Oil & Gas

KEY POINTS Chevron Corp. is in talks to expand its operations in Venezuela as the United States moves to strengthen its involvement in the South American country’s oil industry. The …

KEY POINTS Rwanda has thrown its support behind Dangote Industries’ proposed $17 billion oil refinery in Lamu, Kenya, as East Africa seeks to strengthen its petroleum supply network and reduce …

KEY POINTS Energean is in exclusive negotiations to acquire some of BP’s upstream oil and gas assets in Egypt in a deal that could be worth about $1 billion, according …

KEY POINTS The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has called for sustained government policies and increased private-sector investment to expand Nigeria’s domestic refining capacity and …

KEY POINTS Nigeria’s Dangote Refinery is preparing for a potential record-breaking initial public offering, IPO, but investors are increasingly focused on one major challenge: whether the refinery can secure enough …

KEY POINTS The debate over Nigeria’s continued importation of refined petroleum products has intensified, with Dangote Refinery and petroleum marketers taking opposing positions on whether imports should continue despite the …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has raised concerns about the continued importation of Premium Motor Spirit (PMS), commonly known as petrol, despite the growing capacity of domestic refineries …

KEY POINTS The Ogoni Dialogue Committee, ODC, has denied allegations that it influenced the selection of 40 Ogoni people recently offered employment opportunities by the Nigerian National Petroleum Company Limited …

KEY POINTS ExxonMobil has resumed oil production at its Liza Unity floating production, storage and offloading (FPSO) vessel offshore Guyana after a small fire temporarily halted operations. The incident triggered …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited and partners in the Oil Mining Lease (OML) 118 project have signed key agreements aimed at moving the long-awaited Bonga South …