In the News

KEY POINTS The Dangote Group has agreed to redeploy more than 800 workers dismissed by its flagship petroleum refinery after days of high-stakes talks with Nigeria’s powerful oil workers’ union …

KEY POINTS South Africa’s state-owned power utility Eskom is shifting its focus from stabilising electricity supply to tackling affordability, with chairperson Mteto Nyati saying future tariff hikes must be brought …

ExxonMobil’s Darren Woods met Mozambique’s president to seek security assurances before approving a $30 billion gas terminal in Cabo Delgado

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 …