Oil & Gas

KEY POINTS Shell Nigeria Gas, SNG, convened industry stakeholders in Port Harcourt to explore how natural gas can reduce operational costs, boost productivity, and attract investments across Nigeria’s industrial sector. …

KEY POINTS Global oil prices surged on Friday, rising more than 3%, after comments by U.S. President Donald Trump signaled growing frustration with Iran, raising fresh fears over potential disruptions …

KEY POINTS Kenya has announced a significant increase in retail fuel prices, raising them by as much as 23.5% following continued volatility in global oil markets linked to tensions in …

KEY POINTS The President of the Dangote Group, Aliko Dangote, has revealed that the Nigerian National Petroleum Company (NNPC Limited) attempted to increase its equity stake in the Dangote Petroleum …

KEY POINTS Nigeria has once again failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries, OPEC, after recording an average daily output …

KEY POINTS Nigerian billionaire businessman, Aliko Dangote, has revealed that he rejected attempts by the Nigerian National Petroleum Company Limited, NNPC, to increase its minority stake in the soon-to-be publicly …

KEY POINTS Libya’s National Oil Corporation (NOC) has officially ended its partnership with Trasta Energy in the Libyan Emirates Oil Refining Company (LERCO), reclaiming full control of the strategically important …

KEY POINTS Chevron has announced plans to expand its energy investments across the United States as the country experiences growing demand for fuel and electricity. The energy giant said its …

KEY POINTS Global oil prices jumped by more than 3% on Tuesday after renewed tensions between the United States and Iran stalled progress on a proposed peace deal, reigniting fears …

KEY POINTS Africa’s richest man, Aliko Dangote, is targeting a valuation of up to $50 billion for his refinery business ahead of a planned initial public offering (IPO) expected later …