Oil & Gas

KEY POINTS Kenya is preparing to break ground on a proposed 700,000-barrel-per-day refinery in Lamu, a multibillion-dollar project being developed with Nigerian industrialist Aliko Dangote. Kenyan President William Ruto announced …

KEY POINTS BP CEO Meg O’Neill says the oil major needs to make more disciplined investment decisions and strengthen investor confidence as she marks her first 100 days in the …

KEY POINTS Chevron plans to sharply increase its oil and gas exploration activity next year as it overhauls its exploration strategy and seeks to improve its record of finding new …

KEY POINTS QatarEnergy has warned that the ongoing crisis around the Strait of Hormuz could delay some of its major expansion projects, as critical equipment needed for development work remains …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has begun rolling out a technology-driven approach to fuel retailing with the commissioning of its first Smart Self-Service Station in …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has completed the basic engineering work for the next phase of its expansion, putting the company on course to raise the refinery’s capacity …

KEY POINTS Eni has completed the sale of a 10% interest in Côte d’Ivoire’s Baleine offshore project to Azerbaijan’s state-owned energy company SOCAR, reshaping the ownership structure of one of …

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …

KEY POINTS Nigeria LNG Limited, NLNG, has urged gas producers to treat methane reduction not only as an environmental responsibility but also as a commercial opportunity that can increase revenue, …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, commonly known as petrol, with prices rising by as much as N85 …