Oil & Gas

KEY POINTS The Dangote Petroleum Refinery has once again emerged as Europe’s largest supplier of imported jet fuel, overtaking the United States for the second consecutive month and strengthening Nigeria’s …

KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …

KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has proposed sweeping new regulations aimed at strengthening Fuel Competition and preventing petroleum companies from manipulating prices, restricting supply …

KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …

KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

KEY POINTS Angola’s state-owned oil company, Sonangol, and the country’s oil and gas regulator have announced promising results from the Katambi-2 offshore appraisal well, with initial testing confirming productive reservoirs …

KEY POINTS Investment Group belonging to Johann Rupert, Remgro, is positioning itself to play a significant role in South Africa’s emerging competitive electricity market through the Energy Exchange of Southern …

KEY POINTS Uganda is targeting February 2027 for a final investment decision (FID) on its long-delayed $4 billion crude oil refinery, a development that could mark a major step towards …

KEY POINTS • Kenya and Rwanda have signed three agreements to establish a government-to-government framework for fuel imports. • The partnership will improve Rwanda’s fuel security by increasing the use …