Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.
In the News
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KEY POINTS Libya’s National Oil Corporation, NOC, has begun pilot operations for a gas utilisation project at the KK station operated by Mellitah Oil & Gas, in a move aimed …
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KEY POINTS Iraq has signed a consultancy agreement with US energy major Chevron to provide technical advice on the development of West Qurna 2, one of the country’s largest oilfields. …
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KEY POINTS Fresh pressure is mounting on petrol prices across Nigeria after the Dangote Petroleum Refinery raised its ex-gantry price by N85 per litre, pushing the wholesale cost of Premium …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals FZE has opened a N2.15 trillion Initial Public Offering, IPO, giving Nigerians and other African investors an opportunity to acquire shares in one …
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KEY POINTS Nelson Mandela University in South Africa’s Eastern Cape is set to significantly reduce its dependence on Eskom after installing a 4.4 megawatt solar photovoltaic system across its seven …
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KEY POINTS ExxonMobil expects offshore exploration and expanded natural gas development to remain important drivers of Guyana’s economic growth over the next decade as the South American country seeks to …
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KEY POINTS QatarEnergy is in talks with several US LNG producers to secure multi-year supplies through 2031 as it looks to replace export capacity damaged by Iranian attacks, according to …
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KEY POINTS Italy’s Saipem is introducing a new range of standardised floating liquefied natural gas, FLNG, facilities designed to simplify project development, shorten delivery timelines and unlock gas resources that …
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KEY POINTS Oando Energy Resources Nigeria Limited, OERNL, a subsidiary of Oando Plc, has launched a 12-month drilling engineering training programme aimed at equipping young Nigerians with specialised technical skills …