Oil & Gas

KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …

KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …

KEY POINTS French multinational energy company, TotalEnergies SE, has signed a 10-year contract to supply renewable electricity to Data4’s data centres in Spain. The agreement, set to begin in 2026, …

KEY POINTS Shell Nigeria is shining a light on its six-decade presence in the country’s energy landscape at this year’s International Conference and Exhibition of the Nigerian Association of Petroleum …

KEY POINTS Petroleum marketers across Nigeria are rethinking their import plans after the Dangote Petroleum Refinery slashed its ex-depot price for petrol by N49 per litre, a move that could …

KEY POINTS The Nigerian Presidency is weighing significant changes to the ownership structure of the Nigerian National Petroleum Company Limited, NNPC, as concerns mount over the state firm’s limited contribution …

KEY POINTS Downer EDI Limited has signed a long-term maintenance and services deal with Chevron Australia that could be worth as much as $750 million over 15 years, marking a …

KEY POINTS Egypt has exported a new shipment of liquefied natural gas, LNG, to Greece on behalf of Shell, the Ministry of Petroleum and Mineral Resources confirmed on Saturday. According …

Koeberg Nuclear Power Station’s Unit 2 has reached a major milestone, celebrating 40 years of providing safe, clean, and reliable energy to South Africa.  The plant, located near Cape Town, …

KEY POINTS Chevron confirmed this week it is nearing a final investment decision on the second phase of its 22 trillion cubic foot Leviathan gas field offshore Israel, a project …