In the News

KEY POINTS Nigeria’s state oil company, NNPC, is again under pressure after a fresh audit by the Office of the Auditor-General of the Federation detailed more than N684 million in …

KEY POINTS ExxonMobil has formally resumed work on its long-delayed natural gas project in northern Mozambique, marking its first decisive step back into the troubled region more than four years …

KEY POINTS CrossBoundary Energy has raised 200 million dollars in additional senior debt to accelerate the roll-out of its renewable energy portfolio across Africa, marking one of the largest financing …

KEY POINTS Shell is preparing to bring its 404,000-barrel-a-day Pernis refinery in Rotterdam back online before the end of November, following a lengthy maintenance programme that has taken large segments …

KEY POINTS Residents of a modest apartment block in Odukoya Estate, Lagos, have accused Ikeja Electric of plunging them into a week-long blackout after officials disconnected their supply over an …

KEY POINTS TotalEnergies has moved to deepen its presence in Nigeria’s offshore oil sector after signing a set of asset-swap agreements with Conoil Producing Limited, strengthening its control of one …

KEY POINTS ExxonMobil’s decision to wind down operations at its Fife Ethylene Plant in Cowdenbeath has drawn a line under one of Scotland’s most significant industrial landmarks, ending forty years …

KEY POINTS TotalEnergies has committed 100 million dollars to accelerate the development and deployment of technologies aimed at cutting emissions across the oil and gas sector, deepening the company’s involvement …

KEY POINTS Petroleum tanker drivers in Plateau State have openly renounced their membership of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, saying the union has consistently failed …

KEY POINTS South Sudan says its crude exports have returned to normal levels after recent attacks on energy facilities in neighbouring Sudan temporarily disrupted shipments along the country’s main export …