Markets

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to ending routine gas flaring by 2030 and reducing methane emissions by 60 per cent by 2035 …

KEY POINTS The President of the State Oil Company of Azerbaijan Republic, SOCAR, Rovshan Najaf, held discussions with John Ardill, Vice President of ExxonMobil Corporation, on the sidelines of the …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission,NUPRC, has assured stakeholders that Nigeria’s crude oil and gas production continues without disruption, despite an ongoing industrial action by workers under the …

KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …

KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

KEY POINTS The Government of Ghana has signed a multi-billion dollar agreement with Eni and the Jubilee Partners in a major move aimed at revitalising the country’s upstream petroleum sector. …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has accused the Dangote Petroleum Refinery of attempting to dominate Nigeria’s downstream petroleum sector through its legal challenge against fuel import …

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …

KEY POINTS Shell has reported a first-quarter adjusted profit of $6.9 billion, its strongest performance in two years, surpassing analyst expectations of $6.36 billion. The result represents a sharp increase …