Oil & Gas

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 …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, is targeting up to $10 billion in new gas investments through a funding scheme designed to reduce project risks …

KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …

KEY POINTS Chevron is making another attempt to develop the long-stalled Ubon gas condensate field offshore Thailand, years after previous efforts failed to move the project into development. The Ubon …

KEY POINTS Senegal has signed a memorandum of understanding with Italian energy company Eni to assess the potential of five offshore oil and gas blocks as the country seeks to …

KEY POINTS ExxonMobil has secured regulatory approval to move ahead with its Rose carbon-capture project in Texas, clearing a major hurdle for a development designed to permanently store carbon dioxide …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd., has unveiled plans to significantly expand Nigeria’s gas reserves and production as part of efforts to establish the country as …

KEY POINTS Chevron is looking to expand its global natural gas and liquefied natural gas, LNG, portfolio as repeated supply disruptions and growing concerns over energy security push buyers to …

KEY POINTS Nigeria’s Bonny and Forcados oil terminals accounted for a combined 637,440 barrels per day of crude oil and condensates in August, making them the country’s two biggest producing …

KEY POINTS Libya’s state-owned National Oil Corporation, NOC, is seeking stronger cooperation with British and international energy companies as it works to increase oil and gas production, improve the efficiency …