Oil & Gas

KEY POINTS CardinalStone Research has projected that Dangote Petroleum Refinery and Petrochemicals could achieve a market capitalisation of N77.7 trillion if its planned public listing performs in line with the …

KEY POINTS Angola has announced a new oil discovery in the country’s mature offshore Block 15, raising hopes of additional production from an area that has already delivered billions of …

KEY POINTS Shell Lubricants Egypt has entered into a partnership with TAQA Petroleum to expand the availability of its lubricants, coolants and transmission fluids across TAQA Petroleum’s network of service …

KEY POINTS ExxonMobil is set to take over operatorship of the Papua LNG project in Papua New Guinea from TotalEnergies as part of a broader restructuring aimed at streamlining the …

KEY POINTS Italian energy company Eni and Venezuela’s state-owned oil giant PDVSA have signed a 25-year hydrocarbons participation contract covering the development of the giant Junín 5 heavy oil field …

KEY POINTS The Dangote Petroleum Refinery is targeting expansion that would make it the largest refinery in the world by 2028, according to Dangote Group President and Chief Executive Officer, …

KEY POINTS Brazil’s environmental regulator, Ibama, has approved Petrobras request to drill three additional wells in the Foz do Amazonas Basin, subject to a series of environmental and operational conditions. …

KEY POINTS Eni and PETRONAS have agreed to jointly explore the development of a new generation of high-performance bio-gasoline made from renewable raw materials. The two energy companies signed a …

KEY POINTS US liquefied natural gas, LNG, exports increased sharply in the first half of 2026, averaging 17.4 billion cubic feet per day (Bcf/d), according to the US Energy Information …

KEY POINTS Chevron Bangladesh says it remains committed to supporting Bangladesh’s long-term energy security as the country faces declining domestic gas production, rising demand and greater reliance on imported fuels. …