In the News

KEY POINTS Mozambique signaled a breakthrough for one of Africa’s most ambitious energy ventures after President Daniel Chapo said Thursday that conditions have been met for TotalEnergies SE to restart …

KEY POINTS Eni SpA and its consortium partners have approved the long-awaited Coral North floating liquefied natural gas (FLNG) development offshore Mozambique, a move expected to transform the country’s role …

KEY POINTS Eni SpA is strengthening its presence in West Africa after signing a new exploration license with Ivory Coast’s Ministry of Mines, Petroleum and Energy, covering a vast deepwater …

KEY POINTS South Africa’s state power utility Eskom has appointed long-serving executive Monde Bala as the chief executive of its transmission subsidiary, the National Transmission Company South Africa (NTCSA), cementing …

Chevron’s El Segundo refinery in Los Angeles caught fire Thursday, contained to one section with no reported injuries or impact on LAX

Aramco teams with Honeywell and KAUST to develop direct crude-to-chemicals technology, lowering costs and advancing Saudi Arabia’s petrochemical ambitions

Nigeria secures $5.5 billion from IOC divestments, raising crude production by 200,000 barrels daily and strengthening local participation

KEY POINTS The Republic of Congo is preparing to enact a new gas code this month in a bid to cement its transition from an oil-dependent economy to one anchored …

KEY POINTS Fuel queues have returned to Nigeria’s biggest cities, Lagos and Abuja, ending months of relative stability in the country’s volatile downstream market. Motorists spent hours searching for petrol …

KEY POINTS South Africa’s troubled but indispensable coal fleet has reached a new milestone. Eskom Holdings SOC Ltd. said Thursday it had commissioned the sixth and final unit of the …