Oil & Gas

KEY POINTS Dangote Petroleum Refinery & Petrochemicals has secured $600 million in a completed private placement as it moves closer to a planned initial public offering (IPO). The fundraising represents …

Canada’s biggest oil producers are targeting late 2027 for a final decision on the Pathways carbon capture project, an industry group told Reuters.

KEY POINTS Italian energy company Eni and Algeria’s state-owned oil and gas giant Sonatrach have expanded their cooperation on reducing greenhouse gas emissions from Algeria’s oil and gas industry. The …

KEY POINTS The Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme as it prepares for its planned Initial Public Offering (IPO), strengthening the financial foundation for …

KEY POINTS Libya’s state-owned National Oil Corporation, NOC, says the country needs between $30 billion and $40 billion in new investment to develop its largely untapped oil and gas resources, …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has called for the development of a fully integrated West African petroleum market as growing refining capacity begins to …

KEY POINTS Chevron has announced a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola, strengthening the energy giant’s efforts to expand production in …

KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …

KEY POINTS Libya’s National Oil Wells Drilling & Workover Company, NWD, has completed maintenance on 188 oil wells and drilled 21 new wells for several subsidiaries of the National Oil …

KEY POINTS Libya’s National Oil Corporation, NOC, and Akakus Oil Operations are working on plans to increase crude oil production at the Sharara Oil Field from about 335,000 barrels per …