Minister Mark Carney’s push to counter US tariffs.
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The US Department of Energy has selected 21 projects for up to $99 million to advance next-generation geothermal power, including two won by Fervo Energy.
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KEY POINTS The Free State High Court has overturned a lower court ruling that cleared Eskom of liability after a child was electrocuted by an electric cable lying on the …
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KEY POINTS Kenya is preparing to break ground on a proposed 700,000-barrel-per-day refinery in Lamu, a multibillion-dollar project being developed with Nigerian industrialist Aliko Dangote. Kenyan President William Ruto announced …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has approved 830,000 tonnes of Premium Motor Spirit imports for the fourth quarter of 2026 as tighter global fuel …
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KEY POINTS BP CEO Meg O’Neill says the oil major needs to make more disciplined investment decisions and strengthen investor confidence as she marks her first 100 days in the …
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Bangladesh has raised fuel prices by up to 17.4 percent, its third hike since April, as the Middle East conflict drives up global oil and shipping costs.
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Petrobras has approved joining Brazil’s new diesel subsidy program worth 1 real per liter, as President Lula moves to cushion voters from rising oil prices.