In the News

KEY POINTS Nigeria’s attempt to broker peace between the Dangote Petroleum Refinery and one of the country’s most powerful oil unions ended without a deal after nine hours of negotiations, …

NNPC signed a two-year crude deal with Dangote refinery, allocating 82 million barrels, with 60 percent sold in naira

KEY POINTS ExxonMobil Corp. Chief Executive Officer Darren Woods pressed Mozambique’s President Daniel Chapo last week for firm guarantees of security before moving ahead with a $30 billion liquefied natural …

BP greenlights $5 billion Tiber-Guadalupe project in the U.S. Gulf, aiming to boost oil output and cut costs

PENGASSAN strike halts crude supply, sparking fears of a fuel price hike and nationwide power blackouts

KEY POINTS Nigeria’s federal government is scrambling to head off a looming nationwide strike by senior oil workers after a confrontation between the Petroleum and Natural Gas Senior Staff Association …

KEY POINTS Italian energy major Eni SpA has unveiled plans to channel $8 billion into Egypt’s oil and gas sector over the next five years, reaffirming its central role in …

KEY POINTS Nigeria’s petroleum regulator, NUPRC, has stepped into the growing standoff between Aliko Dangote’s refinery and oil sector unions, urging all sides to resolve their differences without putting the …

KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …

KEY POINTS Nigeria’s most powerful oil and gas union, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has directed its members across the country’s top energy firms …